PACIFIC Century Group (PCG) announced April 7 the appointment of Rob Schimek as group chief executive officer of bolttech Group (bolttech), a new international digital insurance business with a mission to build the world's leading technology-enabled ecosystem for protection and insurance.
With four key capabilities including device protection, digital brokerage, technology services, and digital general insurance, bolttech aims to help insurers, distributors, and partners deliver a seamless protection and insurance experience to their customers. The various businesses are already present in 11 markets across Asia, North America and Europe, with 7.7 million customers and 1,400 employees.
Richard Li, chairman of PCG, says: “Rob is an outstanding leader, pioneering the establishment of the bolttech business, as he has similarly proven himself instrumental to growing FWD in the region. I am confident that under Rob’s guidance, bolttech will become a world-leading player in the InsurTech space.”
bolttech’s vision is to connect people with more ways to protect the things they value, by providing them with easy access to insurance and protection through the best possible digital experience.
“We have set out to revolutionize the way insurance is bought and sold by bringing together four complementary capabilities under one InsurTech platform. bolttech’s fresh approach, pioneering technology, and backing from PCG and its sister companies, uniquely positions us as a transformative leader in the digital insurance world,” Schimek says.