Singapore-based insurtech firm bolttech has appointed Ridhi Chaudhary, Chief Investment Officer of Dragon Fund by Liquidity and MUFG, to its Board as a Non-Executive Director.

This follows bolttech’s recent Series C funding round led by Dragon Fund, the firm said in a statement on Monday.

According to the statement, Chaudhary’s extensive experience in driving growth through technology investments, coupled with over a decade of expertise in private equity across sectors such as technology, healthcare, and sustainability in Singapore, India, and the United States, will be invaluable in advancing bolttech’s efforts to expand its platform capabilities and global reach.

Her insights will support bolttech as it works towards its goal to make insurance more tailored, accessible, affordable, and convenient for customers.

“We are delighted to welcome Chaudhary to our Board at this pivotal stage of our growth journey,

“Her diverse experience advising high-growth companies across fintech, health-tech, and other sectors will bring valuable insights to bolttech as we continue to scale,” said Rob Schimek, Group Chief Executive Officer, bolttech.

“As lead investor in our Series C funding round, Dragon Fund has been a strong supporter of the impact of bolttech’s work, reinforcing our commitment to reshaping the insurance industry through technology and innovation,” he added.

Meanwhile, Ridhi Chaudhary added that bolttech has established itself as a leading force in the insurtech space, leveraging its innovative, technology-driven ecosystem to deliver tailored and accessible insurance solutions across diverse sectors.

“I’m impressed with the caliber of the team, and the strength of bolttech’s partnerships, as they work to make protection more seamless and accessible for customers worldwide,

“I am honoured to join their Board and look forward to contributing to bolttech’s continued growth,” she added.

Bolttech is a global insurtech firm aims to build the world’s leading, technology-enabled ecosystem for protection and insurance.

The firm serves customers in more than 35 markets across Asia, Europe, North America, and Africa.

With a full suite of digital and data-driven capabilities, it powers connections between insurers, distributors, and customers to make it easier and more efficient to buy and sell insurance and protection products.

Launched in 2023, Dragon Fund is an equity investment platform that invests globally in growth-stage technology and technology enabled companies.

The platform leverages Liquidity‘s proprietary technology in its investment process and MUFG’s extensive global network.

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