BOLT Solutions

Digital Solutions for the Property and Casualty Insurance Industry

Fintech & Insurtech
Acquired by Actua Corp.
CVC Capital Partners on Apr, 2013

Company Overview

Snapshot

Founded in February 2000 by Ari Katz and Eric Gewirtzman, BOLT Solutions operates with 201–500 employees. The company has raised a total of $34.49M across 5 funding rounds from 6 investors. In April 2013, BOLT Solutions was acquired by Actua Corp. and CVC Capital Partners.

Business overview

BOLT Solutions delivers digital distribution solutions tailored for the property and casualty (P&C) insurance industry. The company's core technology, the BOLT platform, provides a single interface that integrates with existing back-office systems, enabling insurers to enhance their sales and marketing efforts. It serves the insurance market by allowing carriers to bundle their offerings with those from other providers, addressing diverse customer needs without increasing risk. BOLT Solutions operates within the Fintech & Insurtech sector, focusing on enterprise solutions, SaaS, and web applications.

Strategic signal

In May 2019, BOLT Solutions announced that its platform had processed $2.1 billion in active premiums. This indicates strong market adoption and validates the effectiveness of its digital distribution solutions for the P&C insurance industry, signaling continued growth and operational success post-acquisition.

Company Intelligence Q&A

When was BOLT Solutions acquired?
BOLT Solutions was acquired in April 2013 by Actua Corp. and CVC Capital Partners.
What was a key operational milestone for BOLT Solutions in 2019?
In May 2019, BOLT Solutions announced that its platform had achieved $2.1 billion in active premiums, demonstrating significant traction in the P&C insurance market.
Which investors participated in the October 2009 D Round funding?
In October 2009, BOLT Solutions received funding from Apropos IT Ventures and Dolphin Equity Partners.
Which investors participated in the August 2006 C Round funding?
In August 2006, BOLT Solutions received funding from Platinum Neurone Ventures (PNV) and Dolphin Equity Partners.
What recognition did BOLT Solutions receive in 2017?
In 2017, BOLT Solutions was recognized as a winner in the ACQ5 Global Awards for its expertise in insurance technology and the P&C insurance industry.

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