bolttech Forges New Partnership with Leading Nordic Telco Three Sweden

bolttech Forges New Partnership with Leading Nordic Telco Three Sweden
International insurtech, bolttech, has announced its partnership with the Swedish telecommunications service provider, Three Sweden.

The collaboration will enable Three Sweden to provide comprehensive device protection solutions to customers both online and in-store.

According to reports, the move strengthens bolttech’s existing collaboration with CK Hutchison Holdings (CKHH), building on other key partnerships with CKHH businesses globally including WINDTRE in Italy, Drei Austria, and Three Hong Kong.

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Under the new partnership, Three Sweden customers will have access to non-binding, device protection insurance and services covering damage, theft, loss and unauthorised use. The insurance, underwritten by insurer AIG, aims at covering customer’s devices even while they are travelling, to provide added peace of mind. Customers can also enjoy fast claims settlement with no limit on the number of claims, and no depreciation in the value of their device.

In December 2000, Three Sweden embarked on a mission to transform mobile communication, aspiring to build an entirely fresh platform. Presently, the company manages 3G and 4G mobile networks across Sweden and Denmark, boasting a workforce of around 2,000 dedicated individuals.

As a member of the global three group, active in eleven countries, Three Sweden is under the ownership of CK Hutchison, a Hong Kong-based entity holding a 60% stake, and Swedish Investor AB, holding the remaining 40%.

Dr. Jens Schädler, Chief Executive Officer Europe, bolttech said, “We are excited to partner with Three Sweden, an innovative telecommunications business founded on cutting-edge mobile technology. This partnership will allow us to elevate the Swedish market’s device protection capabilities. We share the common vision of helping customers safeguard the valued devices that are central to their lives in our fast-moving, digital world.”

Rune Pedersen, Chief Commercial Officer B2C, Three Sweden, also commented, saying: “Three Sweden is excited to join forces with bolttech to continue our growth journey in the Swedish market. As a fast-growing challenger, we aim to become a flexible and helpful companion in our customer’s digital lives.”

He added: “The partnership with bolttech provides great opportunities for creating winning propositions today and tomorrow.”

Author: Joanna England

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