ChainThat, a leading provider of next-generation InsurTech solutions, has successfully launched its Beyond Policy Administration® (BPA) platform with Cobalt Specialty Inc., a Canadian specialty insurance provider.
The deployment of ChainThat’s BPA platform supports Cobalt Specialty’s Surety line in Toronto, marking a key milestone in their partnership launched in November 2024.
Cobalt selected the platform to enhance adaptability, accelerate speed to market, and better serve Canada’s complex commercial insurance sector.
Already active in the US and Australia, BPA’s launch in Canada extends ChainThat’s global reach as insurers increasingly adopt scalable SaaS solutions. The collaboration lays the groundwork for future expansion across additional commercial lines.
Cobalt Specialty COO & Founding Partner Gordon Rider said, “Partnering with ChainThat has been a great experience. The team worked more like a partner than a vendor, taking the time to understand our business and needs in order to provide a best-in-class scalable offering. ChainThat has delivered a flexible platform that allows us to launch, adapt, and scale our offerings efficiently. With BPA, we are now well positioned to support the evolving needs of Canadian industries.”
ChainThat CEO Vikas Acharya said, “The successful implementation with Cobalt Specialty is a great example of what our BPA platform is built for – flexibility, speed, and the ability to support complex lines of business. We’re thrilled to help Cobalt deliver high-impact solutions to the Canadian market and look forward to expanding our partnership to support their growth in other commercial lines.”
Keep up with all the latest FinTech news here
Copyright © 2025 FinTech Global
