Insurtech bolttech Appoints Stuart Watson as Director, Insurance Exchange for Asia

Insurtech firm bolttech says it is pleased to share that the international insurance technology company has appointed Stuart Watson as its Director, Insurance Exchange, Asia.

In his new role, Stuart will “lead business development for bolttech’s embedded insurance and marketplace propositions in the region, working closely with new and existing partners as well as intermediaries.”

Stuart is considered to be “an established leader with a proven track record in developing, pricing, and launching new markets, partnerships, insurance product lines and multinational programs.”

He has 18 years of international and cross-cultural experience “in the insurance industry, including past stints at large insurance and broking firms such as Aon and AIG.”

Prior to joining bolttech, Stuart was “at Aon where he was leading Aon’s overall Affinity & Digital Solutions strategy across 13 countries covering Greater China, Japan and Southeast Asia.”

He assumed his new role “in July 2023 and is based in Singapore.”

As covered last month, international insurtech bolttech announced its partnership with one of Taiwan’s telecommunications providers, Taiwan Mobile, in order “to offer a range of personal insurance options for customers on the Taiwan Mobile app.”

Powered by bolttech’s insurance exchange platform, “the first phase of the partnership will see the launch of 13 different travel insurance products underwritten by Fubon Insurance providing coverage from NT$3 million up to NT$12 million, to cater to the varied needs of customers.”

Taiwan Mobile customers can “get insured in under three minutes when they log in and purchase insurance products through their Taiwan Mobile account.”

Chris Plumley, CEO North Asia, bolttech, said:

“We are proud to collaborate with Taiwan Mobile, a leading company in the telecommunications, smart living, and financial services sectors in the Taiwanese market. Together, we will connect Taiwan Mobile’s user base of 7 million customers to a range of innovative and valued insurance products that we’ve integrated into our insurance trading platform, allowing customers to purchase coverage in a more convenient and intuitive manner. This initial launch will focus on travel insurance, enabling Taiwan Mobile customers to find an easier and better way to protect what matters most while roaming.”

Vincent Wu, Vice President, Telecom Financial Service of Taiwan Mobile, said:

“Taiwan Mobile possesses inherent advantages in the telecommunications industry, including KYC (know your customer), big data, and a database of 7 million users. With the goal of creating a comprehensive telecom financial product ecosystem, Taiwan Mobile has collaborated with International insurtech bolttech Digital Insurance Brokers to establish this online insurance platform. Users can conveniently select suitable insurance products anytime and anywhere based on their insurance needs. Taiwan Mobile will also continue to expand the insurance product offerings to provide users with more convenient insurance choices.”

bolttech and Taiwan Mobile plan “to expand their partnership and product offering, including auto, personal injury and cyber insurance.”

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