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AXA Partners and Bolttech Forge Strategic Partnership to Expand Embedded Insurance in Europe
AXA Partners, a subsidiary of the AXA Group, and bolttech, a global insurtech leader, have announced a strategic partnership aimed at launching embedded insurance solutions across the European Union, UK, and Switzerland. This collaboration combines AXA Partners' expertise in B2B2C insurance services, including Motor, Home, Travel, and Lifestyle Protection, with bolttech's technological solutions in device protection.
This alliance seeks to create new commercial opportunities by enhancing upsell and cross-sell potential. The partnership targets sectors such as telecommunications, financial services, utilities, travel, OEMs, and retail, aiming to build strategic relationships with carriers, MGAs, reinsurers, and distribution partners.
Stephan Tan, CEO of EMEA at bolttech, expressed enthusiasm for the partnership's potential to deliver innovative insurance experiences. Gunter Uytterhoeven of AXA Partners highlighted the promise of generating more revenue for corporate partners while offering tailored insurance solutions to meet evolving customer expectations.
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