Franklin Madison acquires insurance technology firm Bindable

Franklin Madison has completed the acquisition of Bindable, a technology company specializing in alternative insurance distribution. The transaction combines Bindable’s technical platform with Franklin Madison’s industry reach to support the expansion of Insurance-as-a-Service solutions.

Bindable provides tools that allow companies to embed property and casualty insurance products into their existing customer ecosystems. By acquiring the company, Franklin Madison aims to accelerate the adoption of these digital distribution tools, allowing broader access to insurance products through non-traditional channels.

This consolidation follows a broader industry shift toward embedding financial and insurance services directly into customer-facing platforms. Both companies will now focus on scaling their shared infrastructure to support growing demand for seamless insurance integration.