The collaboration marks a significant milestone for Cachet, extending its presence in the German market and solidifying its position as a leader in innovative insurance solutions for the mobility sector.
Through this partnership, Cachet will provide its comprehensive insurance technology platform to support Bolt Drive’s fleet operations. This marks the first time Cachet’s full platform, including its data-driven approach to risk management and tools to incentivize safe driving, will be utilized across all verticals in Germany.
The partnership comes as Germany emerges as a major player in the European shared mobility market. With the increasing demand for ride-hailing, delivery, and other on-demand transportation services, fleet owners are seeking innovative insurance solutions that can adapt to their evolving needs and help them manage the associated risks effectively. Cachet’s technology is uniquely positioned to address these challenges by providing flexible, data-driven insurance coverage that evolves alongside the changing demands of the mobility landscape.
Hedi Mardisoo, CEO and Co-Founder of Cachet, expressed her enthusiasm for the partnership: “Expanding alongside Bolt Drive, with the support of HDI Global SE, in Germany is a proud moment for Cachet and a testament to our commitment to redefining insurance for Europe’s platform economy.”
She went on to highlight the broader impact of shared mobility, saying: “Shared mobility is transforming urban transportation rapidly in Germany, and our solutions are designed to meet this evolution—enabling operators like Bolt Drive to scale with confidence and sustainability.”
Building on Successful Collaborations Across Europe
The partnership builds on Cachet’s successful collaboration with Bolt Drive in the Baltics and Czech Republic, extending into a new region together. By combining tailored coverage with real-time insights, Cachet is helping Bolt Drive to continue transforming fleet efficiency, safety, and scalability in Europe’s most competitive markets.
On the launch Diego Ramirez-Goelz, Regional Manager Central Europe at Bolt Drive, also remarked, saying: “Scaling car-sharing operations in Germany’s dynamic market demands flexibility and innovation. With Cachet’s data-driven solutions and the support of HDI Global SE, we’ve unlocked an insurance model that adapts to our needs and empowers safety. We’ve unlocked an insurance model that adapts to our needs and empowers safe, efficient operations. Building on our success in the Baltics and in the Czech Republic, this partnership ensures we can confidently operate in Germany, delivering smarter mobility that meets the evolving demands of our cities and users.”
A new step in Cachet’s European expansion
The partnership completes Cachet’s presence across Germany’s platform economy—from micromobility to gig work and now automotive.
Kalle Palling, COO and Co-Founder of Cachet called the move the “final piece of the puzzle” in the market and emphasized the significance of the collaboration. He said: “It’s proof of our ability to adapt to diverse operator needs across the platform lifestyle. By working with HDI Global SE, we’re enabling Bolt to operate with confidence in one of Europe’s most exciting markets, thanks to the power of adaptive insurance.”
