Tokio Marine led a $247m Series B round in bolttech.

Tokio Marine, an insurance holding company, led a $247m Series B round in bolttech, an insurtech company, with participation from Activant Capital, a global investment firm. “Securing a lead investor of Tokio Marine’s high caliber and esteem is strong validation of international investors’ belief in the resilience of bolttech’s business model, our long-term value proposition, and our role in shaping the future of insurance distribution. Tokio Marine will be a pivotal strategic partner as we continue to accelerate our growth strategy and global expansion,” Rob Schimek, bolttech CEO.