Bold Penguin News

Bold Penguin Partners with Ohio’s State Auto on Commercial Insurance

Bold Penguin, a commercial insurance technology provider, has added Columbus, Ohio-based State Automobile Mutual Insurance Co. (State Auto) to its platform, expanding its commercial auto insurance offering launched in March 2020. This integration allows users of Bold Penguin’s platform access …

Commercial Lines Insurtech Bold Penguin Acquires E&S Brokerage Tech Platform xagent

Bold Penguin, a commercial insurance exchange technology platform launched in 2016, announced it has acquired xagent, an independent, single-entry, multi-quote platform for standard and surplus lines business insurance market. Bold Penguin said the transaction will allow it to better serve …

Online Shopping Site EverQuote Adds Commercial Insurance Markets

Massachusetts-based online personal insurance marketplace EverQuote has launched a commercial lines marketplace in a new partnership with the technology platform provider Bold Penguin. EverQuote said it will use Bold Penguin’s terminal and exchange infrastructure to accelerate its path to market …

Commercial Lines Insurtech Bold Penguin Raises $32 Million in Latest Round

Bold Penguin, a Columbus Ohio commercial insurance technology provider, said it has completed a $32 million Series B funding round, bringing the total capital it has raised to more than $50 million since it started in 2016. The participation included …

Nationwide’s Digital Storefront Targets Small Business Market

Nationwide said it has formally launched a commercial insurance digital storefront targeted to small businesses. Small business owners will be able to use the site online directly to generate a quote and bind a policy, or do the same thing …

Nationwide Offers Independent Agents a Commercial Insurance Digital Storefront

Giant insurer Nationwide is partnering with an insurtech in an effort to speed up its product underwriting for commercial lines property/casualty agents. The technology Nationwide is deploying was developed by Ohio-based Bold Penguin. The portal offers real time commercial risk …

Ohio Insuretech, Bold Penguin, Appoints Metcalf as Chief Financial Officer

Bold Penguin, a Columbus, Ohio-based insurtech providing an online marketplace for commercial lines property and casualty (P/C) agents, has hired former Ohio Deputy Treasurer Seth Metcalf as the company’s chief financial officer (CFO). Most recently, Metcalf spearheaded several initiatives targeting …