Bolt

What Bolt does

Bolt (operating the bolttech platform) is a global embedded insurance technology company headquartered in Singapore, founded in 2000 (with the modern bolttech platform representing a more recent build-out). It operates a B2B2C insurance distribution platform that enables carriers, agencies, and non-insurance businesses (mobile network operators, retailers, OEMs, banks, real estate platforms, and mobility companies) to embed quote, bind, and pay functionality into their existing customer journeys via a single API. The core Distribution Engine combines an Insurer Library, no-code product configurator, dynamic underwriting questionnaire, data marketplace, and customizable UI design system, supported by 220+ microservices and complemented by an Embedded Insurance API, Agency Portal, Consumer Portal, Partner Portal, Servicing and Claims Portal, Policy Administration, and Global Contact Centers.

The platform processes US$85bn+ in quoted premiums annually across 39 markets and four continents, with 700+ distribution partners and 7,000+ insurance and protection products spanning mobile devices, consumer electronics, health tech, home, mobility (including EV), travel, cyber, and customized programs. Distinctive capabilities include proprietary IoT-based water damage prevention technology (deployed with Scout Security) and vertically-integrated product launches such as VTRO homeowners in California. Revenue is generated through a mix of marketplace commissions on distributed premiums, recurring platform/SaaS fees for API and portal access, and professional services for product manufacturing, insurer advisory, entity setup, and integrations. Pricing is not publicly disclosed and is engaged on a quote basis with enterprise and distribution partners.

The go-to-market combines API-first embedded distribution, channel partnerships with MNOs and OEMs, and enterprise field sales targeting insurers and large distribution partners. The company has accumulated extensive industry recognition, including CB Insights Insurtech, CNBC World's Top Insurtech, Bloomberg Businessweek Insurtech Company of the Year 2025, and Insurance Asia Insurtech of the Year in both 2023 and 2024. Recent strategic activity (2025) has emphasized geographic expansion into Kenya and Indonesia, deeper U.S. specialty lines (RV insurance, California homeowners), flagship device and mobility partnerships (Globe, Harmony Auto), and AI tooling for agencies.

Name

Bolt

Website

https://boltinsurance.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Bolt (bolttech) is a global B2B2C embedded insurance platform that enables insurers, MNOs, retailers, OEMs, banks, and agencies to distribute 7,000+ protection products via a single API across 39 markets and four continents, processing US$85bn+ in quoted premiums annually through 700+ distribution partners.

Ownership category

akta.pro rank

Product category

Insurtech Platform

NAICS

Other Insurance Related Activities (52429), Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)

akta.pro secondary industries

Embedded Travel Insurance Distribution & APIs (THALALAA), Partner/Channel Enablement Portals for Insurers & Distributors (White-Label, Affiliate) (THALALAN), Underwriting, Pricing & Policy Administration (PAS) for Travel Insurance (THALALAK), GAP & Vehicle Protection Products (GAP Waiver/Insurance, Lease/Loan Protection) (FSAJALAC)

Keywords

• Embedded insurance platform
• Insurance distribution technology
• Insurance API integration
• Insurtech platform
• Insurance product configurator

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Embedded Insurance Distribution: Bolttech enables businesses to embed insurance products into their customer journeys, generating revenue through distribution fees, commissions, and platform fees. The company connects insurers, distribution partners, and end-customers through its B2B2C platform model.
2. Platform Services and API Access: Revenue generated from providing access to the company's 220+ microservices platform including distribution engine, sales tools, and servicing capabilities. This includes professional services for implementation and customization.
3. Insurance Product Manufacturing: Design, build and launch new insurance products quickly using the company's platform capabilities, generating fees for product development and manufacturing services.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels5 records

Core offering

Bolt operates an embedded insurance platform that enables businesses to embed insurance and protection products into their existing customer journeys through APIs and portals. The platform comprises a Distribution Engine with an insurer library and product configurator, sales solutions (Embedded Insurance API, Agency, Consumer, and Partner Portals), servicing capabilities (claims portal, policy admin, contact centers), and custom solutions for product manufacturing and insurer advisory. It delivers vertical insurance programs spanning mobile devices, consumer electronics, health tech, home, mobility, travel, cyber, and IoT-based prevention.

