PassportCard Acquires Embedded Travel Insurance Platform Pattern - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Property and Casualty News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Property and Casualty News RSS Get our newsletter
Order Prints
May 7, 2025 Property and Casualty News
Share
Share
Post
Email

PassportCard Acquires Embedded Travel Insurance Platform Pattern

PR Web

Pattern Insurance Services Inc., a recognized innovator in embedded insurance, announced that its solution has been acquired by PassportCard to strengthen PassportCard's global travel insurance innovation capabilities. The acquisition combines Pattern's platform and team with PassportCard's international presence to accelerate embedded insurance adoption across digital travel channels.

PALO ALTO, Calif., May 7, 2025 /PRNewswire-PRWeb/ -- PassportCard, a global leader in travel and health insurance innovation, has acquired the technology platform and core team behind Pattern, a U.S.- and Israel-based embedded insurance technology provider specializing in booking and registration-related solutions.

The company's unique capabilities in real-time risk assessment, partner customization, and regulatory handling positioned it as a pioneer in the fast-evolving embedded insurance landscape.

Pattern developed a flexible, API-driven platform that enabled distribution partners to offer embedded insurance products as a seamless part of their user experience. The company's unique capabilities in real-time risk assessment, partner customization, and regulatory handling positioned it as a pioneer in the fast-evolving embedded insurance landscape.

This acquisition strengthens PassportCard's global technology footprint and accelerates its embedded insurance capabilities across travel and digital channels.

"We're excited to welcome Pattern's technology and expertise into the PassportCard family," said Shefer Abelson, CEO of PassportCard Labs. "Their infrastructure and approach to partner-centric distribution complement our mission to deliver real-time, customer-first insurance experiences across borders."

Founded in 2020, Pattern worked with travel, recreation, and activity management brands across the U.S., Europe and Middle East. Its team will continue supporting and scaling the platform as part of PassportCard Labs, the technology arm of the PassportCard Group.

"We're incredibly proud of what we built and grateful for the partners, investors, and team who made Pattern's journey possible," said Meitav Harpaz, Co-Founder and CEO of Pattern. "Joining PassportCard allows the technology and vision behind Pattern to continue evolving at a global scale."

The acquisition reflects PassportCard's broader commitment to investing in cutting-edge technologies that transform insurance delivery and customer experience. Together, PassportCard and Pattern are poised to expand the possibilities of embedded insurance solutions globally, delivering greater flexibility, speed, and value to partners and end customers alike.

About PassportCard

PassportCard is a global provider of real-time travel and health insurance solutions. Operating in over 150 countries, PassportCard enables members to pay directly at the point of care using its proprietary card-based infrastructure — eliminating paperwork and delays

Media Contact

Pattern PR, Pattern Insurance Services, Inc, 1 6504054200, [email protected]

Cision View original content:https://www.prweb.com/releases/passportcard-acquires-embedded-travel-insurance-platform-pattern-302445736.html

SOURCE Pattern Insurance Services, Inc



Older

CPI Card Group Inc. Reports First Quarter 2025 Results

Newer

CPI Card Group Inc. Announces Acquisition of Arroweye Solutions, Inc.

Advisor News

  • NAIFA: Financial professionals are essential to the success of Trump Accounts
  • Changes, personalization impacting retirement plans for 2026
  • Study asks: How do different generations approach retirement?
  • LTC: A critical component of retirement planning
  • Middle-class households face worsening cost pressures
More Advisor News

Annuity News

  • Trademark Application for “INSPIRING YOUR FINANCIAL FUTURE” Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Jackson Financial ramps up reinsurance strategy to grow annuity sales
  • Insurer to cut dozens of jobs after making splashy CT relocation
  • AM Best Comments on Credit Ratings of Teachers Insurance and Annuity Association of America Following Agreement to Acquire Schroders, plc.
  • Crypto meets annuities: what to know about bitcoin-linked FIAs
More Annuity News

Health/Employee Benefits News

  • HOW A STRONG HEALTH PLAN CAN LEAD TO HIGHER EMPLOYEE RETENTION
  • KFF HEALTH NEWS: RED AND BLUE STATES ALIKE WANT TO LIMIT AI IN INSURANCE. TRUMP WANTS TO LIMIT THE STATES.
  • THE DIFFERENCE INTEGRATION MAKES IN CARE FOR DUAL ELIGIBLES
  • Arkansas now the only state in the country to withhold Medicaid from new moms
  • Validation of the French Versions of the PHQ-4 Anxiety and Depression Scale and the PC-PTSD-5 Post-Traumatic Stress Disorder Screening Scale: Mental Health Diseases and Conditions – Anxiety Disorders
More Health/Employee Benefits News

Life Insurance News

  • Corporate PACs vs. Silicon Valley
  • IUL tax strategy at center of new lawsuit filed in South Carolina
  • National Life Group Announces 2025-2026 LifeChanger of the Year Grand Prize Winner
  • International life insurer Talcott to lay off more than 100 in Hartford office
  • International life insurer to lay off over 100 in Hartford office
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

LIMRA’s Distribution and Marketing Conference
Attend the premier event for industry sales and marketing professionals

Get up to 1,000 turning 65 leads
Access your leads, plus engagement results most agents don’t see.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • RFP #T22521
  • Hexure Launches First Fully Digital NIGO Resubmission Workflow to Accelerate Time to Issue
  • RFP #T25221
  • LIDP Named Top Digital-First Insurance Solution 2026 by Insurance CIO Outlook
  • Finseca & IAQFP Announce Unification to Strengthen Financial Planning
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet