July 11, 2014 6:52 AM ET

Internet Software and Services

Company Overview of BOLT Solutions Inc.

Company Overview

BOLT Solutions Inc. operates an online sales and client service platform for users to sell or buy insurance products. Its platform allows insurance agents, brokers, wholesalers, and carriers to serve the insurance needs of their customers. The company was formerly known as SeaPass Solutions Inc. and changed its name to BOLT Solutions Inc. in April 2013. BOLT Solutions Inc. was founded in 2000 and is based in New York, New York.

90 Park Avenue

Suite 1720

New York, NY 10016

United States

Founded in 2000

Phone:

212-608-4646

Fax:

212-898-1311

Key Executives for BOLT Solutions Inc.

Co-Founder
President and Director
Chief Financial Officer
Chief Operating Officer
Senior Vice President of Professional Services
Compensation as of Fiscal Year 2014.

BOLT Solutions Inc. Key Developments

Bolt Solutions and e2Value, Inc Partner to Add E2value Capabilities to Bolt Platform

BOLT Solutions, Inc. and e2Value, Inc. announced a partnership to enhance the Bolt Platform with e2Value's solutions. The e2Value capabilities are now available to current Bolt Platform customers and have been pre-integrated into the Platform for future customers. The Bolt/e2Value partnership is a direct result of the companies' common goal to enable the ideal customer experience and to make it easier for both customers and insurance companies to conduct business. The Bolt Platform includes the leading consumer and agency online quoting, binding and issuing technology, which was designed to ensure quality and speed of communication between insurers and their customers. The addition of the e2Value valuation solutions further enhances insurer/customer communications by: Providing homeowners a simple method to calculate the replacement cost value of their home--critical data when choosing the right coverage; Making it easier for consumers to complete a homeowners application by reducing the amount of information detail required; Delivering more accurate coverage quotes; and Enabling overall better customer service and satisfaction.

BOLT Solutions Inc. and DocuSign, Inc. Partner to Bring Digital Transaction Management to the Bolt Platform

BOLT Solutions, Inc. and DocuSign, Inc. announced a partnership to enhance the Bolt Platform with the addition of DocuSign's Digital Transaction Management platform and electronic signature solution. DocuSign DTM features are now available to Bolt Platform customers. The integration of DocuSign's DTM functionality into the Bolt Platform supports the companies' mutual goal to enable insurers to provide a fully digital transaction experience for customers and make it easier for consumers to shop for and buy insurance. Documents can be digitally prepared, electronically signed, and managed anywhere, at any time and from any device to help insurance agents and brokers finalize agreements faster, reduce costs and delight their customers. The combined Bolt/DocuSign solution enables customers like Citizens Property Insurance Company to eliminate all paper from the insurance buying process, while maintaining a complete audit history for more secure and compliant transactions.

Bolt Solutions Inc. Announces Introduction and General Availability of New Version of its Bolt Platform

BOLT Solutions Inc. announced the introduction and general availability of a new version of its Bolt Platform, designed specifically for insurers looking to go direct and to provide an omni-channel insurance shopping and buying experience. While the Bolt Platform has always offered a better way to buy insurance, the new capabilities and enhancements provide an even better customer experience. The Bolt Platform now offers: A redesigned user interface, including support for Bolt's Case Manager system, which automates workflow and content management for agencies, aggregators and wholesalers; The Bolt Platform now builds on the success of AngularJS and jQuery and offers responsive behavior across variety of desktop, tablet and mobile devices; Expanded third-party transaction based services, including e-signature, data-prefill, property valuation and predictive modeling; The addition of insurance aggregation and wholesaling capability through the acquisition and integration of SuperiorAccess; The addition of over 40 new markets, including more than 1,000 carrier, line of business and state product mixes; Increased capacity with over 100+ licensed agents in Bolt's direct to consumer call center.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 31, 2013
Superior Access Insurance Services Inc.
 

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