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mTek

Digital insurance platform for East Africa

Distribution & Sales Growth Acquired
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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)

Last updated: 2026-06-14