bolttech secures its latest expansion through Three Ireland

By William Girling
Fast-growing insurtech bolttech has stated that its 14th market will be unlocked through a collaboration with telco Three Ireland...

Fast-growing insurtech bolttech has stated that its 14th market will be unlocked through a collaboration with telco Three Ireland.

Headquartered in Singapore, bolttech secured its 13th expansion less than two months ago in South Korea. Ireland, which is the company’s second European market (following Austria), presents a similar opportunity whereby Three’s SIM-only customers gain access to its innovative device switch programme ‘3PhoneSwap’.

A non-insurance-based scheme, 3PhoneSwap allows customers to switch their smartphone device for any reason twice a year, including changing the device model and/or colour. The two companies will also be joined by CKH Innovations Opportunities Development, whose CEO, Joe Parker, commended the unique proposition:

“This is a market first and brings flexibility and peace of mind to Three Ireland customers giving them the possibility to conveniently and quickly switch out their device for any reason. 

“We are proud to achieve this new key milestone in our successful global collaboration with bolttech aiming to deliver a full suite of innovative digital insurance and device protection products for our customers’ benefit.” 

Ireland: an exciting and innovative market

“The appetite for device protection continues to grow around the world, reflecting customers’ growing need to protect their digital lifestyles from disruption,” commented Rob Schimek, Group CEO at bolttech.

“Ireland is an exciting and innovative market for our business, and I’m pleased that our partnership with Three Ireland will allow us to bring customers new ways to protect the technology at the centre of their lives.”

David Ward, Head of New Products and Propositions at Three Ireland, added, “Keeping our customers connected is our priority at Three. We know how crucial mobile devices are and we’re pleased to partner with bolttech to introduce Ireland’s first mobile phone switch service to our customers. 

“This convenient service is exclusively available to our SIM only customers both in-store and online; customers can sign-up conveniently from the comfort of their homes and get their swapped devices delivered to their location in just a few clicks.”


Featured Articles

How will blockchain technology reshape the insurance market?

Blockchain has the power to completely transform insurance, but are business leaders on board and how do we unleash its full potential?

Karen Lynch: Blazing a trail for the Health insurance sector

Karen Lynch is the President and CEO of CVS Health – a leading US health insurance provider. In 2021, she was the top ranking female CEO in the Fortune 500

Top 10 insurtech incubators and accelerator programmes

These are the biggest insurtech-related incubator and accelerator schemes, which all have proven track records of nurturing promising insurtech startups

InsuranceDekho raises US$150mn in Series A funding round


Could insurance technologies save more lives in earthquakes?

Technology & AI

Capgemini's Samantha Chow talks changes in Life insurance