Slingshot Insurance and Skyward Group Partner to Accelerate Growth in Embedded Insurance

Ethan Genteman, Co-founder and CEO of Slingshot Insurance

“Slingshot was built around the belief that a new generation of insurance opportunities requires a different kind of carrier infrastructure. Our AI-native platform is designed to dramatically reduce the time and cost required to build, launch and scale insurance products, particularly in markets where high transaction volumes and lower premiums have historically been difficult for traditional carrier models to serve.”

Ethan Genteman, Co-founder and CEO of Slingshot Insurance

“Skyward is an ideal, complementary partner because they bring deep specialty insurance expertise, financial strength, experience with emerging risks, a culture that moves quickly, and a strong commitment to innovation. Together, we have an opportunity to bring new insurance products to market faster and expand what is economically possible in embedded insurance.”

Andrew Robinson, Chairman and CEO of Skyward Group

“Embedded insurance solutions represent an important evolution in how specialty insurance can reach customers, particularly as businesses increasingly seek to distribute products and services through digital platforms.”

Andrew Robinson, Chairman and CEO of Skyward Group

“With every business opportunity we pursue, we contemplate a build versus partner approach, and we believe Slingshot is the ideal partner for Skyward to pursue the embedded market. Slingshot's platform and knowledge of this market, combined with Skyward's underwriting, product, and technical insurance know-how, as well as our experience in emerging risk, including across the digital economy, make this a compelling partnership and attractive strategic investment for Skyward Group. With our strategic support, Slingshot will more rapidly scale its embedded insurance model and extend Skyward's specialty into an entirely new market that we do not serve today.”