Product overview

Bolttech operates as an embedded insurance platform with a platform-plus-modules architecture. The core is the Distribution Engine, a comprehensive B2B2C protection and insurance platform that powers embedded product choice. Around this core, the company offers Sales Solutions (including Embedded Insurance API, Agency Portal, Consumer Portal, and Partner Portal), Servicing capabilities (Claims Portal, Policy Admin, Global Contact Centers, Engagement Portal), and Custom Solutions (Product Manufacturing, Insurer Advisory, Insurance Entity Setup). The platform spans multiple insurance programs including Mobile Devices, Consumer Electronics, Health Tech, Home, Prevention Technology (IoT-based water damage prevention), Mobility, Travel, Cyber, and Customized solutions. The company also offers vertical-specific products like VTRO for homeowners in California and AI for Agencies. The platform is described as having 220+ microservices and connects insurers, distribution partners, and end-customers through omni-channel distribution capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Distribution Engine Core B2B2C protection and insurance platform that scales business and powers embedded product choice, including an insurer library, no-code product and pricing configurator, dynamic underwriting questionnaire, data marketplace, and customizable UI design system. Sold to insurers, distribution partners, and enterprises.
• Embedded Insurance API API enabling businesses to embed quote, bind, and pay functionality into any customer journey for seamless insurance distribution.
• Agency Portal All-in-one portal to boost insurance sales and efficiency for insurance agents and agencies, with expanded carrier access and digital tools.
• Consumer Portal Quote and buy self-service portal for consumers to purchase insurance products directly through distribution partners.
• Partner Portal Sales and referral portal for non-licensed partners enabling them to refer and distribute insurance products.
• Servicing and Claims Portal Intuitive portal for customers and partners to submit service requests or initiate claims, supporting post-sales and claims lifecycle.
• Policy Admin Policy lifecycle services covering the entire policy administration process from quoting through servicing.
• Global Contact Centers Contact center services around the globe supporting protection and insurance programs across multiple regions.
• Mobile Devices Program Market-leading device lifecycle solutions including device protection, trade-in, rental, upgrade and more, designed for MNOs, OEMs, and retailers.
• Consumer Electronics Program Comprehensive tech protection, fast repairs, and unmatched service for consumer electronic devices, sold through retailers and OEMs.
• Health Tech Program Comprehensive device protection, seamless integration, and long-term coverage aligned with health insurance cycles for health tech devices such as hearing aids and eyewear.
• Home Program Holistic coverage for both physical and digital aspects of home life, with customizable plans covering physical gadgets to digital lifestyle, marketed through distribution partners.
• Prevention Technology IoT-based proactive water damage prevention technology providing carriers with real-time insights to reduce claims and optimize risk.
• Mobility Program Seamless, integrated solution for offering insurance directly within the car-buying journey, creating a one-stop-shop for all customer needs. Targeted at automotive OEMs and mobility companies.
• Travel Program Fit-for-purpose and tech-empowered travel protection solutions designed for telco partners to address the specific needs of roaming customers.
• Cyber Program Comprehensive online safety solutions providing prevention, remediation, and insurance coverages for partners serving digital customers.
• Custom Solutions Tailored protection and insurance solutions for enterprises, including product manufacturing, insurer advisory, insurance entity setup (MGA or agency launch), integrations, and professional services.
• VTRO Homeowners insurance product in California combining comprehensive coverage with smart water sensor technology for damage prevention. VTRO functions as a California-based managing general agent with policies underwritten by an A-rated carrier.

Quantifiable outcome

• 75%+ increased revenue for financial services partners
• +5 more outcomes

Named customers8 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and flagship.

