bolttech
- Company typePrivate
- Founded2020
- HeadquartersSingapore, Singapore
- Headcount1,001–5,000
- GTM typeB2B
- OfferingSoftware
bolttech firmographics
Firmographics- Name
- bolttech
- Legal name
- Bolttech Holdings Ltd.
- Website
- https://bolttech.io
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
bolttech industry classification
Industry- Product category
- Embedded Insurance Technology Platform
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Payroll, Contractor Payments & SME HR Finance (FSAGAJAI)
- akta.pro secondary industry
- Billing, Payments & Premium Finance Platforms (FSAGAGAI)
Keywords
Where bolttech is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices5 records
Markets served
bolttech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Embedded Insurance Commissions (Take Rate on Quoted Premiums): bolttech earns commissions on approximately $60 billion in annualized premiums flowing through its platform, consistent with the industry-typical 5–15% commission structure on embedded insurance products. Quoted premiums of US$85bn+ annually flow through the platform.
- B2B2C Platform-as-a-Service / Technology Licensing: Recurring platform revenue from enterprise clients (insurers, financial institutions, telcos, retailers) using bolttech's distribution engine, sales portals (agency, partner, consumer), servicing, and policy administration modules. Clients access 220+ microservices and 7,000+ products on platform.
- Professional Services & Insurance Entity Setup: Advisory, implementation, product manufacturing, insurer advisory, and insurance entity setup services to help partners build and launch new products and MGA/agency entities.
- Recurring Premium / ARR Revenue: bolttech reported $320 million in annual recurring revenue in 2025, reflecting consistent growth since its 2020 launch and serving as the primary recurring revenue base across insurance exchange and platform activities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Quote-based enterprise pricing for platform, sales, servicing, and custom solutions modules |
Go-to-market motion4 records
Distribution channels9 records
Marketing channels9 records
bolttech product offering
Product offeringCore offering
bolttech operates a cloud-based B2B2C insurance exchange platform that enables insurers, telcos, banks, retailers and device/mobility OEMs to embed protection and insurance products directly into their own customer journeys. The platform combines a 220+ microservices distribution engine, a single quote-bind-pay API, a no-code product configurator, dynamic multi-carrier quoting, and AI-driven servicing, supporting US$85bn+ in annualized quoted premiums across 39 markets on four continents.
Differentiator
Problem solved
Functional benefit
Products and services
- bolttech Distribution Engine
Quantifiable outcome
- 75%+ increased revenue and 135% conversion increase for a financial services organization after switching to bolttech's platform
- +4 more outcomes
Companies that use bolttech
Customer profileNamed customers38 records
Segments7 records
Ideal customer profiles2 records
bolttech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability11 records
Feature8 records
bolttech partnerships and signals
Strategic signalPartnerships
30 partnerships are on record, tiered flagship / tier-1, core and minor.
- INGflagship / tier-1ING selected bolttech as a strategic partner to expand embedded insurance and protection solutions across multiple European markets. The partnership is live in the Netherlands, Italy, Poland, and Belgium, with plans to expand further. The collaboration aligns with ING's new global subscriptions model aimed at scaling embedded insurance across its European footprint.
- MastercardcoreMastercard announced a strategic collaboration with mTek (now a bolttech company) to introduce embedded insurance solutions across East Africa. bolttech also regularly collaborates with Mastercard at events such as the Mastercard InsurTech Investor Forum.
- BYDflagship / tier-1BYD appointed bolttech as its preferred strategic partner for embedded insurance across primary European markets. The partnership has launched in the United Kingdom and will expand to Italy, France, Germany, and Spain, providing an AI-enabled platform for BYD customers to access tailored motor insurance packages through a curated set of insurers.
- MehrwerkcoreMehrwerk (a cashback and lifestyle protection services provider) and bolttech formed a strategic partnership to expand embedded insurance and value-added services across Germany and international markets. Combines Mehrwerk's network of over 17 million households and 6 million active users annually with bolttech's embedded insurance technology platform.
- 3 Sweden (Tre Sweden) and Samsungcore3 Sweden became the first operator in the Nordic region to offer official Samsung Care Services through a partnership with Samsung and bolttech. The aftercare service is included when customers insure their Samsung Galaxy devices through 3 Sweden's insurance service 3Trygg.
- MediaMarkt SpaincoreAlquílalo España — electronics rental program offering premium devices through flexible 12 to 48-month plans with bundled damage protection; launched in 11 pilot stores on March 5, 2026 with plans to expand across all MediaMarkt Spain locations by the end of 2026.
- SB Finance and MAAGAP Insurance (Philippines)minorSB Finance partnered with bolttech and MAAGAP Insurance to offer a loss-of-employment protection feature bundled with motorcycle loans in the Philippines. The program includes cover for involuntary job loss, accidental death, disablement, and hospital benefits.
- Scout Security and Roo Inc.minorScout Security has entered into a new partnership with Bolt Insurtech to develop integrated smart home security and insurance offerings, following its merger with Roo Inc.
