bolt, the insurtech with the country’s largest technology-enabled insurance exchange, today announced a partnership with Bamboo, a property and casualty insurance organization that prioritizes simplicity, transparency, and savings. The partnership brings bolt’s smartphone protection product into Bamboo’s digital ecosystem, supporting their mission of delivering an innovative insurance experience.

Bamboo expands its once homeowner-focused portfolio with the addition of smartphone protection. As cellular devices have become an essential part of daily life, this product is the perfect complement to primary policies for existing customers, and for new policyholders, to ensure holistic coverage for their valuable possessions.

“We’re thrilled about our partnership with bolt, one of the leading coverage providers for smartphones,” said Taylor Mobley, Bamboo Insurance’s Chief Revenue Officer. “This unique offering builds on the foundation of Bamboo’s mission – to provide sensible coverage opportunities for our clients. Through this partnership with bolt, we’re able to expand on that by offering clients accessibility to affordable coverage also within the smartphone space.”

bolt’s smartphone protection is designed from the ground up to help insurers overcome complexity and meet the increasing demand for household level smartphone coverage. bolt’s turnkey solution is designed to be seamlessly integrated into existing agent and direct-to-consumer sales journeys.

“Aligned with Bamboo’s mission to deliver customers easy and innovative insurance experiences, we are proud to combine our brand strengths to fulfill a coverage gap for customers,” said Clayton Bodnarek, Executive Vice President of Alternative Distribution at bolt. “This underscores our commitment to design products that are easy for our partners to integrate, and even easier for their customers to access.”


Source: bolt insurance, AccessWire

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