bolttech

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

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

• Embedded insurance platform
• Insurtech software solutions
• Insurance distribution engine
• Device protection programs
• Insurance API services

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. 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.
2. 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.
3. 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.
4. 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

Go-to-market motion4 records

Distribution channels9 records

Marketing channels9 records

Core 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

Named customers38 records

Segments7 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability11 records

Feature8 records

Partnerships

30 partnerships are on record, tiered flagship / tier-1, core and minor.

• INGflagship / tier-1Strategic or Co-development Partner · 10 June 2026ING 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.
• MastercardcoreStrategic or Co-development Partner · 31 May 2026Mastercard 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-1Strategic or Co-development Partner · 28 April 2026BYD 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.
• MehrwerkcoreStrategic or Co-development Partner · 27 April 2026Mehrwerk (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 SamsungcoreChannel Partner/ Reseller/ Distributor · 12 March 20263 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 SpaincoreChannel Partner/ Reseller/ Distributor · 5 March 2026Alquílalo 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)minorChannel Partner/ Reseller/ Distributor · 13 February 2026SB 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.minorStrategic or Co-development Partner · 30 January 2026Scout 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-1OEM/ Whitelabel/ Licensing Partner · 29 January 2026Samsung 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.
• SonycoreOEM/ Whitelabel/ Licensing Partner · 13 January 2026Sony 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)coreChannel Partner/ Reseller/ Distributor · 15 December 2025Orange 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 or Co-development Partner · 12 December 2025Strategic 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.
• mTekcoreStrategic or Co-development Partner · 3 December 2025Acquisition 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-1Strategic or Co-development Partner · 15 October 2025AXA 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 IndonesiacoreChannel Partner/ Reseller/ Distributor · 10 September 2025First mobility partnership for bolttech in Indonesia, offering embedded EV insurance solutions for BYD EVs combining innovation, accessibility, and safety.
• Globe (Philippines)coreChannel Partner/ Reseller/ Distributor · 2 September 2025Globe 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)coreGTM or Marketing Partner · 2 September 2025bolttech 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)coreChannel Partner/ Reseller/ Distributor · 29 August 2025bolttech 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 ResellercoreChannel Partner/ Reseller/ Distributor · 6 August 2025bolttech 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 SingaporecoreOEM/ Whitelabel/ Licensing Partner · 25 July 2025Partnership to launch the OMRON Premium Care plan — an innovative embedded health solution with QBE underwriting and bolttech's technology platform.
• AIS (Thailand) and SamsungcoreChannel Partner/ Reseller/ Distributor · 8 July 2025AIS, Samsung, and bolttech launched Southeast Asia's first integrated smartphone protection service.
• Arch InsurancecoreStrategic or Co-development Partner · 13 June 2025Bolt partners with Arch Insurance to expand the reach of an annual multi-trip insurance plan for travelers.
• Amazon Web Services (AWS)flagship / tier-1Technology or Integration · 29 May 2025bolttech 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-1Strategic or Co-development Partner · 11 May 2025Sumitomo 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 or Co-development Partner · 22 April 2025Strategic 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.
• SingtelcoreChannel Partner/ Reseller/ Distributor · 18 June 2024Singtel 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-1Channel Partner/ Reseller/ Distributor · 18 June 2024Stellantis Financial Services US launched an embedded insurance program with bolt for customers of Chrysler, Dodge, Jeep, Ram, Fiat, and Alfa Romeo.
• Allianz Partnersflagship / tier-1Strategic or Co-development Partner · 1 October 2023Allianz 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 AsiacoreChannel Partner/ Reseller/ Distributor · 5 October 2022bolttech 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)coreChannel Partner/ Reseller/ Distributor · 15 February 2022bolttech 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

Direct 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

• Facebookfacebook.com/bolttechdp.asia
• LinkedInlinkedin.com/company/bolttech

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries5 records

Funding overview

Funding rounds7 records

Investors19 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about bolttech