• NvidiacoreTechnology or Integration · 18 March 2026Tallinn-based European ride-hailing company Bolt partnered with Nvidia to build AI infrastructure for scaling autonomous vehicles in Europe, combining Bolt's fleet data with Nvidia's Omniverse libraries, Cosmos world foundation models, and Drive Hyperion architecture. The collaboration aims to create a European-led autonomous vehicle platform that ensures data and technology remain under European control while maintaining GDPR and EU cybersecurity compliance. The Nvidia stack potentially supports Bolt's existing partnership with Chinese provider Pony.ai for robotaxi testing on European roads planned for late 2026.
• Pony.aicoreStrategic or Co-development Partner · 1 January 2026Bolt (ride-hailing) has an existing partnership with Chinese provider Pony.ai for robotaxi testing on European roads planned for late 2026. This partnership complements the Nvidia collaboration for autonomous vehicle development.
• RoamlycoreChannel Partner/ Reseller/ Distributor · 5 December 2025Insurtech company bolt partnered with recreational vehicle insurance specialist Roamly to make RV insurance products available to thousands of agents on bolt's platform across all 50 U.S. states. The integration expands bolt's specialty insurance portfolio while giving Roamly access to bolt's distribution network of agents and policyholders. The launch aligns with research showing sustained RV usage in 2025, with 92% of owners expecting to travel the same amount or more, and analysts predicting higher activity in 2026 due to events like the FIFA World Cup and Route 66 Centennial.
• Harmony Auto IndonesiaflagshipStrategic or Co-development Partner · 10 September 2025Bolttech partnered with Harmony Auto, a leading Chinese automotive company, for the first mobility partnership in Indonesia offering embedded EV insurance solutions combining innovation, accessibility, and safety for BYD EVs. This represents bolttech's entry into the Indonesian mobility insurance market.
• GlobeflagshipStrategic or Co-development Partner · 2 September 2025Bolttech partnered with Globe, the Philippines' mobile leader, to launch Flagship Forever, a new device upgrade programme allowing customers to enjoy yearly smartphone upgrades with no preterm fees. This is a flagship partnership for device lifecycle solutions in Southeast Asia.
• LOOP (NCBA Bank)flagshipStrategic or Co-development Partner · 29 August 2025Bolttech announced its entry into the Kenyan market via its partnership with LOOP, the digital banking service from NCBA Bank. This partnership enables embedded insurance solutions through the LOOP digital banking platform, expanding bolttech's African presence.
• Mobile World Live (GSMA)coreGTM or Marketing Partner · 28 August 2025Bolttech in partnership with GSMA's Mobile World Live released a new whitepaper exploring how mobile network operators (MNOs) can unlock significant new revenue streams through embedded insurance opportunities. This represents a thought leadership and market development partnership.
• Scout SecuritycoreStrategic or Co-development Partner · 5 January 2024Scout Security partnered with bolt (insurtech) to deploy water leak detection sensor technology under a Master Services Agreement and Statement of Work. The technology aims to reduce water damage claims for insurers while improving property management and insurance offerings. The collaboration seeks to reshape how insurers manage water damage risk and claims, potentially benefiting homeowners and businesses.

Scale indicators12 records

Recent moves8 records

Expansion highlights7 records

Broad incumbents

• Trov: Trov pioneered on-demand, embedded insurance products distributed through partner platforms across multiple verticals. It overlaps with bolttech's modular embedded product approach, particularly in mobility and consumer electronics.
• ZhongAn Online P&C Insurance: ZhongAn is a large publicly listed Chinese insurtech offering embedded and ecosystem-partnered insurance products across Asia. It competes with bolttech in Asia-Pacific embedded distribution and provides a scaled incumbent benchmark.
• Lemonade: Lemonade is a publicly listed consumer insurtech using AI-driven underwriting and a mobile-first model across renters, home, pet, and life. While more direct-to-consumer, it competes for the same insurtech mindshare and embedded partnerships.

Direct peers

• EIS Group: EIS Group offers an insurance core system platform (policy admin, billing, claims, digital engagement) used by global insurers. It overlaps with bolttech's enterprise servicing capabilities and competes for the same carrier platform budgets.
• Cover Genius: Cover Genius is a global embedded insurance platform that distributes protection products through APIs into partner customer journeys across retail, travel, and fintech. It is the closest direct competitor to bolttech in API-first embedded insurance distribution.
• Socotra: Socotra provides a cloud-native insurance core platform with policy administration, billing, and claims APIs. It is comparable to bolttech's servicing/policy admin stack and serves many of the same digital insurers and MGAs.

Emerging players

• Inshur: Inshur provides embedded commercial auto and mobility insurance via APIs and partner platforms, primarily for gig and fleet operators. It mirrors bolttech's mobility program and B2B2C distribution approach in a focused vertical.
• Slice Insurance Technologies: Slice is an India-focused embedded insurance platform partnering with consumer apps and fintechs to distribute micro-insurance. It is comparable to bolttech's API-first, B2B2C distribution model in an emerging market context.
• Acko General Insurance: Acko is an India-based digital-first insurer offering embedded auto, health, and device protection products via partner platforms. It parallels bolttech's mobility, device, and embedded-insurance use cases in a high-growth emerging market.

Regional players

• WeSure (Tencent-backed): WeSure is a Tencent-affiliated insurtech distributing insurance via WeChat and partner ecosystems in Greater China. It is a regional comparable to bolttech's ecosystem-driven embedded distribution model in Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/boltinsurance
• LinkedInlinkedin.com/company/-bolt

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds2 records

Investors1 record

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

M&A

Investments

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

Frequently asked questions about Bolt