PassportCard Acquires Embedded Travel Insurance Platform Pattern
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
Founded in 2020, Pattern worked with travel, recreation, and activity management brands across the
"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
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Pattern PR,
View original content:https://www.prweb.com/releases/passportcard-acquires-embedded-travel-insurance-platform-pattern-302445736.html
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