Insurtech Bolttech Expands Its Footprint to South Korea With LG U+by Fintech News Singapore October 19, 2020
bolttech, an insurtech company that is a part of the Pacific Century Group, announced its expansion into South Korea through the launch of its partnership with LG U+, one of South Korea’s telecommunications carriers.
LG U+’s customers around the country can now benefit from bolttech’s protection for their mobile devices through the switch service ‘My Phone Switch’.
bolttech’s entry to South Korea represents its 13th market across 3 continents which includes Austria, Hong Kong, India, Indonesia, Italy, Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam, and the United States.
Rob Schimek, Group Chief Executive Officer at bolttech, said,
“South Korea is an important market for us, and we are thrilled to partner with LG U+, a household name and one of the largest carriers in South Korea with a huge customer base. Together we can bring cutting-edge device protection solutions to their tech-savvy customers.”
‘My Phone Switch’ enables customers to switch their mobile devices for whatever reason with no exclusions – be it screen cracks and dents, water damage, out-of-warranty repairs, or if they want to try a new device or colour – up to 2 times in 2 years.
According to their statement, customers can get their switched devices delivered in as fast as six hours within Seoul, and a next day delivery is available for customers in the other cities.
Youngkun Chang, General Manager of South Korea at bolttech, commented,
“We are proud to partner with LG U+ to bring innovative device protection to more people in the country and provide a digital customer experience that keeps people connected.”
Featured image: Edited from Unsplash