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Bold Penguin

boldpenguin.com

Founded Year

2016

Stage

Acquired | Acquired

Total Raised

$50M

About Bold Penguin

Bold Penguin is the insurtech company that rapidly increases speed-to-bind for commercial insurance. On January 14th, 2021, Bold Penguin was acquired by American Family Insurance. The terms of the transaction were not disclosed.

Headquarters Location

100 E Broad St. 15th Floor

Columbus, Ohio, 43215,

United States

614-699-2114

Bold Penguin's Product Videos

ESPs containing Bold Penguin

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Insurance / P&C Insurance Tech

Companies in this market connect agents/brokers with insurance companies to get their customers the right insurance coverage in an efficient and digital manner.

Bold Penguin named as Leader among 12 other companies, including Indio Technologies, Relay, and Talage.

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Bold Penguin's Products & Differentiators

    Bold Penguin Terminal

    Digital user interface for quoting small commercial insurance

Expert Collections containing Bold Penguin

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Bold Penguin is included in 2 Expert Collections, including Insurtech.

I

Insurtech

4,131 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

7,750 items

US-based companies

Latest Bold Penguin News

Bold Penguin’s Digital Solutions Empower SMB Adjacent Partners

Feb 3, 2023

February 3 2023 Bold Penguin’s Digital Solutions Empower SMB Adjacent Partners Bold Penguin  recently announced a partnership with digital insurance wallet  Marble , enabling Marble’s small and medium-size business (SMB) customers to seamlessly access, manage, and control their commercial insurance needs. Bold Penguin’s leading digital solution platform simplifies small commercial insurance for agents, brokers, and carriers. Marble’s digital wallet solution acts as an inclusive hub for insurance management. This partnership is powered by Bold Penguin’s  Storefront  and  Exchange  products, allowing Marble users to manage their commercial insurance and access the right coverage that fits their needs. In addition to benefiting those users, it also allows Bold Penguin’s new and existing Terminal and Exchange partners to gain access to a greater number of new qualified prospects from the Marble platform. “Adjacent partnerships are a natural extension of our core value proposition, as we make it easy for channel partners to do more by offering access to insurance solutions for their customers,” stated Mario Ramos, Bold Penguin’s Vice President of Partnerships. “The partnership with Marble will enable us to continue investing in the SMB ecosystem, ultimately making business insurance simple for everybody. We are thrilled to align ourselves with their mission and can’t wait to see what we will accomplish together.” As Marble adopted a holistic view of their members’ needs, offering small commercial insurance solutions for the approximately 32 million SMB owners in the US became a natural extension of their product offering. “When we started, the Marble team was very focused on personal lines insurance and helping individual policyholders protect their households, save money, and optimize coverage. Last year though, we heard small business owners and operators loud and clear. They are also eager to manage their commercial policies digitally, centrally, and securely — in the same way as individual policyholders. We want Marble to be their one-stop-shop for all things insurance, and it was a no-brainer to start tackling that by partnering with Bold Penguin.”says Matt Donofrio, Marble’s Head of Partnerships. The new partnership comes at a critical time for SMBs, looking for trusted agents to help them identify and cover their business insurance needs. Partnerships like this will help fill this market need and give business owners the ability to obtain the right coverage at the right price in a much more efficient way. Insurtech Fintech Fintech Insurtech Fintech

Bold Penguin Frequently Asked Questions (FAQ)

  • When was Bold Penguin founded?

    Bold Penguin was founded in 2016.

  • Where is Bold Penguin's headquarters?

    Bold Penguin's headquarters is located at 100 E Broad St., Columbus.

  • What is Bold Penguin's latest funding round?

    Bold Penguin's latest funding round is Acquired.

  • How much did Bold Penguin raise?

    Bold Penguin raised a total of $50M.

  • Who are the investors of Bold Penguin?

    Investors of Bold Penguin include American Family Insurance, Guggenheim Partners, Lightstone Ventures, Lockton, Hudson Structured Capital Management and 5 more.

  • Who are Bold Penguin's competitors?

    Competitors of Bold Penguin include Fenris , App Orchid, Groundspeed Analytics, Amenity Analytics, omni:us, Highwing, CogniSure, Atidot, EasySend, Nexben and 55 more.

  • What products does Bold Penguin offer?

    Bold Penguin's products include Bold Penguin Terminal and 4 more.

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