We’re proud to announce that Bamboo Insurance has been recognized as a Fall 2025 Culture Excellence Top Workplace, earning accolades in not just one—but three key categories that define what it means to be a truly people-first organization:

• Employee Appreciation
• Professional Development
• Employee Well-being

This recognition isn’t just a series of badges – it’s a reflection of our culture, our values, and the everyday experience of the people who make Bamboo Insurance what it is today.

Putting People First 

From day one, our mission at Bamboo has been to redefine the insurance experience—not just for our customers, but for our employees too. Being honored in these three specific categories reinforces our commitment to creating a workplace that invests in its people, values their contributions, and supports them both professionally and personally.

• Employee Appreciation: We believe great work should never go unnoticed. Whether it’s celebrating individual milestones, recognizing team wins, or creating meaningful ways to say “thank you,” we strive to make appreciation a daily practice – not just a once-a-year event.
• Professional Development: Growth isn’t optional—it’s essential. We’re proud to offer pathways for continuous learning, mentorship, and advancement. When our team members grow, our company grows right along with them.
• Employee Well-being: A healthy workplace starts with healthy people. From paid wellness day to mental health support, we’re committed to building an environment where employees can thrive inside and outside of work.

Why This Matters

Culture doesn’t happen by accident – it’s built intentionally, one decision at a time. This recognition as a Top Workplace for Culture Excellence is more than a moment of pride; it’s a signal that we’re on the right track. It motivates us to keep listening, keep improving, and keep showing up for our people in the ways that matter most.

Thank You, Team

To our entire team: thank you for making Bamboo not just a great place to work, but a place where people feel seen, supported, and inspired. This award is yours – and it’s just the beginning.

White Mountains Insurance Group, Ltd. (NYSE: WTM) (“White Mountains”) announced today that it has signed a definitive agreement to sell a controlling interest in Bamboo, a data-enabled insurance distribution platform providing homeowners’ insurance and related products to the residential property market in California and Texas, to funds advised by CVC Capital Partners (“CVC”). The transaction values Bamboo at $1.75 billion.

White Mountains expects the transaction will result in a gain of approximately $310 to its book value per share and net cash proceeds of approximately $840 million. White Mountains will retain an approximately 15% fully-diluted equity stake in Bamboo post-closing, valued at $250 million based on the transaction.

“It has been our privilege to partner with Bamboo. Its rapid growth is a testament to the value and innovation it is bringing to the homeowners’ insurance market,” said Manning Rountree, Chief Executive Officer of White Mountains. “This transaction is a win-win for both White Mountains shareholders and Bamboo management and employees. We want to thank John and the entire Bamboo team for all of their hard work, and we look forward to continued partnership with them and CVC,” added Liam Caffrey, President and Chief Financial Officer of White Mountains.

“We are extremely gratified by the success of Bamboo during our ownership. This is a prime example of our approach to partnering with highly talented management teams in the insurance sector and supporting them with value-added resources and expertise to drive superior results for all stakeholders. We look forward to working with our new partners at CVC to support Bamboo’s next chapter of growth,” added Chris Delehanty, Head of M&A of White Mountains.

“We thank the White Mountains team for their valuable guidance and support throughout our partnership. They have been instrumental in making our vision a reality,” said John Chu, Chief Executive Officer of Bamboo. “This milestone represents the result of years of dedication and hard work by the entire Bamboo team and was only achieved with the support and confidence of our valued partners. We could not be happier with the outcome. While I’m incredibly proud of the growth we’ve achieved while staying true to our client-first values, we’re still in the early innings. We are thrilled to welcome CVC on as our new majority capital partner alongside White Mountains as we embark on the next phase of Bamboo’s growth journey.”

“Bamboo is a one of a kind asset, deploying differentiated technology, speed and underwriting to serve the insurance needs of homeowners in California and Texas,” said Daniel Brand, Partner at CVC. Lorne Somerville, Managing Partner and Co-Head of CVC US added, “We believe Bamboo’s mix of high growth, recurring revenue and value to its partners make it an optimal fit for CVC’s US portfolio.”

The transaction is expected to close by the end of the fourth quarter of 2025. The closing is subject to regulatory approvals and other customary closing conditions. The closing is not subject to a financing condition.

White Mountains will file a current report on Form 8-K with the U.S. Securities and Exchange Commission containing a summary of terms and conditions of the proposed transaction.

