Insurtech bolttech has acquired Digital Care, an embedded protection company based out of Poland.
As per bolttech, the acquisition is a major step towards achieving its strategic goals in the EMEA region and globally, while also accelerating growth, particularly within the telecommunications industry.
The insurtech noted that Digital Care has a strong reputation for innovation and customer service, adding that “their products and partner ecosystem are a perfect complement.”
The firm continued, “By bringing on board Digital Care, bolttech will enter four new markets in EMEA – Poland, Croatia, Lithuania, and South Africa.
“Together, bolttech and Digital Care will reinforce a leading embedded protection position globally, building out new servicing, digital, and sustainability capabilities. The companies’ combined strengths will create significant value and new opportunities for customers, partners, employees, and shareholders.”
Rob Schimek, Group Chief Executive Officer, bolttech, commented, “We are excited to welcome Digital Care to the bolttech family. Digital Care’s strong track record of innovation and customer service, combined with their deep expertise in the embedded protection space, makes them an ideal partner for us as we accelerate our growth in EMEA and globally.
“Together, we will be well-positioned to deliver innovative insurtech solutions to a wider range of partners and customers, and help more people access the protection they need.”
Aleksander Wistuba, Chief Executive Officer, Digital Care, said, “At Digital Care, we are delighted to join the bolttech family.
“We believe that this is a significant growth opportunity for our company and that we can play an important role in supporting bolttech’s mission to build the world’s leading, technology-enabled ecosystem for protection and insurance.
“I would like to express my gratitude to our dedicated team for their efforts in making this milestone possible.”
