Singapore-based insurtech company bolttech has further expanded its global reach with the recent acquisition of Digital Care a leading provider of device protection and tech support services in Europe.
The acquisition allows bolttech to enter new markets and strengthen its position as a key player in the insurtech industry. Digital Care brings with it a strong presence in Germany Austria and Switzerland and serves a customer base of over 2 million people.
Digital Care’s expertise in device protection and tech support services complements bolttech’s existing portfolio of insurance solutions. This strategic move enables bolttech to offer a comprehensive range of products and services to customers covering various aspects of digital life including mobile phones laptops tablets and other electronic devices.
The acquisition also opens up opportunities for cross-selling and upselling as bolttech can now tap into Digital Care’s customer base to offer its existing products and services. Additionally the combined strengths of both companies in terms of technology innovation and customer-centric approach will enhance their ability to deliver exceptional experiences to customers.
With bolttech’s extensive network and resources the integration of Digital Care is expected to be seamless and efficient. The company aims to leverage its global expertise to scale up Digital Care’s operations and explore new growth opportunities in the European market.
Commenting on the acquisition bolttech’s CEO Rob Schimek expressed excitement about this milestone and highlighted the company’s commitment to providing innovative solutions to customers. He also emphasized the strategic importance of the European market and how the acquisition of Digital Care positions bolttech for long-term success.
This acquisition reflects bolttech’s ambitious expansion plans as it continues to strengthen its presence in key markets around the world. The company has already established a strong foothold in Asia and this latest move further solidifies its position as a global leader in the insurtech space.
As digital lifestyles continue to evolve the demand for device protection and tech support services is on the rise. Bolttech’s acquisition of Digital Care not only allows them to capitalize on this growing market but also enables them to deliver comprehensive solutions that meet the evolving needs of customers in the digital age.