Stellantis Partners with bolt to Enable Insurance Purchase to Auto Owners

Access to bolt’s technology will enable Stellantis customers to purchase auto insurance through Stellantis brand websites and mobile apps with a panel of insurers’ products. 

(Image source: Stellantis website.)

Stellantis Financial Services US (San Francisco), the captive automotive finance company of Stellantis in North America, has announced a new partnership with bolt (New York), the InsurTech that boasts the world’s largest technology-enabled insurance exchange, to support customers of Chrysler, Dodge, Jeep , Ram, Fiat, and Alfa Romeo. bolt’s technology will enable Stellantis customers to purchase auto insurance through Stellantis brand websites and mobile apps with a panel of insurers’ products.

Mark Buffa, Managing Director, Insurance, Stellantis Financial Services US.

Through the partnership, the automotive insurance purchasing journey will be simplified and personalized, with custom coverage options available through multiple distribution channels. The offering will scale to include usage-based choices through the use of telematics, data and analytics.

“Stellantis customers today want choice, context, and simplicity when selecting their auto insurer,” comments Mark Buffa, Managing Director, Insurance, Stellantis Financial Services US. “It’s important that insurance offerings keep up with customer demands. Partnering with bolt and their established insurer partners, we’re confident that customers and their vehicles will be better protected.”

Affordable Insurance and Accident Management Solutions

Edouard de Lamarzelle, CEO, Stellantis Insurance.

“We are thrilled with this new partnership which reflects the Stellantis strategy to provide affordable insurance solutions and accident management solutions,” comments Edouard de Lamarzelle, CEO, Stellantis Insurance.

Stellantis says it is focused on developing, engineering, manufacturing and scaling the best breakthroughs in all facets of sustainable mobility.

Ambitious Vision of Enhancing CX through Access to Insurance

Rob Bauer, Chief Strategic Growth Officer, bolt.

“Stellantis has an ambitious vision for how insurance can enhance their customers’ experience,” comments Rob Bauer, Chief Strategic Growth Officer, bolt. “We’re honored to join Stellantis on this multi-year journey and help write the future of embedded insurance.”

By bridging the gap between all parties in the insurance ecosystem, bolt says it is developing modern methods of delivering insurance to customers at the point of need. bolt has grown its platform to include more than 100 insurance providers, including eight of the top 10 property and casualty insurers in the United States. With more than US$50 billion in quoted premiums on the platform annually, bolt offers over 6,000 insurance product variations and has licenses across all 50 states.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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