Penn-America Underwriters, LLC (PAU), a subsidiary of Global Indemnity Group, LLC, has completed the acquisition of Sayata, an AI-enabled digital distribution marketplace and agency operations for commercial insurance. This acquisition directly supports PAU’s strategy to deliver faster, smarter distribution solutions for specialty insurance and new products. The integration of Sayata is expected to accelerate PAU's roadmap by expanding its distribution, product portfolio, and technology capabilities.
Sayata is recognized as a leading innovator in insurance technology, having supported over ten thousand insurance professionals across the U.S. and placed tens of thousands of policies. The platform leverages advanced data analytics and machine learning to streamline the distribution of commercial Property & Casualty insurance products, aiming to improve operational efficiency and drive growth for broker partners.
Saul Fox, Chairman of GBLI, stated that Sayata’s innovative technology and industry partnerships align with the vision under 'Project Manifest,' Global Indemnity’s recent strategic reorganization. This acquisition is a key step in expanding the company's digital capabilities and deepening relationships with customers, reinforcing its commitment to technological leadership in the insurance sector.
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