Global InsurTech firmbolttech(Singapore) has received $50 million fromLeapFrog Investments(London) as an extension of its Series B round. This infusion brings bolttech’s Series B round to a total of $246 million, building on an initial Series B investment of $196 million inMay 2023in a por...
(Image source: AVA Insurance Agency, via bolttech.) bolttechannounced that it has completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency (“AVA”), a Singapore-based insurance intermediary and specialist broker. The acquisition follows bolttech’s completion of its $247 million ...
Singapore-based insurance technology firm bolttech hasacquireda majority stake in Axle Asia for an undisclosed sum. Axle Asia is an Indonesian insurance broker, which will be rebranded subsequently and operate as a subsidiary of bolttech. Founded in 2008, the Jakarta-based insurance intermediary is ...
Currently, bolttech serves over two million emerging consumers, predominantly through its device insurance services. bolttech raises $196 million By Avi Ben-Hutta ·May 17, 2023 The funding round values bolttech at $1.6 billion. bolttech secures Series B investment ...
Bolttech is an international insurtech company focused on creating a technology-enabled ecosystem for protection and insurance within the financial sector. Use the CB Insights Platform to explore Bolttech's full profile.
“The scale and breadth of bolttech’s platform, coupled with its industry-leading tech and digital capabilities, and extensive insurance experience, uniquely positions it as a clear leader in the insurtech space. “We look forward to working with bolttech to take advantage of the commercial opport...
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Currently, Bolttech links over 700 distributors with over 189 insurance carriers, offering more than 5,000 products. In 2021, US$44 billion in premiums were quoted on Bolttech’s platform. (For comparison, Axa Insurance customers in Singapore paidUS$85 millionin new premiums in 2020.) ...
Technology Services– as it sounds. Insurance– bolttech has joined forces with FWD, its sister brand, to create “the next generation of insurance and protection products, making it easy to embed these products naturally into the customer journey.” ...
Kwan Yoon, General Partner, BRV Capital Management, said, "bolttech's leading technology-driveninsurance exchange and distribution network presents a very compelling opportunity to be a part of a future of insurance that will benefit customers and partners alike. We are excited to partner with boltt...