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bolttech launches its first European mobile device insurance programme ‘Direkt-Schutz’

Deepens key relationship with Drei Austria

Vienna, 22 January 2021 – Fast growing insurtech company bolttech has become Drei Austria’s key partner for its device protection services with the launch of its first mobile device insurance programme in Europe, Direkt-Schutz. This expansion follows bolttech’s successful launch of its innovative device protection switch solutions in Italy, Austria and Ireland.

Reflecting bolttech’s vision of ‘connecting people with more ways to protect the things they value’, Direkt-Schutz offers Drei’s 3.9 million customers the opportunity to insure their device for damage and theft, and the option to replace or repair their device.

Drei Chief Commercial Officer, Rudolf Schrefl, commented: “Mobile devices are an integral part of our lives. After the successful launch of “DirektTausch” in Austria last year we are pleased to advance our partnership with bolttech by offering Direkt-Schutz to our customers. This convenient service is available via our Drei shops and online on www.drei.at. Direkt-Schutz provides our customers best in class solutions with next day device replacement and fast repair options.”

Direkt-Schutz comes to the Austrian market as a result of bolttech becoming an accredited Third-Party Administrator (TPA) to leading global insurer AIG. This exciting milestone establishes a strong platform for bolttech’s growing business to provide similar insurance offerings across Europe.

Andrew Cons, General Manager for Europe at bolttech, said “I’m delighted to be deepening our relationship with Drei and enabling customers to enjoy an uninterrupted digital lifestyle with the enhanced device protection offered by Direkt-Schutz. I’m also excited about our newly accredited Third-Party Administrator (TPA) status with AIG and look forward to building on this achievement to take our insurtech business into new markets”.

“We are delighted to be working with such an exciting insurtech company as bolttech and to have appointed them as one of our trusted Third-Party Aadministrators to bring Direkt-Schutz to Drei”, commented Alexander Shopov, Head of Austria Branch and Sales Director Austria, AIG Europe S.A..

The launch of Direkt-Schutz follows bolttech's recent entry into Ireland – its 14th market across three continents – with bolttech now offering device protection in Ireland, Italy and Austria in Europe, as well as Hong Kong, India, Indonesia, Thailand, Malaysia, the Philippines, Vietnam and South Korea in Asia.

Direkt-Schutz rolls out to Drei’s network from today. For more information, please visit https://direkt-schutz.bolttech.at/.

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