Singapore-based insurance intermediary businesses AVA Insurance Brokers and AVA Insurance Agency have been renamed to bolttech Insurance Brokers and bolttech Insurance Agency, respectively, following the firms’ acquisition by bolttech in February.
AVA was founded by Michael Chew in 2007, and it offers products in personal lines and commercial lines, as well as well as several specialty covers.
bolttech said that rebranding AVA enhances its insurance exchange proposition by working with Singapore business partners and customers to make buying and selling insurance easier.
The renaming of the businesses will have no impact on AVA’s service or offerings to its partners and customers, bolttech said. All existing services and agreements will remain in place.
“By combining AVA’s local expertise with bolttech’s world-leading insurtech capabilities, we remain committed to growing our proposition in Singapore together as a bolstered team,” said Yen Yen Koh, general manager of bolttech Singapore. “We are excited about the opportunities ahead to offer insurance and agency partners technology-driven and innovative ways to connect individual and corporate customers with the protection they need.”
