Hong Kong/Singapore, 7 April 2020 – Pacific Century Group (PCG) today announced the appointment of Rob Schimek as Group Chief Executive Officer (CEO) 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 Pacific Century Group, said, “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.”
Rob Schimek, Group Chief Executive Officer of bolttech, commented, “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 revolutionise 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.”
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
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.
For more information, visit www.pcg-group.com