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bolttech, the worldwide insurtech, and Tune Defend Group (“Tune Defend”, “Group”), the Malaysian digital life-style insurer, have introduced a strategic partnership. Collectively, they’ll launch a brand new era of gadget safety options and help providers within the area.
Tune Defend Malaysia, the Malaysian normal insurance coverage arm of the Group, is the unique underwriter for the gadget insurance coverage protection. In the meantime, bolttech is the appointed company agent and the supplier of the gadget help providers. By way of the partnership, bolttech and Tune Defend intention to supply prospects a handy and seamless end-to-end buyer expertise for insurance coverage gadget safety options.
Current knowledge reveals that the smartphone person penetration charge in Malaysia in 2022 stands at 88.79 per cent of the inhabitants. This has steadily elevated over the past 5 years. Consequently, extra prospects are uncovered to the each day danger of gadget harm. The partnership between bolttech and Tune Defend goals to fulfill the rising demand for gadget safety, along with help providers available in the market.
Malaysia is a step in direction of additional growth
Mark Simmons, chief govt officer, Europe and Asia, bolttech stated: “Our partnership with Tune Defend presents prospects in Malaysia complete safety and help past the insured gadget. We’ll proceed to work with Tune Defend to create progressive options. These will cater to the wants of the purchasers’ trendy and digital life.”
Rohit Nambiar, group chief govt officer of Tune Defend stated: “Consistent with our strategic imaginative and prescient as a digital and life-style insurer, this collaboration with bolttech presents us the chance to increase our market attain. Moreover, it permits us to seamlessly embed our insurance coverage options. We’re beginning it first in Malaysia. Nonetheless, we’ll proceed to discover different alternatives to broaden it in different nations.”
The gadget insurance coverage protection is underwritten by Tune Defend Malaysia. It gives safety for cracked screens, unintentional and liquid harm. That is in addition to an prolonged guarantee for insured units, together with smartphones and residential home equipment.
The gadget help providers, offered by bolttech, embody:System trade-in24/7 technical supportDevice restore concierge serviceLogistics service for gadget pick-up and supply.
The options can be found as a bundled package deal or may be bought individually, i.e., insurance coverage protection solely or help providers solely.
Prospects can go to their nearest Samsung, Ascend SP, Final Gadgets or Unifi shops to seek out out extra. They’ll subscribe to a program that fits their wants. Extra distribution companions are anticipated to launch the providing for his or her prospects within the coming months.
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