PT Axle Asia, an Indonesian insurance broker, has been renamed PT Bolttech Insurance Broker.
The rebrand follows the completion of bolttech’s acquisition of the majority shareholding in Axle Asia in late 2022.
The Financial Services Authority, Otoritas Jasa Keuangan (OJK) has approved this rebrand, which is in line with its goal to support the growth and development of the insurtech industry in Indonesia.
Srinath Narasimhan, President Director, PT Bolttech Insurance Broker, commented, “We have an exciting opportunity ahead of us to leverage bolttech’s international insurtech capabilities to connect more people with ways to protect…