The international insurtech company, bolttech, has recently announced a strategic partnership with Three Sweden, further strengthening its collaboration with CK Hutchison Holdings. This collaboration aims to provide Three Sweden customers with non-binding device protection insurance and services to ensure that their valuable devices are covered, even while they are traveling.
Partnership Details
Under this new partnership, Three Sweden customers will gain access to comprehensive device protection insurance and services offered by bolttech. The insurance will be underwritten by prominent insurer AIG, ensuring reliable coverage for customers’ devices. One of the key features is the coverage provided during travel, eliminating worries about damage, theft, or loss while abroad.
Additionally, the insurance offers fast claims settlement, enabling customers to efficiently process their claims with no limit on the number of claims filed. This expedited claims process ensures that customers can quickly replace or repair their devices, minimizing any disruptions to their daily lives. Importantly, customers will not face device depreciation, meaning their claims will cover the value of the device at the time of the incident without any reduction due to wear and tear.
Statements from Key Figures
Dr. Jens Schädler, Chief Executive Officer Europe at bolttech, expressed his excitement about the partnership, stating, “We are excited to partner with Three Sweden to provide their customers with enhanced device protection options. This collaboration strengthens our commitment to delivering innovative insurance solutions in the digital era.” Rune Pedersen, Chief Commercial Officer B2C at Three Sweden, echoed Dr. Schädler’s enthusiasm, remarking, “Three Sweden is thrilled to join forces with bolttech to elevate the device protection capabilities in the Swedish market. This partnership will enable us to offer valuable benefits and peace of mind to our customers, ensuring that their devices are always protected.”
Benefits of the Partnership
The partnership between bolttech and Three Sweden presents numerous opportunities to create winning propositions for customers today and in the future. With comprehensive device protection insurance, Three Sweden customers can enjoy worry-free usage, safeguarding their devices against unexpected accidents or incidents. The non-binding nature of the insurance allows customers to easily customize their coverage to match their specific needs.
Moreover, this collaboration enhances the device protection capabilities in the Swedish market. Customers not only gain access to fast claims settlement and unlimited claims, but also enjoy coverage that extends beyond national borders. This comprehensive protection reinforces Three Sweden’s commitment to offering cutting-edge services while bolstering bolttech’s position as a leader in the insurtech industry.
The partnership between bolttech and Three Sweden marks an exciting development in the realm of device protection insurance. By leveraging bolttech’s expertise alongside the backing of AIG, Three Sweden can now offer its customers enhanced coverage and peace of mind. Together, these companies are shaping the future of insurance, ensuring that customers can enjoy their devices with confidence. As device protection capabilities are elevated in the Swedish market, this partnership sets a precedent for the innovative and customer-centric solutions that can be expected in the future.