Key Performance
More- Earnings Score: N/A
- Momentum Score: N/A
- True Yield: N/A
- Financial Health Score: N/A
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Latest Research & News
Octave holds Investor Day ahead of planned spin-off: Hexagon
Octave, an enterprise software company with $1.6 billion in revenue and $1.1 billion in ARR, held an Investor Day ahead of its planned spin-off from Hexagon. The spin-off is expected to be completed by May 22, 2026, with trading on Nasdaq Stockholm and Nasdaq Stock Market beginning May 25-28, 2026. Octave outlined growth strategies targeting 6-8% ARR growth in 2026 and 10%+ mid-term, with a $28 billion serviceable addressable market expected to grow to over $40 billion by 2029.
03/26/2026, 8:24 AM • Benzinga
Hexagon AB announced the unveiling of Octave, a new software brand resulting from a planned spin-off that combines Asset Lifecycle Intelligence, Safety, Infrastructure & Geospatial divisions, and Bricsys, ETQ, and Projectmates operations. Octave aims to help public and industrial sectors leverage data intelligence and AI-integrated applications across asset lifecycle management—from design and construction to operations and protection—to address complexity and uncertainty in critical infrastructure.
03/02/2026, 9:00 AM • GlobeNewswire
Ambac Financial Group to Acquire Leading Supplemental Health Program Manager ArmadaCare
Ambac Financial Group announced its acquisition of ArmadaCare, a supplemental health insurance program manager, for $250 million. The strategic move aims to diversify Ambac's distribution business and strengthen its specialty insurance platform.
09/29/2025, 5:05 PM • Benzinga
Peers
Statistics
MoreInformation as of 10/21/2026
Company Profile
Octave Specialty Group, Inc., an insurance holding company, primarily engages in the specialty property and casualty insurance business in the United States and the United Kingdom. It operates in two segments, Specialty Property and Casualty Insurance; and Insurance Distribution. The Specialty Property and Casualty Insurance segment provides specialty property and casualty program insurance with a focus on commercial and personal liability risks. The Insurance Distribution segment offers property, niche specialty risk, accident and health, miscellaneous specialty, reinsurance, surety, marine and energy, specialty auto, excess and surplus lines commercial package, professional lines, and directors' and officers' insurance. The company was formerly known as Ambac Financial Group, Inc. and changed its name to Octave Specialty Group, Inc. in November 2025. The company was incorporated in 1991 and is headquartered in New York, New York.