Evercore Group L.L.C. acted as lead financial advisor, Piper Sandler & Co. acted as financial advisor, and Cravath, Swaine & Moore LLP served as legal counsel to White Mountains and Bamboo. Willkie Farr & Gallagher acted as legal advisor to Bamboo management. Latham & Watkins LLP acted as legal advisor to CVC.

Read the full press release here.

Bamboo Insurance is excited to announce its expansion into the Texas homeowners insurance market. This move marks an important milestone for the company, which has established a strong presence in California’s competitive and challenging insurance environment. 

Having withstood California’s volatile insurance market — staying when many other carriers left — this isn’t Bamboo’s first rodeo. As experts in underserved and disrupted markets, the organization’s entry into Texas is embraced by many as a needed source of security and optimism. Bamboo’s commitment to providing stable, personalized home insurance options has allowed it to thrive where others could not. Now, the company is bringing its “here for good” philosophy to Texas homeowners who are looking for a more personal, approachable insurance experience. 

“We’ve always believed that insurance should be simple, transparent, and, most importantly, human,” said John Chu, CEO of Bamboo Insurance. “In California, we’ve been there for our customers when others walked away, and we’re proud to bring that same commitment to Texas. We’ve been assessing the current coverage situation in Texas for some time now and are confident we can bring peace of mind and fair coverage to the Texans who need it the most. We’re proud to serve Texas.”    

Bamboo Insurance takes pride in offering a personal, customer-first approach that goes beyond just coverage. By focusing on understanding each homeowner’s unique needs, Bamboo ensures that Texans have access to coverage that truly fits their lives. Whether it’s answering a question, offering guidance, or handling claims with care, Bamboo’s team works to build lasting relationships with customers — not just sell them policies. 

Read the full press release here.

Bamboo Insurance, a customer-first homeowners insurance organization with a data-powered approach, today announced a strategic partnership with Accredited, a respected specialty insurer. The partnership enhances availability and coverage options to homeowners across California with the launch of Bamboo’s E&S Signature product.

While many carriers have withdrawn from the California market, Bamboo has demonstrated its unwavering commitment to California homeowners – not only by continuing to serve the community but also by expanding its coverage offerings. Through combining Bamboo’s tech-enabled underwriting platform with Accredited’s financial strength and specialty program expertise, the partnership will deliver non-admitted homeowners insurance designed to meet the challenges of today’s evolving risk landscape.

Since 2018, Bamboo has leveraged data and technology to serve thousands of California homeowners. This partnership expands that mission, offering broader access to reliable, transparent, and tailored insurance coverage.

“California’s insurance landscape remains volatile, leaving many homeowners with few options,” said John Chu, CEO of Bamboo Insurance. “With E&S Signature, we’re enhancing our commitment to California – providing homes with protection when other insurers back away. Bamboo, in partnership with Accredited, is stepping up to make coverage more available, affordable, and tailored to real needs.”

Grace Meek, President of Accredited America, added: “We’re proud to join forces with Bamboo to launch E&S Signature. Our financial backing and program expertise, combined with Bamboo’s tech-enabled underwriting, will help meet critical demand and deliver reliable insurance where it’s most needed.”

California homeowners can start their quote by visiting bambooinsurance.com or by calling (833) 922-6266. Independent agents can learn more about offering the product by emailing bamboo@bambooinsurance.com.

Read the full press release here.

We are incredibly proud to share that Bamboo Insurance has been recognized as a 2025 Utah Top Workplace by The Salt Lake Tribune, an honor grounded entirely in anonymous feedback from our employees. This award reflects the real voices of our team – highlighting how Bamboo’s culture empowers, supports, and values every individual.

Being named a Top Workplace is more than an accolade – it’s a testament to the inclusive, collaborative environment our people shape every day. We extend heartfelt thanks to our team for sharing their experiences and helping us build a workplace that truly listens and evolves based on what matters most.

See the full list here.

We’re thrilled to announce that Bamboo Insurance has earned the 12th spot on the 2025 Utah Business Fast 50 list, recognizing us as one of the fastest-growing companies in the state!

The Fast 50 list, compiled annually by Utah Business, honors high-growth organizations based on both revenue growth and innovation. Landing a position among such a dynamic group of companies is a testament to our team’s relentless commitment to reimagining insurance with transparency, simplicity, and customer-first service.

