International insurtech firm, bolttech, has announced its expansion into the Middle East through a new partnership with stc Group, a prominent telecommunications company in the region. This strategic collaboration is seen as a significant step towards offering innovative insurance solutions to customers in the Middle East.

Rob Schimek, Group Chief Executive Officer at bolttech, expressed his excitement about the partnership, stating that stc Group’s commitment to digital innovation aligns perfectly with their own goals. With stc’s well-established presence in the Middle East, they are viewed as an ideal partner for bolttech’s entry into the region.

Through this partnership, stc’s customers will have access to cutting-edge, embedded device protection offerings that are backed by technology-driven experiences. Schimek emphasized the importance of helping customers safeguard their devices to maintain a seamless digital lifestyle.

In addition to device protection, bolttech and stc will explore opportunities to integrate IoT-enabled solutions for various aspects of a customer’s digital life. This may include protection for home appliances, health electronics, and cyber assets, expanding the scope of insurance offerings in the region.

The collaboration between bolttech and stc Group marks a significant milestone in the insurtech industry, bringing innovative insurance solutions to the Middle East market. This partnership is poised to enhance the digital experience for customers and establish a new standard in insurance services in the region.

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