bolttech to expand into the Middle East through stc Group partnership

Bolttech, an international InsurTech, has announced its expansion into the Middle East with the launch of its partnership with stc Group.

bolttech, an international InsurTech, has announced its expansion into the Middle East with the launch of its partnership with stc Group.

The partnership with the leading telecommunication company aims to introduce innovative device protection offerings to stc’s customers in the Middle East.

In line with stc Group’s ‘DARE 2.0′ vision to emerge as a global leader in digital innovation, bolttech and stc are poised to delve deeper into their collaboration.

They firms aim to broaden their partnership scope by venturing into integrating IoT-enabled solutions across various facets of customers’ digital lives.

This expansion includes extending protection services beyond mobile devices to encompass areas such as home appliances, health electronics, and cyber assets.

Rob Schimek, Group Chief Executive Officer, bolttech said, “stc Group is an ambitious digital leader, always striving to offer innovative solutions to their customers. Their aspirations align perfectly with ours, and together with their well-established presence in the Middle East, they are an ideal partner for our launch into the region. We are excited to work together with stc Group to help their customers safeguard their valued devices to ensure an uninterrupted digital lifestyle.”

stc Group operates as a key player in digital transformation, providing a wide range of services, including digital infrastructure, cloud computing, cybersecurity, IoT, digital payments, and entertainment.

On the other hand, bolttech operates internationally, offering technology-driven insurance solutions across various markets globally.

Keep up with all the latest FinTech news here.

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