Scout Security Teams with Bolt to Launch Water Sensors Across US Insurance Market

Strategic Partnership with Bolt

Scout Security Limited (ASX – SCT) has taken a significant step into the burgeoning insurtech sector by signing a Master Services Agreement with Bolt Solutions Inc., a global leader in insurance technology. This partnership will see Scout supplying white-labelled water sensor kits through Bolt's Prevention Technology program, targeting insurance policyholders in key US states such as California and Florida.

The collaboration aims to reduce costly water damage claims by enabling early leak detection, which in turn allows policyholders to benefit from substantial premium discounts. Bolt, which has experienced 30% year-on-year growth and covers tens of thousands of customers, will deploy these sensors via its extensive affiliate network.

Validation of Roo Inc. Acquisition

This deal also serves as a commercial validation of Scout’s recent acquisition of Roo Inc., whose established insurtech relationships were instrumental in originating the opportunity. Scout’s expertise in white label security platforms complements Roo’s device-centric approach, creating a synergy that has already borne fruit with this agreement.

Scout CEO Ryan McCall highlighted the strategic importance of this partnership, noting it as a “win-win” for both insurers and policyholders. The integration of Scout’s cloud infrastructure with Roo’s market reach positions the company well for further expansion within the insurtech space.

Revenue and Growth Prospects

While the initial hardware order has secured a US$48,000 deposit, Scout anticipates generating recurring revenue from monthly monitoring and service fees tied to active sensor systems. Although the exact revenue potential remains uncertain at this early stage, the agreement’s structure allows for scalability across Bolt’s broader affiliate network beyond the initial states.

This partnership marks Scout’s first foray into the high-growth insurtech market, leveraging its award-winning security platform to deliver innovative risk mitigation solutions. The move aligns with broader industry trends where technology-driven prevention is becoming central to reducing insurance claims and costs.

Looking Ahead

With all material conditions met, Scout and Bolt are poised to commence sales early in the first quarter of 2026. The partnership’s success could open doors to further collaborations and expanded deployments, potentially transforming how insurers manage water damage risks across the US.