bolt, the technology-enabled insurance exchange, has joined forces with digital insurance provider Roamly for specialty recreational vehicle (RV) insurance.
Through this agreement, agents using the bolt platform in all 50 US states can now access Roamly’s RV insurance policies.
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The partnership is aimed at broadening the range of specialty products available on the bolt system.
All agents working with bolt have immediate access to Roamly’s RV policies.
Roamly functions as a Lloyd’s Coverholder and uses AI and automation in its operations. The company provides a technology platform, partnerships with carriers, and solutions for consumers, fleet owners and marketplaces.
Its services include coverage options for recreational vehicles, car-sharing and other mobility models, covering underwriting, claims, compliance, data analytics and risk management.
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By GlobalDataRoamly general manager Brad Simmons said: “Together, we are committed to providing agencies and their policyholders with specialised, reliable protection through a simple digital experience.
“Leveraging bolt’s innovative distribution model gives Roamly unparalleled access to agents and RV owners seeking robust coverage for their vehicles. This strategic alignment reinforces our role as a trusted brand in specialty insurance, ensuring customers who embrace road trips and new ways to travel are fully protected.”
bolt operates as a distribution platform for property and casualty insurance, connecting distributors and insurers while updating traditional methods of buying and selling insurance products.
bolt Insurance Capital Solutions senior vice-president Nicole Sivieri commented: “Our partnership with Roamly adds specialty RV coverage backed by deep underwriting expertise, giving agents more ways to support customers on the road as demand increases.
“By expanding our specialty portfolio with dedicated RV protection, we are helping agencies meet a real and growing need with coverage designed specifically for how RV owners travel.”
In June, bolt added Arch Insurance’s Annual Multi-Trip Travel Insurance plan to its distribution network through a separate agreement.
