BYD, a global leader in new energy vehicles, has partnered with bolttech, an InsurTech specialising in embedded insurance, to deliver integrated motor insurance solutions for electric vehicle customers across Europe, starting with the UK and expanding into Italy, France, Germany and Spain.
The partnership aims to embed insurance directly into the vehicle purchase journey, enabling customers to access tailored motor cover at the point of sale, according to FF News.
By integrating insurance into both online and dealership channels, the companies seek to simplify the buying process and improve customer experience.
BYD manufactures electric vehicles and key components including batteries, motors and powertrain systems, positioning itself as a vertically integrated EV producer. Its latest innovations, such as the Blade Battery, focus on safety, performance and rapid charging capabilities.
bolttech provides an AI-enabled platform that allows insurers and distributors to embed insurance products into digital ecosystems. Its technology enables real-time pricing, personalised offers and seamless policy issuance across multiple distribution channels.
Through the collaboration, bolttech will deliver dynamic insurance packages tailored to BYD drivers, supported by a curated panel of insurers. The platform will also provide insurers with access to vehicle data and safety insights, enabling more accurate underwriting and competitive pricing for EV-specific risks.
The rollout has already begun in the UK, with further European markets scheduled for launch خلال 2026. The partnership also extends beyond distribution, focusing on data-driven underwriting by leveraging BYD’s proprietary vehicle data to enhance risk assessment and product development.
“We are excited to work with bolttech as our insurtech partner in Europe, turning insights and data into tangible value for BYD customers. Through this partnership, customers will have easier access to motor insurance embedded seamlessly into their car purchase journey, ensuring they have comprehensive EV protection from the moment they drive their car home.” BYD executive vice president Stella Li said,
“We’re honoured to support BYD, the world’s leading EV company, in its bold mission to drive a more sustainable, technology-enabled future. Together, we’ll provide insurers with richer vehicle data and risk insights, enabling more accurate pricing and better insurance options for BYD drivers.” bolttech group CEO Rob Schimek said.
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