NEW YORK, March 15, 2017 (GLOBE NEWSWIRE) -- BOLT® Solutions, Inc. (www.boltinc.com), the leading digital distribution platform provider for the property and casualty (P&C) insurance industry, has been recognized by CorporateLiveWire for its innovative role in transforming the insurance industry. The award, titled “Innovation in Insurance Distribution,” honors the capabilities of the BOLT Platform™, a dynamic SaaS-based insurance solution designed to work with insurers’ existing technology and bridge the gap between legacy systems and the digital age.
“CorporateLiveWire honored BOLT® Solutions’ experts for introducing a platform that can easily connect to insurers’ existing systems,” said Stuart Mitchell, CorporateLiveWire awards coordinator. “In turn, removing one of the greatest obstacles today’s insurers are confronted with when attempting to offer their products through digital channels. We also applaud BOLT® Solutions’ experts that aim to tailor a platform experience to suit the needs of insurers’ customers.”
The BOLT Platform helps insurers meet consumer demands for an optimized insurance buying experience by offering a wealth of engagement options and access to a tightly-integrated, universal market network of products that insurers can bundle with their own without underwriting additional risk. With the BOLT Platform, insurers meet more of the needs of their customers more of the time, and as a result, enhance acquisition and retention rates, boost customer wallet-share, increase premiums and grow revenues.
“All honorees in the Innovation & Excellence Awards have played an important part in fueling change in their respective industries,” said Kathleen Garlasco, senior vice president, enterprise marketing BOLT Solutions. “Just as these honorees were change agents, we are delighted that BOLT’s commitment to revolutionize the InsurTech industry has been recognized. Our dedication to InsurTech innovation has powered our success and will continue to inspire new products and strategies that will transform our industry.”
As a leading innovator in insurance technology since 2000, BOLT stands as an InsurTech forerunner, dedicated to meeting the needs of insurers as they adapt to a competitively evolving market.
“I have seen a massive change in innovation going into 2017. Billions have been spent in R&D,” said Elizabeth Moore, awards director of the 2017 Innovation & Excellence Awards. “To work with some of the most influential people in the industry has been an experience to remember. Our winners have proven to overcome many economic changes and challenges including developments in legislation and politics. I would like to personally congratulate all of our winners and I look forward to seeing further success throughout 2017.”
CorporateLiveWire celebrates innovation excellence with corporate award categories in popular programs, and offers awards in the categories of law, mergers and acquisitions, finance, innovation and excellence and more.
CorporateLiveWire provides business professionals and individuals in the corporate sector with information on the latest news and developments from around the globe. The resource offers regular up-to-date content on an array of subject areas such as corporate transactions, international markets, business strategy, and changes in legislation.
The full winners guide can be found at: http://www.corporatelivewire.com/innovation-and-excellence-awards.html
About BOLT Solutions Inc.
BOLT® Solutions, Inc. (www.boltinc.com), the leading provider of digital distribution solutions to the P&C insurance industry, is helping insurers transform the way they sell and market their products to consumers and small business owners. Compatible with existing infrastructure, the BOLT PlatformTM provides a single interface that connects seamlessly with back-office systems and improves carrier reach through a vast market network of new products. Insurers gain the ability to bundle products from other carriers with their own, positioning them to meet all of the customer's needs without underwriting additional risk. Designed to connect carriers and their agents directly to consumers and small business owners, the BOLT Platform delivers the optimized solutions, and ideal experience customers expect today. BOLT is an Actua company (Nasdaq:ACTA).