News

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.

On the same topic
Oil executives warn conflict may cause prolonged global supply disruptions Hormuz chokepoint tightens supply; Brent holds near $99 per...
Russia suspends ammonium nitrate export licenses to secure domestic supply Global fertilizer markets face strain from China curbs, geopolitical...
International tennis tournaments in Gaborone attracted over 7,000 visitors and supported more than 200 seasonal jobs Tourism accounts for about...
Experts meet from March 23–26 ahead of ministerial decisions on March 27 Discussions focus on telecom harmonization, digital regulation and...
Most Read
01

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
02

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
03

MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....

MTN Zambia Links Mobile Money to Bank POS in New Partnership
04

UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...

UBA, British International Investment explore Africa trade finance deal
05

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.