- Samsungflagship / tier-1Samsung Care+ device protection plans enhanced across 17 European markets, with bolttech Insurance Services bringing the service and AmTrust Specialty Limited underwriting. Unlimited accidental damage repairs, coverage extended to 5 years, 24/7 customer support, and 175 new walk-in repair locations.
- SonycoreSony partnered with bolttech to launch My Sony Care+, an embedded protection program offering extended coverage and accidental damage protection for Sony devices, starting in Hong Kong in mid-December 2025. The program will expand to more Sony products by 2026.
- Orange Poland (Telco partner)coreOrange Poland launched "Insure with Orange", a digital insurance comparison platform developed in partnership with bolttech, the first insurance comparison service offered by a telecom operator in Poland. Enables Orange customers to compare and purchase motor and home insurance policies from multiple insurers online.
- Kyobo Lifeplanet Life InsurancecoreStrategic partnership to collaborate on digital insurance distribution solutions in South Korea, integrating Kyobo Lifeplanet's Laplay loyalty and Barun Plan mobile coverage analysis services with bolttech's global embedded protection platform. Expands Kyobo's digital insurance technology to global markets and enables bolttech to expand from non-life to life insurance products.
- mTekcoreAcquisition of mTek, a digital insurance platform based in Kenya, to expand bolttech's presence in East Africa and enhance its global embedded insurance capabilities. mTek's leadership remains in place under CEO Bente Krogmann; mTek serves 350,000+ customers and works with 45+ insurers.
- AXA Partnersflagship / tier-1AXA Partners and bolttech signed a long-term partnership to expand embedded insurance and assistance services across Europe, the UK, and Switzerland. Combines AXA Partners' B2B2C insurance offerings with bolttech's technology platforms to create new revenue streams and provide tailored insurance solutions in everyday transactions.
- Harmony Auto IndonesiacoreFirst mobility partnership for bolttech in Indonesia, offering embedded EV insurance solutions for BYD EVs combining innovation, accessibility, and safety.
- Globe (Philippines)coreGlobe customers can enjoy yearly smartphone upgrades with no preterm fees through the Flagship Forever device upgrade programme, the first such programme in the Philippines, in partnership with bolttech.
- GSMA (Mobile World Live)corebolttech partnered with GSMA's Mobile World Live to publish a whitepaper guiding mobile network operators on expanding into embedded insurance as a new revenue opportunity. Outlines how telcos can leverage customer reach to move beyond device protection into lifestyle and digital insurance categories.
- LOOP (NCBA Bank)corebolttech entered the Kenyan insurance market through a partnership with LOOP, the digital banking service from NCBA Bank. The partnership launched LOOP Flex Device Financing, combining Buy Now Pay Later installments with embedded device protection (theft, accidental damage, breakdowns).
- iBox (Erajaya Digital) — Apple Premium Resellercorebolttech partnered with iBox, an Apple Premium Reseller under Erajaya Digital, to launch TecProtec with AppleCare Services across Indonesia. The plan offers iPhone buyers certified repairs using original Apple components, up to two device replacements over 24 months, and unlimited accidental damage repairs.
- OMRON Healthcare SingaporecorePartnership to launch the OMRON Premium Care plan — an innovative embedded health solution with QBE underwriting and bolttech's technology platform.
- AIS (Thailand) and SamsungcoreAIS, Samsung, and bolttech launched Southeast Asia's first integrated smartphone protection service.
- Arch InsurancecoreBolt partners with Arch Insurance to expand the reach of an annual multi-trip insurance plan for travelers.
- Amazon Web Services (AWS)flagship / tier-1bolttech is implementing AWS generative AI solutions to build its Gen AI platform "bolttech Gen AI Factory" using Amazon Bedrock, with operations spanning 37 markets on four continents. The solution integrates advanced speech-to-speech capabilities into bolttech's chatbots (initially piloted in Korean), automates routine tasks like basic claims processing, and uses Amazon Q Developer to reduce time spent updating code documentation files by over 50%.
- Sumitomo Corporationflagship / tier-1Sumitomo Corporation made a strategic investment in bolttech and formed a strategic partnership to launch a joint venture for device protection in Asia. The two companies will deliver embedded insurance programs across Asian markets together, and Iberis Capital also joined as a strategic investor.
- MoneyHerocoreStrategic partnership to offer an end-to-end car insurance purchase journey in Hong Kong. Also the subject of an ongoing potential acquisition by bolttech (Richard Li-backed), as reported in February 2026.
- SingtelcoreSingtel Extended Warranty for lifestyle gadgets — customers can extend protection for their lifestyle gadgets for up to three years after the manufacturer's warranty expires.
- Stellantis Financial Services USflagship / tier-1Stellantis Financial Services US launched an embedded insurance program with bolt for customers of Chrysler, Dodge, Jeep, Ram, Fiat, and Alfa Romeo.
- Allianz Partnersflagship / tier-1Allianz Partners partnered with Bolttech Management Limited in October 2023 to enable retailers and telecom providers to integrate insurance products, targeting low non-life insurance penetration in Asia and the extended warranties market.
