Hong Kong/ Singapore/ Kuala Lumpur, 7 April 2020 – AmTrust Mobile Solutions Singapore Pte. Ltd. (“AMS”) today announced the rebranding of its business to bolttech, following Pacific Century Group’s (“PCG”) acquisition of AMS in June 2019.
bolttech is PCG’s international digital protection and insurance business, part of PCG’s growing suite of customer-led, technology-driven general insurance and protection capabilities. The brand launched earlier this year, and the group is currently present in 11 markets across three continents.
Rob Schimek, bolttech Group Chief Executive Officer, commented, “At bolttech, we want to help people protect the things they value. Today’s announcement is an important first step in the rollout of our new brand and integration of the AmTrust Mobile Solutions’ business into bolttech. Together, we are excited to be building a world-leading device protection business.”
bolttech delivers fast and easy device protection through repair and delivery services, switch programmes, trade-ins and technical support to protect customers’ electronic devices for an uninterrupted digital lifestyle. With the acquisition of AMS, the group now has operations in the Philippines, Vietnam, Indonesia, Malaysia and India, with more than five million effective customers and over 500,000 new customers per month. The group also has greenfield device protection operations in Hong Kong and Italy.
Mark Simmons, bolttech CEO, Device Protection, and founder of AMS, said, “Smartphones and smart gadgets are an integral part of our lifestyles; to protect our customers’ digital lifestyles, we have strengthened our solutions and grown rapidly across markets. I’m thrilled that AMS is now part of the PCG and bolttech family which will bring exciting opportunities for us to be able to expand into new markets, build new partnerships and bolster capabilities.”
The rebranding of AmTrust Mobile Solutions to bolttech will be completed in various markets in April and May, starting with Malaysia followed by the Philippines, Indonesia and Vietnam. The rebranding of the AMS business in India will follow later this year.
AMS’ customers will not be affected by the rebranding to bolttech. They will continue to receive protection and uninterrupted customer service in accordance with the terms of their service plans.
About Pacific Century Group (PCG)
Pacific Century Group (PCG) is an Asia-based private investment group established in 1993 with interests across three core business pillars – technology, media & telecommunications (TMT), financial services and property. PCG has demonstrated a strong track record of successful investing and has created a long-term sustainable network in Asia and across its core business pillars.
bolttech is Pacific Century Group’s international digital protection and insurance business. A unique model integrating four capabilities including device protection, digital brokerage, technology services, and digital general insurance, bolttech aims to connect customers with a better protection and insurance experience, transforming the way insurance is bought and sold.
bolttech launched in Asia in 2020 and the group is present in 11 markets across three continents in Asia, North America and Europe, including in Hong Kong, Indonesia, India, Italy, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Vietnam and the United States.
For more information, please visit www.bolttech.io