bolttech, an international insurtech company, has announced a partnership with stc Group, a key player in telecommunications and digital transformation in the Middle East.

This partnership marks bolttech‘s expansion to several new markets, leveraging stc Group’s established presence in the Middle East.

This strategic collaboration is poised to offer stc’s clientele device protection services, integrating advanced technology into the customer experience.

The partnership will not only focus on mobile device protection but also intends to broaden its scope to include IoT-enabled solutions for a comprehensive range of products such as home appliances, health electronics, and cybersecurity for personal 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.”

Featured image: (From left to right) Baldev Singh, CEO Southeast Asia of bolttech; Rob Schimek, Group CEO of bolttech; Olayan Mohammed al-Wetaid, Group CEO of stc Group; Moaeed AlSaloom, Group Chief New Markets Officer of stc Group

This article first appeared on Fintech News Singapore.