Global insurtech firm bolttech has entered the Kenyan market through a partnership with NCBA Bank’s digital banking platform, LOOP, establishing its first presence in East Africa. This collaboration will launch LOOP Flex Device Financing (LOOP Flex) in October, offering affordable devices with embedded comprehensive insurance coverage.

• The program will provide financing combined with protection against theft, accidental and liquid damage, mechanical breakdowns, and extended warranties for devices.
• Eric Muriuki, CEO of LOOP DFS, emphasized that the partnership enhances accessibility to devices and safeguards users against risks.
• Stephan Tan, bolttech EMEA CEO and Group Chief Investment Officer, highlighted Kenya as one of Africa’s most dynamic digital economies, making it a crucial market entry with a trusted local partner.