InsurTech unicorn bolttech has partnered with Max Solutions Service, a subsidiary of PTG, to offer insurance on the card’s Max Me application.
boltech is an international InsurTech with a mission to build the world’s leading, technology-enabled ecosystem for protection and insurance.
The company serves customers in 30 markets across North America, Asia, and Europe.
Max Solution Service Company Limited is a subsidiary of PTG with a mission to enhance the potential of electronic financial systems.
According to a report from Incubees, the partnership will see the launch of insurance products on Max Me application.
The company said it is committed to developing the electronic money service system via the Max Me application. Max Solution’s aim is to be the leading electronic money service system among energy companies, in responding to the needs of the digital society
Poweredby bolttech’s insurance exchange, the Max Me application will provide Max Card customers with a quick and easy way to purchase insurance from a full suite of products including vehicle, travel, and accident insurance, among others.
A H Salah Uddin Ahmad (Hasnat), head of insurance exchange, bolttech Thailand, said, “We share Max Solution’s vision of offering customers convenient digital ways to manage their personal finances. We are proud to help launch a choice of insurance products suited to the various lifestyle needs of Max Card customers. This is an incredibly exciting opportunity to make it easy for customers in Thailand to access the protection they need, in a seamless digital experience with a trusted and familiar brand like Max Card.”
Promsak Jaranyagorn, managing director of Max Solution Service Co, said, “Max Solution is determined to provide solutions for a new generation of customers that expect digital experiences and easy financial services that meet their needs. As such, we strive to continuously find products, services and experiences that add value to Max Card members and are easily accessible on the Max Me application. Together with bolttech’s technology, we’ve developed a new insurance purchasing experience at the touch of a fingertip.”
Earlier this year, bolttech secured Series B funding in a round led by Tokio Marine.
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