Overview
mTek is a digital insurance distribution platform serving consumers and businesses in Kenya and East Africa. The platform allows users to compare quotes, purchase policies, and manage coverage across motor, health, life, phone, and travel insurance products sourced from over 45 integrated insurers.
The platform operates as both a direct consumer channel and a white-label B2B2C solution for banks, brokers, agents, and corporate partners. mTek offers REST API integration and a white-labeled web interface, enabling businesses to embed insurance products into their own services. AI and machine learning capabilities support underwriting, claims processing, and customer experience across the platform.
Founded in 2019, mTek grew to more than 350,000 registered customers before being acquired by Singapore-based insurtech bolttech in December 2025. Prior to the acquisition, the company raised USD 5.76M across a Series A and a subsequent growth round. The existing leadership team, including CEO Bente Krogmann, continues to oversee East Africa operations under bolttech.
Products & Services
Digital Insurance Distribution Platform
A fully digital, end-to-end distribution platform integrating general and life insurance products from 45+ insurers. Customers can compare quotes, purchase policies immediately or through installment plans, and file claims online without paper-based processes.
Key Features
- Multi-insurer quote comparison across motor, health, life, phone, and travel products
- Flexible payment options including installment-based purchasing
- Digital claims filing and policy management
- B2B2C distribution capabilities for banks and corporate partners
Target Users: Individual consumers, insurance agents, brokers, banks
White-Labeled Solutions
Customizable technology enabling businesses to deploy branded insurance platforms or embed insurance offerings into their products and services. Available via REST API integration or a white-labeled web interface.
Key Features
- API integration for embedded insurance use cases
- White-label web interface for partner-branded deployments
- Configurable product sets from 45+ insurer integrations
Target Users: Banks, brokers, corporate partners, strategic distributors
AI-Powered Operations
Machine learning capabilities embedded in the platform to support operations across the insurance value chain, from underwriting to claims handling and customer experience.
Key Features
- AI-driven process automation for claims and underwriting workflows
- Machine learning for customer experience personalization
- Real-time data processing across policy lifecycle events
Target Users: Internal operations, insurer partners
At a Glance
- Founded
- 2019
- Headquarters
- Nairobi, Kenya
- Employees
- 11-50
- Funding
- Acquired
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Embedded Insurance Digital Storefront Quote-to-Bind
- Insurance Verticals
- P&C Personal Health Life & Annuity Specialty/E&S
- Target Customers
- Carriers, Brokers, Agents/Agencies, Consumers
Customers
- GA Insurance
- Sanlam
- Britam
- Mastercard (embedded insurance partnership)
Links
Similar Companies
-
MyCaribuMexico's first telematics-based comparative rater for auto insurance -
MMyLife OmniAI-powered insurance product search and comparison for APAC advisors and brokers
-
MonCoverVietnam's digital insurance platform for comparison, purchase, and embedded distribution -
MMomiLife insurance and investment-linked products for Vietnamese consumers
-
Modern LifeAI-powered life insurance platform for advisors
-
MinaleaAI-powered market intelligence and sales assistance for insurance distribution
Last updated: 2026-06-14