Global insurtech giant bolttech has made its debut in the Kenyan market through a strategic partnership with LOOP, the digital banking service of NCBA Bank.
The collaboration marks a significant step in bolttech’s African expansion, introducing its embedded protection and insurance services to Kenya’s fast-evolving digital economy.
As part of the partnership, bolttech and LOOP will roll out LOOP Flex Device Financing (LOOP Flex) in October. The initiative aims to make device ownership more affordable by offering flexible financing bundled with built-in protection.
The coverage will include theft, accidental and liquid damage, mechanical breakdown, and extended warranty. Repairs will be carried out exclusively at certified service centres using genuine parts, ensuring quality and reliability.
Commenting on the launch, Eric Muriuki, Chief Executive of LOOP DFS, said:
“We are delighted to welcome bolttech to Kenya and to partner with a global leader in embedded protection. This partnership allows us to make high-quality devices more affordable while giving our customers peace of mind through comprehensive protection. It’s another step towards delivering innovative, accessible, and digitally driven financial solutions that empower our customers to live and work with confidence.”
Also speaking, Stephan Tan, CEO EMEA and Group Chief Investment Officer at bolttech, noted:
“Kenya is one of Africa’s most dynamic digital economies, and we are proud to enter the market alongside LOOP, a trusted and innovative local partner. Together, we are embedding protection into the device ownership journey, enabling more people to afford and safeguard the technology they rely on every day.”
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