Hong Kong/Singapore, 26 June 2020 Growing insurtech company bolttech announced today its expansion to Austria with the launch of its partnership with leading local telecommunications operator, Drei. The partnership will bring bolttech's innovative device protection to Drei's customers around the country, beginning with a mobile phone switch service "Drei Direkttausch", the first non-insurance switch programme in the country.

bolttech's Austria entry increases its presence to 12 markets across three continents, with its device protection offering now present in Austria, Hong Kong, India, Indonesia, Italy, Malaysia, the Philippines, and Vietnam.

bolttech's device protection is one of its four key capabilities in addition to its digital brokerage, technology and digital general insurance offerings – delivering fast and easy device protection through repair and delivery services, switch programmes, trade-ins and technical support to protect customers' electronic devices for an uninterrupted digital lifestyle.

I'm thrilled that the launch in Austria brings bolttech to 12 markets around the world. Our business is continuing to grow faster than ever with new partnerships forged as well as key product launches. This expansion comes as we look ahead to take our technology-enabled insurance and protection ecosystem into new markets with valued partners and to connect customers around the world with more ways to protect the things they value.

Rob Schimek Group Chief Executive Officer of bolttech

We are excited to partner with bolttech to introduce Austria's first flexible handset swap programme. Another step towards improving our customer experience and delivering easy solutions to meet their essential service requirements. Together we will provide Drei customers with new and innovative ways to protect their smartphones.

Rudolf Schrefl Chief Commercial Officer at Drei

Elsewhere in Europe, bolttech device protection brought its switch programme to WINDTRE customers in Italy in late 2019. bolttech will also launch its brokerage offering in Italy in the coming months, connecting insurance providers with individual and corporate customers to offer digital insurance products quickly and seamlessly. bolttech's device protection enables people to live an uninterrupted digital lifestyle by protecting the technology at the centre of their lives. We are proud to bring this mobile device exchange service to Austria with our valued partner Drei and look forward to revolutionising mobile device protection for local customers through our unique programmes and fast and easy customer support.

Andrew Cons General Manager for Europe at bolttech

For further information, please contact: 
Beverly Liew . FTI Consulting +65 9772 1772 [email protected]


About bolttech bolttech is an international digital protection and insurance business. A unique model integrating four capabilities including device protection, digital brokerage, technology services and digital general insurance, bolttech's vision is to connect people with more ways to protect the things they value.

bolttech launched in Asia in 2020 and is present across Asia, North America and Europe, including in Austria, Hong Kong, India, Indonesia, Italy, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Vietnam, and the United States.

For more information, please visit www.bolttech.io