Insurtech Bolttech Partners With B2B Procurement Company
International insurtech company bolttech has partnered with HAVA.id, a top B2B procurement firm in Indonesia. This partnership will enable HAVA.id to offer comprehensive device protection solutions as part of their procurement consultancy services. These solutions aim to safeguard the technology devices in their clients' valuable inventory.
Bolttech focuses on creating a technology-driven ecosystem for protection and insurance. They connect insurers, distributors, and customers through digital solutions to make buying and selling insurance products easier and more efficient. Bolttech operates in over 35 markets across four continents, offering a wide range of device protection and insurance services. Previous high profile partnerships include Digital Care, telco Three and Allianz.
HAVA.id is a leading B2B procurement company in Indonesia. They help businesses streamline their procurement processes and improve efficiency. By offering exceptional service and value, HAVA.id aims to assist businesses in managing their supply chains effectively.
Tailored Device Protection Plans
As part of this partnership, HAVA.id will leverage bolttech's extensive expertise in device protection to enhance its service offerings to businesses of all sizes, from small and medium enterprises to large corporations. This collaboration will enable HAVA.id to provide a diverse range of device protection plans tailored to meet specific business needs.
These plans cover a variety of devices, including smartphones, tablets, and laptops, offering protection against physical breakage and liquid damage from accidents. Additionally, the plans include extended warranties, providing coverage for 12 months beyond the manufacturer's warranty.
According to a 2023 MarketsandMarkets report, the global device protection market is expected to grow from US$7.2 billion in 2022 to US$10.3 billion by 2027. This partnership strategically positions HAVA.id to capitalise on this expanding market.
"We are excited to partner with bolttech to offer our clients best-in-class device protection services," said Andrew You, CEO of HAVA.id. "This partnership enhances our procurement solutions and provides added value and peace of mind for our clients."
Srinath Narasimhan, General Manager of bolttech Indonesia, added, "This collaboration aligns with bolttech’s goal to create comprehensive device insurance and protection solutions that enhance our partners' offerings. Together with HAVA.id, we aim to provide businesses with the assurance that their devices are protected, allowing them to focus on their core operations."
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