Tag "bolttech"

bolttech Extends Series B with US$50M from LeapFrog Investments

Insurtech company bolttech announced that it has raised US$50 million from LeapFrog Investments, an impact investment firm. This investment is an extension of bolttech’s Series B funding round, which now totals US$246 million. bolttech said that it will use the

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Thai Insurtech Roojai Acquires FWD General Insurance From bolttech

Thailand insurtech startup Roojai has agreed to acquire FWD General Insurance’s local business from bolttech to boost its market share in the country. Details of the transaction was not disclosed. Through this acquisition, Roojai will have a combined portfolio of

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Insurtech Powerhouses: Meet ASEAN’s Top 10 Funded Companies

The global insurtech market is rapidly changing as startups and new technologies revolutionise the traditional insurance industry. The ASEAN region is a fertile ground for insurtech companies, driving advancements and reshaping insurance delivery. Projections suggest the global insurtech market will

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bolttech Now Valued at US$1.6 Billion With US$196 Million Series B

Singapore-based insurtech firm bolttech has raised US$196 million during its Series B fundraise led by Japan’s Tokio Marine with a valuation of US$1.6 billion. The firm had shared the announcement back in October 2022 that Tokio Marine will be leading

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Thailand’s AIS Ties up With bolttech to Allow Its Customers to Replace Their Devices

Singapore-based insurtech firm bolttech has partnered with Thailand’s mobile network operator AIS to deliver embedded protection services for the recently-launched AIS Care+ programme. The AIS Care+ programme allows customers to switch or replace their smartphones and tablets flexibly for any

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Meet the 65 Finalists at the SFF Global Fintech Awards 2022

The SFF Global Fintech Awards 2022, presented by Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) and supported by PwC Singapore, is themed “Embracing Digital, Charting the New Normal”. 223 submissions were received across nine award categories,

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bolttech Now Valued at US$1.5 Billion With Series B Led by Tokio Marine

Singapore-based insurtech firm bolttech announced that Japanese multinational insurance holding company Tokio Marine, alongside other shareholders, will lead its Series B funding round. The sum was not disclosed. According to bolttech, this financing round will push its valuation to approximately

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bolttech Completes Acquisition of Indonesian Insurance Broker Axle Asia

Singapore-based insurtech firm bolttech announced it has completed the acquisition of a majority shareholding in Axle Asia, an established insurance broker in Indonesia. Axle Asia will become a subsidiary of bolttech and be subsequently rebranded. Srinath Narasimhan, General Manager for

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bolttech Partners With AWS to Bolster Its Customer Support Platform

Singapore-based insurtech firm bolttech has built a new customer support platform on Amazon Web Services (AWS) to enhance its offerings for more than eight million customers in 30 markets globally. As part of its digital transformation, bolttech is migrating the

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bolttech Expands Its Vietnam Footprint With Viettel Telecom Partnership

Insurtech unicorn bolttech announced that it has partnered with Vietnam’s telecommunications network operator Viettel Telecom. The partnership launched insurance offerings, powered by bolttech’s insurance exchange platform, on Viettel’s customer app MyViettel. The offerings include health, travel, home, car, and motorbike

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