Reinsurance News
bolttech
AXA Partners and bolttech partner to launch embedded insurance solutions across Europe
15th October 2025
AXA Partners, a subsidiary of AXA Group, has partnered with bolttech, a global insurtech, to launch embedded insurance and assistance solutions across the European Union, UK and Switzerland. This new long term strategic partnership brings together AXA Partners’ innovative B2B2C insurance and assistance services - encompassing Motor, Home, Travel, Health, Credit ... Read the full article
bolttech closes $147m Series C funding round with two new strategic investors
5th June 2025
Global insurtech bolttech has announced the addition of strategic investors Sumitomo Corporation and Iberis Capital as it successfully closes its Series C funding round, with total investments of $147 million, reflecting a company valuation of $2.1 billion. Sumitomo Corporation is one of Japan’s largest trading houses, while Iberis Capital is a ... Read the full article
bolttech’s expansion continues with Series C funding led by Dragon Fund
20th December 2024
Global insurtech bolttech has revealed a new $100 million Series C funding round, led by Dragon Fund, alongside Baillie Gifford and Generali. According to bolttech, the strategic support of these investors will empower the company to enhance its platform's capabilities, expand its global market presence, and accelerate its mission to make ... Read the full article
PT Axle Asia rebrands as bolttech
2nd May 2024
PT Axle Asia, an Indonesian insurance broker, has been renamed PT Bolttech Insurance Broker. The rebrand follows the completion of bolttech's acquisition of the majority shareholding in Axle Asia in late 2022. The Financial Services Authority, Otoritas Jasa Keuangan (OJK) has approved this rebrand, which is in line with its goal ... Read the full article
bolttech expands into Middle East through partnership with stc Group
15th March 2024
bolttech, an international insurtech firm, recently announced its expansion into the Middle East through a new partnership with stc Group, a telecommunications company in the region. Rob Schimek, Group Chief Executive Officer at bolttech, expresses his enthusiasm for this strategic collaboration: “stc Group is an ambitious digital leader, always striving to ... Read the full article
bolttech acquires Poland-based Digital Care
20th October 2023
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 ... Read the full article
Allianz Partners & bolttech to offer embedded insurance solutions in APAC & US
12th October 2023
Allianz Partners and bolttech, an international insurtech, have announced a partnership that will see the two companies provide embedded device and appliance protection insurance across Asia Pacific (APAC) and the United States. This strategic agreement aims to bring together each firm's strengths to offer best-in-class solutions enabling business partners to add ... Read the full article
LeapFrog investment extends bolttech’s Series B to $246m
21st September 2023
International insurtech bolttech has welcomed LeapFrog Investments as a new strategic investor in an extension of its Series B round, which now totals $246 million, "the largest ever Series B round for an insurtech." bolttech suggested that it will use the proceeds from LeapFrog's $50 million commitment to support its ... Read the full article
Insurtech bolttech valued at $1.6 bn after raising $196m in Series B round
17th May 2023
International insurtech bolttech is now valued at $1.6 billion after raising $196 million in its Series B round, led by Japanese insurer Tokio Marine. Other key investors included MetLife Next Gen Ventures, a MetLife subsidiary, and Malaysia’s sovereign wealth fund Khazanah Nasional, as well as new and existing shareholders. The proceeds of ... Read the full article
bolttech names Jens Schädler new CEO for Europe
6th January 2023
International insurtech bolttech has announced the appointment of Dr. Jens Schädler as Chief Executive Officer (CEO), Europe. He will be succeeding Andrew Cons, whose time at the company has come to an end after four years. Based in Switzerland, Dr. Schädler will provide strategic leadership across bolttech’s Europe operations, driving new and ... Read the full article
bolttech completes Series B round of fundraising
18th October 2022
Singapore-based insurtech firm bolttech has completed Series B investment. The firm said in a statement that the round was led by Tokio Marine and other shareholders, and now values bolttech at an up-round valuation of approximately $1.5bn. This comes a year after the firm closed its Series A funding round after raising ... Read the full article
bolttech expands in Indonesia with Axle Asia acquisition
7th October 2022
Singapore-based international insurtech, bolttech, has announced it has completed the acquisition of a majority shareholding in PT Axle Asia, an established insurance broker in Indonesia. Founded in 2008, Axle Asia is a Jakarta-based insurance broker serving a diverse range of clients across corporate lines and employee benefit insurance. Bolttech suggests the addition ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
