Singapore-based bolttech secures Series B investment

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bolttech, Singapore’s insurtech unicorn, announced that Tokio Marine, alongside other shareholders, will lead its Series B funding round.

Startup is currently valued at approx US$1.5 billion

It said this investment follows on from its previous round last year where it claimed to have closed the largest ever Series A funding round for an insurtech. bolttech is a global B2B2C insurtech that leverages its pioneering insurance exchange to connect insurers with distributors and their customers.

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