# Rob Schimek

> Rob Schimek is the Singapore-based founder and Group Chief Executive Officer of bolttech, an international insurance technology business launched in 2020. A CPA and Rider University graduate with an MBA from Wharton, he previously worked at Deloitte for 18 years, led AIG insurance businesses and served as FWD Group’s managing director and group chief operating officer. His public story also includes endurance competitions, university teaching and a $1 million scholarship gift with his wife, Janet, honoring two early mentors.

- **Role:** Founder and Group Chief Executive Officer at bolttech
- **Organizations:** bolttech, FWD Group, AIG, Deloitte & Touche, Rider University
- **Nationality:** American
- **Education:** Associate degree, Bucks County Community College, Bachelor of Science in Commerce; business administration and accounting, Rider University, Master of Business Administration, The Wharton School, University of Pennsylvania
- **Known for:** Founder and Group CEO of bolttech, launched in 2020., Previously president and CEO of AIG’s worldwide commercial insurance businesses., Certified public accountant with an MBA from Wharton.

## Career timeline

- **1987** — Graduated from Rider University and began his career at Deloitte after a senior-year internship.
- **1987–2005** — Worked at Deloitte & Touche for 18 years and became a partner serving financial-institution clients.
- **2005** — Joined AIG in a senior property and casualty finance role; subsequently led EMEA, Americas and global commercial insurance businesses.
- **2014** — Joined Rider University’s Board of Trustees.
- **2017** — Elected chairman of Rider University’s Board of Trustees.
- **2018** — Joined FWD Group as managing director and group chief operating officer; moved to Singapore.
- **2019** — With Janet Schimek, announced a $1 million Rider gift creating endowed scholarships honoring Barry Ashmen and Dennis Wasniewski.
- **2020** — Launched bolttech with the founding team.
- **2021** — bolttech reached unicorn status.
- **2025** — bolttech closed a $147 million Series C at a $2.1 billion company valuation.

## Achievements

- Founder and Group CEO of bolttech, launched in 2020.
- Previously president and CEO of AIG’s worldwide commercial insurance businesses.
- Certified public accountant with an MBA from Wharton.
- With his wife, funded two endowed Rider scholarships through a $1 million gift announced in 2019.
- Received Rider’s Distinguished Alumnus Award in 2017 and was recognized in its Accounting Hall of Fame.
- Developed a Chartis co-op programme offering more than 30 Rider accounting and finance students annually work experience in New York.
- Participated in the Ironman World Championships and polar marathon events.

## Latest updates

- **2026-10** — An Insurtech Insights partner case study published October 13 described bolttech as operating in more than 39 countries and facilitating over $85 billion in quoted premiums as of mid-2026; these are platform activity figures, not revenue.
- **2026-01** — Discussed the protection gap, embedded insurance, collaboration and AI on Oliver Wyman’s Reinventing Insurance podcast; bolttech published its recap on January 30.
- **2025-06** — bolttech closed its $147 million Series C at a $2.1 billion valuation, adding Sumitomo Corporation and Iberis Capital; Sumitomo also entered a joint venture with bolttech.

## Links

- Website: https://bolttech.io/
- LinkedIn: https://www.linkedin.com/in/rob-schimek-59b37a1/

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Profile page: https://yespress.io/rob-schimek
Published by YesPress — https://yespress.io
Last updated: 2026-10-21