Roamly Wins Celent 2025 Model Insurer Award for Innovation Execution, Recognized for Breakthrough AI-Powered Innovation in Insurance Technology | PGR Stock News

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Jun 18, 2025
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  • Roamly wins the prestigious Celent 2025 Model Insurer Award for Innovation Execution.
  • AI-powered Actuarial Rater™ reduces implementation time from months to days.
  • Strategic partnerships with major carriers including Progressive (PGR, Financial), Safeco, and Foremost.

Roamly, a leader in digital insurance technology, has been awarded the Celent 2025 Model Insurer Award for Innovation Execution. This recognition highlights Roamly's achievement in developing its AI-powered Actuarial Rater™, a breakthrough tool that significantly transforms how actuaries manage and deploy rating plans across multi-state environments.

The Actuarial Rater™ is a no-code, AI-driven module that allows actuaries to independently deploy rates, drastically reducing implementation timelines from months to days without compromising accuracy or reliability. This advancement enables rapid market responsiveness and empowers actuaries to work independently from IT constraints.

"The Actuarial Rater™ changes everything. We built the tool to empower actuaries to move faster, smarter, and with less dependency on IT," said Brad Simmons, General Manager of Roamly. This tool is a core component of Roamly's Enterprise Platform, supporting insurance carriers and marketplaces in seamlessly embedding insurance into digital customer experiences.

Roamly's innovative solutions have allowed the company to form strategic partnerships with leading national carriers, including Progressive (PGR, Financial), Safeco, and Foremost. These partnerships enable Roamly to offer specialty insurance products such as RV, boat, and motorcycle coverage, as well as to support the integration of embedded insurance solutions through its enterprise technology platform.

Through its digital-first Roamly Enterprise platform, Roamly aims to reshape how insurance products are built, distributed, and optimized at scale, opening new revenue streams and enhancing market responsiveness for partners.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.