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Singapore’s Bolttech enters Kenya’s insurance market in Loop DFS deal

Singapore’s Bolttech enters Kenya’s insurance market in Loop DFS deal
Tuesday, 02 September 2025 09:57

• Singapore-based insurtech Bolttech partners with NCBA-owned Loop DFS to launch in Kenya.
• From October 2025, customers can buy electronics with flexible financing plus insurance cover.
• Bolttech expands its African footprint, adding Kenya to South Africa in its global 37-market network.

Singaporean insurtech Bolttech, founded in 2020 by Rob Schimek, has officially entered Kenya’s insurance market.

According to official info revealed last week, the company is partnering with Loop DFS, a fintech fully owned by Kenyan financial group NCBA. The alliance will see Bolttech offer integrated protection and insurance solutions in the country.

Bolttech’s platform enables businesses to embed customized insurance products directly into customer journeys, making coverage available at the point of purchase and tailored to specific needs. Sectors covered include e-commerce, telecoms, financial services, automotive, and electronics.

Starting in October 2025, the partners will roll out Loop Flex, a program that allows customers to purchase electronic devices with flexible financing while enjoying insurance coverage.

The package covers theft, accidental or liquid damage, mechanical breakdowns, and extended warranty. Repairs will be carried out in authorized service centers with original parts. According to Eric Muriuki, CEO of Loop DFS, the solution will give Kenyans easier access to technology while strengthening their financial security.

Kenya was chosen for its dynamic digital ecosystem and strong adoption of mobile and digital financial services. The country also serves as a gateway to East Africa. Already active in South Africa, Bolttech is accelerating its expansion on the continent.

Globally, the insurtech operates in 37 markets across four continents, working with insurers, distributors, and large companies. Its model is built on an integrated insurance platform that connects insurers and consumers through digital solutions.

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