Rokk3r Announces Acquisition of Bullfrog Ventures
Rokk3r, a global idea-to-exit consulting services company that leverages exponential technologies to generate value, today announced its acquisition of Bullfrog Ventures , an incubator specializing in insurance and Insurtech capabilities delivery, and the creation of a new division, Rokk3r Insurtech, aimed at addressing the insurance industry’s digital transformation for greater customer experience, as well as business and operational efficiencies.
Bullfrog was founded in 2016 with a clear mission: to accelerate the transition of insurance solutions to be more predictive and preventive, reducing material damages and improving people’s lives. Bullfrog’s Insurtech Portal, formed in partnership with Chubb Latin America, includes more than 80 Insurtechs and is complemented by international relationships with the Luxembourg House of Fintech. Bullfrog’s Platform includes 16 well curated Insurtechs that deliver substantial transformation to clients. This includes capabilities provided by Boxx Insurance, a premier international cyber-insurance solution; Likk Technologies, the best IoT water leakage prevention platform; WeeCompany, an end-to-end digital healthtech platform; and Conciliac, a powerful data automation solution, among others. Bullfrog serves markets in the North and Latin American regions; clients include large multinational companies, such as SURA, QBE and Global Excel Management, as well as very important local players like Unnio Seguros Generales in Chile who are differentiating themselves through innovative solutions delivered by Bullfrog.
“We are excited to bring Bullfrog’s international insurance experience and Insurtech technologies together with Rokk3r’s venture building expertise and co-build capabilities. We believe our combination can accelerate the pace of change for the insurance industry as we leverage Rokk3r’s platform to reach more clients, enable faster digital transformations, increase competitive agility, and deliver cost effectively.” – Cofounder and CEO of Bullfrog, and Rokk3r Insurtech Managing Director, Hilario Itriago.
“This acquisition exemplifies our commitment and focus on driving disruptive technologies to accelerate growth. We believe the insurance industry is ripe for innovative solutions. Under Rokk3r Insurtech, we look forward to leveraging our combined technologies and capabilities to deliver unique value propositions that will lead the Insurtech and consulting space across emerging and developed markets.” – Rokk3r CEO Nabyl Charania.
