bolttech expands global reach with acquisition of Digital Care

October 20, 2023

bolttech, a rapidly expanding international InsurTech, has announced the acquisition of Digital Care, a leading embedded protection provider hailing from Poland.

This acquisition propels bolttech closer to achieving its strategic vision in the EMEA region and on the world stage, particularly emphasising growth within the telecommunications sector.

In the world of embedded protection, Digital Care boasts a solid reputation for innovation and top-tier customer service. Their comprehensive range of products and partner ecosystem dovetails seamlessly with bolttech’s offerings. With this deal in place, bolttech will widen its global footprint, introducing enhanced product lines and a more substantial operational scale, while also expanding its distribution partner network. This move facilitates bolttech’s entry into four novel markets in EMEA: Poland, Croatia, Lithuania, and South Africa.

The collaboration of bolttech and Digital Care underscores their intent to become global frontrunners in the embedded protection domain. Together, they’ll amplify their digital, servicing, and sustainability capabilities. This partnership promises to generate substantial value, ushering in a plethora of opportunities for customers, stakeholders, employees, and shareholders alike.

One of the primary motivations behind this merger aligns with bolttech’s objective to harness technology in bridging individuals with on-demand protection, advancing the reach of insurance, especially in budding markets.

Rob Schimek, Group Chief Executive Officer at bolttech commented, “We are excited to welcome Digital Care to the bolttech family. Digital Care’s strong track record of innovation and customer service, combined with their deep expertise in the embedded protection space, makes them an ideal partner for us as we accelerate our growth in EMEA and globally. Together, we will be well-positioned to deliver innovative insurtech solutions to a wider range of partners and customers, and help more people access the protection they need.”

Aleksander Wistuba, Chief Executive Officer of Digital Care, expressed his enthusiasm, stating, “At Digital Care, we are delighted to join the bolttech family. We believe that this is a significant growth opportunity for our company, and that we can play an important role in supporting bolttech’s mission to build the world’s leading, technology-enabled ecosystem for protection and insurance. I would like to express my gratitude to our dedicated team for their efforts in making this milestone possible.”