NEW YORK (March 7, 2017) – BOLT® Solutions, Inc. (www.boltinc.com), the leading digital distribution platform provider for the property and casualty (P&C) insurance industry, launches version 8.0 of the innovative BOLT PlatformTM now available in two versions: BOLT ENTERPRISE and BOLT PREMIER.
BOLT 8.0 meets the needs of insurers at any point in their digital distribution journey offering the ability to integrate traditional and digital distribution capabilities with a tightly integrated market network of robust product options. With BOLT, insurers can bundle their offerings with those from other carriers to meet consumers’ demand for fast, efficient service by quoting, binding and issuing multiple products in a single transaction. The result is unstoppable business growth; greater customer wallet-share, higher acquisition and retention rates, lower operational costs, and a commanding digital presence.
“There is a lot of talk of disruption in the insurance industry. Our bet is on the incumbents. They have the market knowledge, customer-base and history of product success. With our platform, they now have the product breadth and digital competence to grow their business,” said Eric Gewirtzman, CEO, BOLT Solutions. “BOLT turns incumbents from the disrupted to the disruptors, creating enormous strategic opportunities.”
BOLT’s state of the art platform now comes in two exciting options. BOLT ENTERPRISE, seamlessly connects with the back-end systems insurers require to sell and market their products and brings the power of a tightly integrated market network of products to consumers and small businesses in a single transaction. BOLT PREMIER, provides swift digital distribution capabilities, delivering speed to market and immediate business impact by offering a set of pre-qualified products as well as select product integrations from the BOLT Platform to efficiently expand the offerings presented to customers.
“Our platform enhancements and new product offerings have positioned us to meet the needs of all U.S. insurers looking to quickly implement digital channels of engagement and provide customers with product choice,” said Ari Katz, president, BOLT Solutions. “We're solidifying our position as an InsurTech innovator dedicated to helping all incumbents outcompete in a rapidly evolving industry.”
The BOLT Platform at a glance: more than 75,000 sales professionals, over 5,500 product integrations across 50 states and $1.4B in annual premium flowing through the system.
About BOLT Solutions, Inc.BOLT® Solutions, Inc. (www.boltinc.com), the leading provider of digital distribution solutions to the P&C insurance industry, is helping insurers transform the way they sell and market their products to consumers and small business owners. Compatible with existing infrastructure, the BOLT PlatformTM provides a single interface that connects seamlessly with back-office systems and improves carrier reach through a vast market network of new products. Insurers gain the ability to bundle products from other carriers with their own, positioning them to meet all of the customer's needs without underwriting additional risk. Designed to connect carriers and their agents directly to consumers and small business owners, the BOLT Platform delivers the optimized solutions, and ideal experience customers expect today. BOLT® is an Actua company (Nasdaq: ACTA).