Belfry Announces Strategic Partnership with Willis and Kayna to Support Physical Security Providers
Rhea-AI Summary
Belfry partnered with Willis (WTW) and Kayna to launch a digital insurance program embedded in the Belfry platform on Feb 26, 2026. The portal uses Kayna technology to pre-fill forms with real-time payroll data so security providers can apply and receive no-obligation quotes directly from their Belfry dashboard.
The collaboration aims to speed quoting, reduce premium audit risk tied to outdated payroll estimates, and simplify insurance procurement for physical security operators.
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Market Reality Check
Peers on Argus
Pre-news, WTW was up 1.91% while peers showed mixed moves: AON and ERIE were positive, MMC was negative, and others were near flat. Momentum scanner flagged other names (BWIN, GSHD) with >5% gains, but WTW’s move does not appear part of a broad, synchronized sector rotation.
Previous Partnership Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Oct 07 | Insurance product partnership | Positive | +0.1% | Launch of Enhanced Victim Support insurance with Hostage International. |
| Sep 09 | Technology deployment deal | Positive | +0.2% | Global partnership with SOMPO to implement Radar pricing tech. |
| Sep 08 | Data partnership | Positive | +0.9% | Strategic partnership with Compa for compensation intelligence. |
| Jul 16 | Research collaboration | Positive | +1.1% | Wildfire risk partnership with University of East Anglia. |
| Apr 02 | Cyber risk partnership | Positive | +0.1% | Strategic cyber risk and insurance partnership with SecurityScorecard. |
Partnership and collaboration announcements for WTW have historically been followed by modestly positive 24h moves, generally under 1.1%, indicating steady but not dramatic market reactions.
Over the last year, WTW has repeatedly used partnerships to extend its capabilities in specialty insurance and data-driven solutions. Collaborations have ranged from Enhanced Victim Support coverage (Oct 7, 2025) to pricing technology with SOMPO and compensation intelligence with Compa. These events produced small positive 24h moves between 0.13% and 1.05%, suggesting investors typically view such strategic alliances as incremental positives rather than transformational catalysts.
Historical Comparison
In the past 12 months, WTW logged 5 partnership announcements with an average 24h move of 0.49%. The Belfry–Kayna alliance fits this pattern of incremental, strategically focused collaborations.
Recent partnerships show WTW extending into specialized risk areas and data-driven solutions, from cyber and wildfire analytics to pricing technology and victim support coverage, supporting a broader ecosystem strategy.
Market Pulse Summary
This announcement expands WTW’s tech-enabled distribution through a partnership with Belfry and Kayna, embedding a digital insurance portal directly into a security-operations platform. Historically, WTW’s partnership headlines have generated modestly positive 24h moves averaging 0.49%, suggesting markets view such deals as incremental value drivers. Investors may watch for future disclosures on volumes through the new portal, impacts on Risk & Broking growth, and how this integrates with the broader technology and analytics strategy outlined in recent filings.
Key Terms
underwriting financial
claims management financial
AI-generated analysis. Not financial advice.
Belfry has transformed how security businesses operate by consolidating critical functions, including scheduling, timekeeping, payroll, billing, and more, into a single, integrated solution.
Willis is one of the world's leading insurance brokers and will serve as the placing broker for the program.
Kayna, Willis' technology partner, enables the distribution of Willis' security services insurance to Belfry customers by integrating a seamless insurance portal directly within the Belfry platform. Willis will utilize Kayna's technology to leverage real-time data to pre-fill forms and support quoting, saving users time and simplifying the procurement process.
As a result of this collaboration, an insurance portal will be included in the Belfry dashboard where customers can easily apply and receive a no-obligation insurance quote.
"At Belfry, we're building an all-in-one platform designed around the day-to-day realities of running a security company," said Jordan Wallach, Co-Founder & CEO of Belfry. "One of those realities is how difficult managing business insurance has been. It often takes weeks to gather and format the right payroll data for applications and audits, companies face surprise year-end adjustments because premiums are based on outdated payroll estimates, and finding the right coverage for complex risks isn't easy. By partnering Belfry's industry-specific payroll solution with Willis and Kayna, we're excited to help address challenges that have historically been a real pain for owners."
Willis has a team of insurance experts dedicated to ensuring Belfry customers can purchase robust coverage.
"As part of our strategy to deliver tech-enabled insurance solutions, we're excited to partner with Belfry to embed coverage seamlessly into the security operator journey," stated Paul Lubbers, Head of US Affinity at Willis. "Together, we aim to accelerate quoting and minimize premium audit risk, both of which are critical pain points and areas for improvements in the security industry." The partners share a commitment to support the success of Belfry customers by making it easier than ever to secure the right insurance coverage with minimal hassle so physical security operators can focus on their job with confidence.
Paul Prendergast, Co-Founder & CEO of Kayna concluded, "Backed by decades of Willis experience and expertise in underwriting and claims management, Belfry is taking an industry lead on delivering data-driven insurance and market choice for their platform customers. This is a winning formula for a great partnership and one that I'm delighted to see powered by Kayna technology."
About Belfry
Belfry is an operating system built specifically for security guard services, helping security companies manage scheduling, field supervision, officer performance, compliance, communications, and back-office operations in one platform. Belfry works with security guard firms across
For more information about Belfry and its solutions, visit www.belfrysoftware.com.
About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success and provide perspective that moves you.
About Kayna
Kayna enables embedded insurance through vertical SaaS platforms. It provides the technology and data orchestration layer between carriers, brokers and any vertical SaaS platform to distribute insurance products that are directly relevant to platform customers.
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SOURCE Belfry
FAQ
What does the Belfry partnership with Willis (WTW) and Kayna mean for Belfry customers?
How will the Willis (WTW) and Kayna integration speed insurance quoting for security companies using Belfry?
Will Belfry customers receive no-obligation insurance quotes through the new Willis (WTW) program?
Does the partnership between Belfry and Willis (WTW) reduce premium audit risk for security operators?
Which companies are responsible for underwriting and distribution in the Belfry insurance program?
When was the Belfry, Willis (WTW), and Kayna partnership announced and which firms are involved?
