PassportCard acquires Pattern’s assets

PassportCard has acquired the technology platform and core team of Pattern Insurance , a U.S.- and Israel-based provider of embedded insurance solutions.

Founded in 2020, Pattern enabled brands in travel and recreation to embed insurance at the point of booking through its API-driven platform.

According to LinkedIn data, Pattern currently has 14 employees. This reflects a 42% reduction in its workforce over the past two years.

Pattern’s team will continue to support the platform post-acquisition.