bolttech announces investment in digital insurance advisor Sherpa

The investment will be used to expand Sherpa’s protection advisory tool.

International insurtech unicorn bolttech has made a strategic investment in an undisclosed amount to digital insurance advisor Sherpa.

The investment is part of a collaboration to expand the international presence of the digital insurance and protection advisory tool, Sherpa Score.

Sherpa Score is a data-driven advisory platform that provides consumers with a highly customised visualisation of their insurance and protection gaps to inform their decision-making. Users access unbiased and trustworthy advice in a seamless, instant manner around the clock. Businesses selling insurance can integrate the Sherpa Score platform into their own channels to drive increased engagement and understanding for a better experience for their customers.

According to bolttech CEO, Rob Schimek, they are always looking for new and innovative ways to build or integrate capabilities that deliver more value to our insurance distribution partners and their customers. 

“Our strategic investment in Sherpa will deepen our collaboration to enhance customers’ experience and drive engagement within our tech-enabled insurance exchange. By integrating Sherpa Score’s personalized insights into bolttech’s ecosystem of products and services, customers will better understand their protection needs and have the access and choice of relevant insurance products to meet those needs.” Schimek said.

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