2025 was a year of quiet: resilience,  transformation and momentum for Beloy. What began as ambitious goals unfolded into breakthrough achievements - expanding our reach, strengthening our foundation, and deepening our commitment to building embedded insurance that unlocks both growth and trust for our partners and their users. This year proved two key things in face of adversity - One, when vision meets grit, the impact follows. Two, compounding growth from incremental measures taken towards medium term objectives is never lost, the impact follows. 

Summing up everything we achieved this year is no small task - the list is long, and each milestone carries its own story. But I’ll try. And before I do, I want to say this: none of what follows would have been possible without the remarkable team I’m privileged to work alongside every day. These achievements are the collective result of the passion, resilience, and brilliance of the people who make Beloy what it is.

A Breakout Year for Growth 
2025 marked one of our strongest years of growth yet - driven by expanding partnerships, innovative product launches, and sustained demand for embedded insurance solutions that turn risk into revenue. 

Our business trajectory this year reflects not only market validation but the trust our clients place in Beloy’s vision and expertise. Importantly, it points to validation for Beloy and its peer group, to make embedded insurance financially sustainable and easier to deploy for consumer brands regionally and globally.

Reinforcing Security and Trust
This year we fortified our foundation with the attainment of SOC 2 Type II certification - a major milestone that underscores our commitment to the highest standards of security and operational excellence.

“Achieving SOC 2 is more than a badge - it reflects our long-term commitment to security, transparency, and operational excellence, especially for enterprise partners,” as our CTO Anjan - whose leadership has been instrumental in this achievement - expressed when we earned the certification. He highlighted how this effort wasn’t just about meeting a checklist, but about embedding security into everything we do and ensuring our clients can trust us with their most sensitive data. 

In a world where trust is paramount, SOC 2 certification gives our clients and partners greater confidence in how we protect their data and operate with integrity - and it strengthens the foundation on which we will continue to build.

A Bold New Chapter Begins
Perhaps the most symbolic milestone of 2025 was our evolution from Indeez to Beloy - a name rooted in purpose and a brand that reflects who we are becoming.

Beloy - inspired by ‘bel’ (beautiful, good) and ‘loi’ (principle) - captures both our heritage and our North Star: insurance not merely as a product, but as a principle for good. 

On a personal note, the choice of “Beloy” name means a lot to me  - perhaps  second after  the name of my daughter. Beloy embodies for me, not just what we do, but why we do it, and the kind of company we aspire to build.

This rebrand signals our commitment to reimagining embedded insurance with resilience , integrity, and impact at its core.

Our People, The Heart of Beloy
Our team continued to grow in strength and diversity - welcoming new talent, celebrating well-deserved promotions, and cultivating a culture where ideas thrive and every individual contributes to our shared success.

From strategic hires to leadership milestones, each person’s journey has helped shape the character of our company and fuel our ambitions. We remain deeply committed to fostering an environment where creativity, courage, and collaboration propel us forward.

Empowering Partners to Grow
At Beloy, helping our clients grow their business is at the core of what we do. In 2025, we partnered with organizations across sectors to embed insurance that enhances revenue, builds loyalty, and elevates user experience. Together, we brought protection to millions of end users worldwide, driving measurable value and enabling clients to stand out in their markets. 

Our client success stories are the true testament to the impact of Beloy’s platform and partnership approach.

Onward - The Next Chapter
As we look to 2026, our purpose is stronger than ever. We will continue to innovate, expand our global footprint, and deliver embedded solutions that help brands and their customers thrive.

Our focus next year is clear: deepening client impact within our focus segments and expanding to new geographies, accelerating product innovation, and further enabling our platform with data and AI. I’m especially excited about a new approach to embedding insurance that our teams have been building since mid-2025—work that has the potential to redefine how protection is integrated, managed, and scaled. This is more than an incremental improvement; it’s a meaningful step forward for our clients and a milestone for Beloy.

The journey ahead is full of promise, and together we’ll turn ambition into impact. Thank you to our clients, partners, investors, and the entire Beloy team for your trust and belief. Here’s to a remarkable 2026.

Vikas