- PT Axle Asiacorebolttech acquired a majority stake in PT Axle Asia, an insurance broker based in Jakarta, Indonesia, to enhance its insurance exchange capabilities and expand its presence in the Indonesian market.
- AVA Insurance Brokers and AVA Insurance Agency (Singapore)corebolttech completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency in Singapore to expand its insurance exchange and support its international growth strategy. AVA continues to operate under its existing team and branding.
Scale indicators13 records
Recent moves9 records
Expansion highlights6 records
bolttech competitors and assessment
Company assessmentDirect peers
- Cover Genius: Sydney-based embedded insurance platform that powers protection products for digital businesses via API. Closely comparable to bolttech on the embedded insurance B2B2C model, single API integration approach, and global cross-border distribution focus.
- wefox: European B2B2C insurtech offering a digital distribution platform for insurance brokers and partners. Comparable to bolttech in targeting intermediaries and embedded insurance use cases across Europe, though with a stronger consumer-brand orientation.
- Earnix: Provider of AI-driven pricing, underwriting, and personalization software for insurers and banks. Comparable as a horizontal insurtech infrastructure layer that bolttech's Distribution Engine and Gen AI Factory compete with for carrier-side AI spend.
Emerging players
- Cytora: AI-powered risk digitisation platform for commercial insurers, automating underwriting workflows. Comparable to bolttech in applying AI/ML to insurance workflows, but focused on commercial lines rather than consumer embedded insurance.
- Lemonade: Public AI-native consumer insurtech offering renters, home, auto, pet, and life insurance. Comparable as a vertically integrated insurtech using AI for claims and underwriting, though D2C rather than bolttech's B2B2C embedded model.
- Active.ai: Conversational AI platform for banks, insurers, and fintechs across Asia-Pacific. Comparable to bolttech's Gen AI Factory roadmap in applying AI-driven customer servicing to insurance distribution, though focused on AI rather than full embedded insurance rails.
Broad incumbents
- FINEOS: Listed provider of core insurance software for life, accident, and health insurers. Comparable as a horizontal insurance platform vendor that competes with bolttech's policy admin and Distribution Engine modules for carrier IT spend.
- Duck Creek Technologies: Major insurance core SaaS provider serving P&C insurers with policy, billing, and claims software. Comparable as a competing platform vendor that incumbent carriers may choose over bolttech for broader core modernization.
- Majesco: Cloud-native insurance core, distribution, and analytics software provider. Comparable as a competing end-to-end insurance platform that insurers and MGAs may select instead of bolttech's modular Distribution Engine.
- iPipeline: Provider of digital insurance distribution, quoting, and e-application solutions for life and annuity insurers. Comparable to bolttech in offering agency-facing distribution and quoting workflows, though deeper in life/annuity.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
bolttech social profiles
Digital presencebolttech financial estimates
Financial estimateRevenue estimate
Valuation estimate
bolttech leadership team
Management profileNumber of profiles
Profiles12 records
bolttech subsidiaries and ownership
Company hierarchySubsidiaries5 records
bolttech funding detail
Funding detailFunding overview
Funding rounds7 records
Investors19 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
bolttech M&A and investment
M&A and investmentM&A6 records
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about bolttech
What does bolttech do?
bolttech operates a cloud-based B2B2C insurance exchange platform that enables insurers, telcos, banks, retailers and device/mobility OEMs to embed protection and insurance products directly into their own customer journeys. The platform combines a 220+ microservices distribution engine, a single quote-bind-pay API, a no-code product configurator, dynamic multi-carrier quoting, and AI-driven servicing, supporting US$85bn+ in annualized quoted premiums across 39 markets on four continents.
Is bolttech a public or private company?
bolttech is a private company. It is classified as venture growth investor backed and is currently operating.
When was bolttech founded?
bolttech was founded in 2020. It employs 1,001 to 5,000 people.
Where is bolttech based?
bolttech is headquartered in Singapore, Singapore, in the Asia region.
How does bolttech make money?
Four revenue lines are on record. Embedded Insurance Commissions (Take Rate on Quoted Premiums) is the primary driver. The others are B2B2C Platform-as-a-Service / Technology Licensing, professional Services & Insurance Entity Setup and recurring Premium / ARR Revenue.
Who are bolttech's main competitors?
Direct peers on record are Cover Genius, wefox and Earnix. Emerging players are Cytora, Lemonade and Active.ai. Broad incumbents are FINEOS, Duck Creek Technologies, Majesco and iPipeline.
Does bolttech have an API?
Yes. Quote, bind, and pay API enabling partners to integrate embedded insurance into their customer journeys. Partners can offer product protection and insurance products through a single integration, allowing consumers to quote, bind, and pay for coverage at the point of sale. Developer documentation is at bolttech.io/sales/embedded-insurance-api.
What industry is bolttech in?
bolttech's product category is Embedded Insurance Technology Platform. Its primary akta.pro industry code is FSAGAJAI, Payroll, Contractor Payments & SME HR Finance, with a secondary code of FSAGAGAI, Billing, Payments & Premium Finance Platforms. Its SIC code is 6411.