bolttech News

Insurtech bolttech Partners with Saudi Telecom Group to Provide Embedded Insurance

Singapore-based insurtech bolttech announced its expansion into the Middle East with the launch of its partnership with telecommunications company stc Group. bolttech’s collaboration with Riyadh, Saudi Arabia-headquartered stc will provide stc’s customers with embedded device protection offerings through a technology-enabled …

People Moves: BHSI Promotes 3 in UK Exec & Professional Lines Team; Chubb Global Markets Taps AIG’s Collins as Head of Airline; bolttech Names Schädler CEO, Europe

This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance, Chubb Global Markets and the insurtech bolttech. A summary of these new hires follows here. BHSI Promotes 3 Senior Leaders for UK Executive & Professional Lines Berkshire …

Winners of Innovation in Insurance Awards Excel in Customer Focus, AI, Sustainability

The winners of the seventh annual Innovation in Insurance Awards excelled in customer focus, creative applications of artificial intelligence (AI) and automation as well as sustainability, according to the awards’ sponsors, Efma and Accenture. The global awards program, which recognizes …

Insurtech bolttech Buys Singapore-Based Specialist Broker AVA Insurance

bolttech has completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency, a Singapore-based specialist broker and insurance intermediary. The acquisition follows bolttech’s completion of its US$247 million Series A funding round last year. The acquisition of AVA will …

Insurtech Unicorn Bolttech Weighs Raising $300M in Fresh Funds

Bolttech, an insurance technology unicorn backed by Hong Kong billionaire Richard Li, is considering raising $200 million to $300 million in fresh funds this year, according to people familiar with the matter. The Singapore-based company is working with financial advisers …

People Moves: Marsh’s Bauer to bolttec; Chubb’s Bryant to Resilience; Hartford’s Cromly to Insureon; Disney’s Singer to Acrisure

Marsh’s Bauer Moves to bolttech to Head MGA Effort Rob Bauer has joined bolttech’s executive leadership team as group chief managing general agent (MGA) officer, the insurtech announced. Based in the U.S., Bauer ill lead bolttech’s MGA strategy and capability …

Insurtech bolttech Extends Funding Round to $210M, Adding 2 New Investors

Insurtech startup bolttech announced the extension of its recently announced US$180 million Series A funding round led by Activant Capital Group, bringing the series total to US$210 million. The funding round adds two new strategic investors: Singapore-based global investor EDBI …

Large Insurers Embrace Digital Exchanges, Selling Their Own and Other Policies

Major U.S. insurers are joining new digital exchanges to sell not only their own policies but also those of rivals, a fresh twist in an industry known for fierce competition. The powerful new platforms, including Semsee, bolttech, Bold Penguin and …

Insurtech bolttech Acquires i-surance to Help Accelerate Expansion Across Europe

Insurtech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Berlin. Financial details of the deal were not disclosed. The transaction is part of bolttech’s international expansion strategy and follows its recent Series A …

Insurtech Startup bolttech Raises $180 Million, Valuing Firm at More Than $1B

Insurance tech startup bolttech on Thursday said it raised $180 million in a funding round, led by private investment firm Activant Capital Group, that valued it at more than $1 billion. The New York and Singapore-based company’s online platform serves …