As we continue to expand, we remain focused on building smart, tech-forward insurance solutions that empower individuals and families to feel confident about their coverage.

Check out the full list of companies here.

We’re proud to share that Bamboo Insurance has once again been named to the Inc. 5000 list of the fastest-growing private companies in America – for the third year in a row! This year, Bamboo Insurance ranked #455, a testament to our continued growth, innovation, and commitment to reshaping the insurance experience.

Since our founding, Bamboo has focused on making insurance simple, transparent, and customer-first. Earning a spot on the Inc. 5000 list three years running underscores our team’s hard work and the trust our customers and partners place in us every day.

Being recognized by Inc. isn’t just about numbers – it’s about momentum. It’s about building something that endures, adapts, and continues to bring value. Our consistent ranking reflects not only our business performance but also our unwavering mission to bring clarity and confidence to the homeowners we serve. This achievement wouldn’t be possible without our incredible team. From sales to underwriting, from customer service to claims – every department plays a vital role in our success. We’re also grateful for our partners who believe in our vision and help us bring it to life every day.

As we celebrate this exciting milestone, we’re also looking forward – to new markets, new products, and new opportunities to deliver on our mission to make insurance better. Our journey is just beginning, and we’re more motivated than ever to keep pushing boundaries.

To everyone who has been part of our story so far – thank you.

We’re excited to be among so many reputable companies – see the full list here.

View the full press release here.

We’re proud to announce that Bamboo Insurance has been recognized as a Top Workplace in the Financial Services Industry for 2025!

This national recognition, awarded by Energage, celebrates companies that prioritize a people-first culture, strong leadership, and an environment where employees feel valued and empowered. What makes this honor especially meaningful? It’s based entirely on employee feedback.

As we continue to grow and challenge the norms of traditional insurance, we remain committed to fostering a workplace that’s inclusive, supportive, and driven by purpose.

See the full list of Top Workplaces in the Financial Services Industry here.

Bamboo Insurance Enhances Customer Experience and Reduces Costs with ManageMy Digital Document Delivery Platform

Charlotte, NC, May 5, 2025 — Bamboo Insurance, a trailblazer in the insurance industry, is proud to announce its collaboration with ManageMy, a provider of digital insurance platforms, to transform document delivery processes and elevate customer satisfaction. 

Timely and efficient digital document delivery is paramount for insurance policyholders. As part of their ongoing commitment to enhance customer experience and significantly reduce operational costs, Bamboo Insurance has partnered with ManageMy to implement a state-of-the-art digital document delivery platform. 

With the ManageMy platform, Bamboo Insurance policyholders can now access their policy documents and communications through digital channels. Bamboo is committed to ensuring that their customers can instantly retrieve and review their insurance information from any device at their convenience. 

The importance of digital document delivery extends beyond convenience—it’s also a cost-saving measure for insurers. By enhancing digital delivery channels, Bamboo Insurance can eliminate the expenses associated with printing, postage, and manual processing of paper documents. This reduces overhead costs and aligns with Bamboo’s commitment to sustainability by minimizing paper usage and carbon footprint. 

“We’re thrilled to partner with ManageMy to enhance our document delivery processes and improve our overall customer experience,” said Matt Sigman, Chief Innovation & Information Officer of Bamboo Insurance. “By leveraging their innovative platform, we’re not only meeting the evolving needs of our policyholders but also driving significant cost savings for our organization.” 

“The partnership with Bamboo Insurance marks an exciting milestone for ManageMy as we continue to empower insurers with innovative digital solutions,” said Josh Hall, Head of P&C Sales for ManageMy. “Our platform is designed to enhance customer experiences and drive tangible cost savings for insurers. We’re thrilled to support Bamboo in their journey towards digital transformation.” 

ManageMy’s digital platform empowers insurers like Bamboo to streamline operations, reduce administrative burdens, and allocate resources more efficiently. With customizable solutions tailored to Bamboo’s specific needs, ManageMy enables Bamboo Insurance to optimize its document delivery processes while maintaining the highest security and compliance standards. 

Read the full press release here.

Better technology means better decision making, and investors rewarded Bamboo’s data-driven underwriting platform.

Check out Inc.’s original article here!

Source: Inc.com