International insurtech bolttech acquires Digital Care
Digital Care is widely recognised for its innovative solutions and exceptional customer service. Its products and partner ecosystem perfectly complement bolttech’s offerings.
This agreement will provide bolttech with an expanded global presence, a broader product range, and enhanced operational capabilities and distribution partner network in the embedded protection sector. By welcoming Digital Care into the fold, bolttech will gain access to four new EMEA markets: Poland, Croatia, Lithuania, and South Africa.
The merger will create significant value and new opportunities for customers, partners, employees, and shareholders.
This acquisition aligns with bolttech’s goal of utilising technology to connect people with protection at the point of need, promoting accessibility of insurance and financial inclusion, particularly in emerging markets.
“Digital Care’s proven track record of innovation and customer service, coupled with their extensive expertise in the embedded protection field, makes them an ideal partner for us as we expand our operations in EMEA and globally,” stated Rob Schimek, group chief executive officer of bolttech. “Together, we will be well-positioned to deliver innovative insurtech solutions to a broader range of partners and customers and assist more people in accessing the required protection.”
“We believe this is a significant growth opportunity for our company, and that we can play a pivotal role in supporting bolttech’s mission to establish the world’s leading, technology-enabled ecosystem for protection and insurance,” remarked Aleksander Wistuba, chief executive officer of Digital Care.
This acquisition is a testament to bolttech’s commitment to innovation and its goal of becoming a global leader in embedded protection. With Digital Care’s expertise and talent, bolttech is well-positioned to continue its rapid growth and positively impact the lives of people around the world.
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