Insurtech outfit bolttech has introduced a collaboration with telecommunications supplier Taiwan Cellular to supply their shoppers with varied private insurance coverage.

Underneath the partnership, which leverages bolttech’s insurance coverage trade platform, prospects can entry the insurance coverage on the Taiwan Cellular app.

Within the first section, each corporations will introduce 13 journey insurance coverage options underwritten by Fubon Insurance coverage to supply protection from TWD3m ($97,629) to TWD12m.

The collaboration will assist Taiwan Cellular shoppers to get insured in lower than three minutes after they log in and purchase insurance coverage utilizing their Taiwan Cellular account.

As well as, each bolttech and Taiwan Cellular search to increase their alliance merchandise, equivalent to auto, private damage and cyber insurance coverage.

Bolttech North Asia CEO Chris Plumley stated: “We’re proud to collaborate with Taiwan Cellular, a number one firm within the telecommunications, sensible dwelling, and monetary providers sectors within the Taiwanese market.

“Collectively, we’ll join Taiwan Cellular’s consumer base of seven million prospects to a variety of modern and valued insurance coverage merchandise that we’ve built-in into our insurance coverage buying and selling platform, permitting prospects to buy protection in a extra handy and intuitive method.

“This preliminary launch will give attention to journey insurance coverage, enabling Taiwan Cellular prospects to seek out a better and higher approach to defend what issues most whereas roaming.”

bolttech presently caters to prospects in additional than 30 markets throughout North America, Asia and Europe.

Final month, bolttech introduced that it had raised $196m in funding as a part of its Sequence B funding spherical led by Japanese insurer Tokio Marine.