Skyward becomes primary carrier for AI-native embedded insurer Slingshot
Skyward co-led Slingshot's $27m seed round, and the deal gives the start-up A-rated paper in all 50 US states.
Skyward Group is now the primary carrier partner for Slingshot Insurance, giving the AI-native embedded insurer access to an AM Best A-rated carrier in all 50 US states, the companies said on 27 October.
Skyward co-led Slingshot's $27m seed round, announced on 22 October. Skyward Group is the holding company brand for Skyward Specialty in the US and Apollo in the UK.
Slingshot targets high volume, low premium products in markets such as amateur sports, travel and the gig economy. It says its platform automates data-heavy workflows while keeping every decision auditable and explainable.
"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," said Andrew Robinson, chairman and chief executive of Skyward Group.
Related coverage: Guidewire agrees to buy London pricing firm hyperexponential for $1.7bn and DXC enters talks to sell insurance division to Eldridge for about $2.4bn.
Sources
- Slingshot Insurance and Skyward Group Partner to Accelerate Growth in Embedded Insurance, PR Newswire, 27 October 2026
- Slingshot Insurance Emerges from Stealth with $27 Million Seed Investment, PR Newswire, 22 October 2026
CoverWire is a news and information service. Nothing here is investment advice.
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