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bolttech acquires Digital Care to bolster EMEA expansion

By Gloria Methri

October 20, 2023

  • Bolttech
  • Croatia
  • Digital Care
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Global InsurTech, bolttech, Digital Care, Embedded Protection, EMEAInsurance Technology firm bolttech has announced the acquisition of Digital Care, an embedded protection company based out of Poland. The acquisition is in line with the Group’s expansion goals in the EMEA region while accelerating growth, particularly within the telecommunications industry.

Digital Care is known for innovation and customer service, and its products and partner ecosystem are a perfect complement to bolttech’s. The deal will provide bolttech with an increased global footprint, expanded product offerings, and enhanced operational scale and distribution partner network in the embedded protection space. By bringing on board Digital Care, the InsurTech will enter four new markets in EMEA – Poland, Croatia, Lithuania, and South Africa.

Together, the companies will reinforce embedded protection globally, building out new servicing, digital, and sustainability capabilities. The acquisition is also aligned with bolttech’s goal to leverage technology to connect people with protection at the point of need, promoting accessibility of insurance and financial inclusion, particularly in emerging markets.

“We are excited to welcome Digital Care to the bolttech family,” said Rob Schimek, Group Chief Executive Officer, bolttech. “Digital Care’s strong track record of innovation and customer service, combined with their deep expertise in the embedded protection space, makes them an ideal partner for us as we accelerate our growth in EMEA and globally. Together, we will be well-positioned to deliver innovative InsurTech solutions to a wider range of partners and customers, and help more people access the protection they need.”

“At Digital Care, we are delighted to join the bolttech family. We believe that this is a significant growth opportunity for our company, and that we can play an important role in supporting bolttech’s mission to build the world’s leading, technology-enabled ecosystem for protection and insurance. I would like to express my gratitude to our dedicated team for their efforts in making this milestone possible,” said Aleksander Wistuba, Chief Executive Officer, Digital Care.

Following the completion of the acquisition, bolttech and Digital Care will work closely together to ensure a smooth transition for all employees, partners, and customers.

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