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
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • 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, info@patterninsurance.com

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

  • What to discuss during the first retirement planning meeting
  • Inflation, competing priorities and uncertainty erode retirement security
  • As health premiums rise, 1 in 8 workers cut retirement savings
  • CT governor’s candidates claims: What’s true, and what’s misleading
  • Retaining clients by giving them a memorable experience
More Advisor News

Annuity News

  • National Life Group expands annuity portfolio
  • AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
  • USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
  • How flexible annuities fit today’s retirement portfolios
  • Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity News

Health/Employee Benefits News

  • Obamacare dealt yet another blow as premiums rise again
  • CONSUMER ADVISORY: OPEN ENROLLMENT STARTS NOV. 1: COMPARE OPTIONS AND FIND OUT HOW TO SAVE
  • GOVERNOR SPANBERGER CELEBRATES COURT RULING PROTECTING HEALTHCARE COVERAGE FOR VIRGINIANS WITH SERIOUS ILLNESSES
  • Kenai renews employee health coverage despite $792K jump in costs
  • Healthcare navigator: More people are dropping insurance or choosing higher-deductible plans
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Insignia Life S.A. de C.V.
  • FINANCIAL FRAUD
  • Security Benefit Announces Planned Dividend Rate Reset for Series B Preferred Stock
  • Palmetto Heritage and Atlantic Coast Life Announce Discussions Regarding Potential Acquisition
  • Jury finds insurance company acted in bad faith, awards Nebraska woman $11.3M
Sponsor
More Life Insurance News

NEWS INSIDE

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

FEATURED OFFERS

Press Releases

  • Spectrum Weather & Specialty Insurance Celebrates 15 Years and Welcomes the Next Generation
  • Royal Neighbors of America® Increases Service Capacity
  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
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
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • 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.