Global insurtech firm Bolttech is entering the Kenyan market through a partnership with NCBA Bank's digital banking service, LOOP. This collaboration will launch LOOP Flex in October, a device financing and protection program aimed at making high-quality devices more accessible and secure for customers.

• Bolttech's valuation exceeds US$2 billion after recent funding rounds.
• Eric Muriuki, CEO, LOOP, stated the partnership enhances device affordability and comprehensive protection.
• The partnership aims to capture growth in Kenya's insurance market, which has a penetration below 3% of GDP.