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Bold Penguin

The Intersection of Agents and Technology.

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Overview

Bold Penguin operates a large-scale digital insurance exchange designed to streamline the process of quoting and binding commercial insurance. While their primary focus is commercial lines, their technology and workflows are relevant to businesses and larger agencies that handle a mix of products. The platform helps agents by providing a single point of entry for quote requests, which are then matched with the right carriers. This reduces the time and effort required to find coverage for clients.

✨ Key Features

  • Insurance Exchange Platform
  • Universal Quote Application
  • Agent Portal (Terminal)
  • Carrier and MGA Integration
  • Data Analytics and Insights
  • Rules-Based Underwriting Triage

🎯 Key Differentiators

  • Large and growing network of carriers
  • Focus on the agent and broker channel
  • Scalable and flexible platform

Unique Value: Provides a single, efficient platform for agents and brokers to quote and bind commercial insurance from a wide range of carriers.

🎯 Use Cases (4)

Efficiently quoting and placing small commercial policies. Standardizing the submission process for agents across multiple carriers. Enabling carriers to access a wider distribution network of agents. Although focused on commercial, the platform's principles apply to personal lines distribution.

✅ Best For

  • Processes millions of quote requests, connecting a vast network of agents and carriers.
  • Used by some of the largest insurance brokers and carriers in the US.

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Agencies focused exclusively on personal lines like standard homeowners insurance.
  • Individual agents looking for a simple personal lines comparative rater.

🏆 Alternatives

Tarmika Semsee CoverWallet Next Insurance

Offers a more agent-centric approach compared to some direct-to-consumer insurtechs.

💻 Platforms

Web API

🔌 Integrations

Various insurance carriers Agency Management Systems CRM systems API

🛟 Support Options

  • ✓ Email Support
  • ✓ Phone Support
  • ✓ Dedicated Support (Enterprise Subscription tier)

🔒 Compliance & Security

✓ SOC 2 ✓ GDPR ✓ ISO 27001 ✓ SSO ✓ SOC 2 ✓ ISO 27001

💰 Pricing

Contact for pricing

Free tier: N/A

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