Thailand

Digital Broker ‘Frank’ announces Rebranding to bolttech

Frank.co.th, a leading digital broker and technology platform in Thailand, has announced that it has rebranded to bolttech as part of its deeper integration with the bolttech Group, an international InsureTech business with a unique model integrating device protection, InsureTech exchange, and digital insurance.

The rebrand follows the completion of the acquisition of Frank in December 2018 by bolttech’s parent, Pacific Century Group, the firm reported in a press release.

Since its beginning in 2016, Frank has built a strong reputation in Thailand for creating a new type of online insurance experience, offering fast, simple and highly personalised insurance experience, through providing instant quotations, immediate coverage and multi-channel customer support.

Following the rebrand, Frank will form part of bolttech’s growing InsureTech capabilities and cutting-edge digital ecosystem that enables insurance and agency partners to connect individual and corporate customers with every kind of protection a customer might need, from travel, motor or property, to life insurance.

Rob Schimek, Group Chief Executive Officer, bolttech, said: “The rebranding of Frank to bolttech marks another key milestone for us as we continue to capture more of the digital growth opportunities in the region. I’m excited to see the power of our three capabilities coming together in the market to create a leading insurance ecosystem in Thailand.”

Harprem Doowa (Prem), Chief Disruption Officer and Head of Insurtech Exchange, Thailand, bolttech, said: “The rebrand of Frank to bolttech is a significant step for our business. We are excited to bring our digital offering in Thailand to the next level as we continue our relentless focus on cutting-edge technology and a digital-first customer experience.”