3 December, 2025

mTek becomes part of bolttech

bolttech strengthens its presence in Africa and expands its digital insurance capabilities in Kenya

Kenya, 3 December 2025 – bolttech, the global insurtech, today announced that mTek, a digital insurance platform based in Kenya, has been acquired by the bolttech Group. This move advances bolttech’s strategic goals in East Africa and enhances the Group’s global embedded insurance capabilities.

Founded in 2019, mTek has developed a best-in-class digital platform that enables customers in Kenya to compare, purchase, and manage insurance seamlessly. Its insurtech capability supports greater access to insurance and financial inclusion through simple, transparent, and paperless insurance experiences. The mTek platform partners with leading industry players including GA Insurance, Sanlam, and Britam. In September, mTek and Mastercard announced a collaboration to bring embedded insurance solutions across East Africa.

As part of this acquisition, mTek’s digital platform and insurance expertise will be leveraged on a global scale, combining local insight with bolttech’s extensive global insurance and protection ecosystem.

Stephan Tan, Chief Executive Officer, EMEA, bolttech said, “This represents an exciting step forward for bolttech as we expand our footprint in Africa. mTek’s innovative platform and talented team share our vision of using technology to make protection more accessible. Together, we can accelerate digital transformation in insurance and extend the reach of embedded protection across the region.”

Bente Krogmann, Chief Executive Officer, mTek, said, “Joining the bolttech family marks an exciting next chapter for mTek. Our technology, local insight, and commitment to inclusive insurance have transformed how customers access protection in Kenya, and this partnership allows us to scale that impact even further – bringing more innovative and relevant insurance solutions to customers at scale.”

mTek’s existing leadership team, led by CEO Bente Krogmann, will continue to oversee operations in East Africa, providing stability and support for customers, partners and employees during this next phase of growth. As part of the acquisition, mTek will also rebrand in due course.

bolttech and mTek will work closely together to ensure a smooth integration for all employees, customers, and partners.

About mTek

mTek is a leading Kenyan based insurtech reshaping East Africa’s insurance ecosystem through digital innovation. Established in 2019, mTek provides a fully digital, end-to-end distribution platform that seamlessly integrates General and Life insurance products with both B2C and B2B2C functionality. The platform empowers more than 350,000 customers in Kenya alone, to compare quotes from over 45 insurers and purchase coverage either upfront or through flexible installment plans.

In collaboration with strategic partners, mTek is committed to making insurance more accessible, transparent, and convenient – driving greater financial inclusion and transforming how insurance is experienced across the region!

For more information, please visit www.mtek-services.com.

About bolttech

bolttech is a global insurtech with a mission to build the world’s leading, technology-enabled ecosystem for protection and insurance. bolttech serves customers in 39 markets across Asia, Europe, North America, and Africa.

With a full suite of digital and data-driven capabilities, bolttech powers connections between insurers, distributors, and customers to make it easier and more efficient to buy and sell insurance and protection products.

For more information, please visit www.bolttech.io

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