Bold Penguin, an InsurTech startup and commercial insurance technology provider, said it has expanded access to its portal that helps users triage, quote and bind commercial insurance.
The company’s Agent Terminal had previously only been open to Top 100 Brokers. Now, Bold Penguin said, it is available in all 50 states across most business categories. Coverage types include most common inquiries in general liability, workers compensation, professional liability, business owner’s policy (BOP) and bonds.
The Agent Terminal gives agencies “an innovative, rules-based tool to write commercial insurance quickly, accurately and more profitably than previously possible,” Bold Penguin said in its description of the technology.
Bold Penguin noted that its commercial insurance digital storefront technology has been recently adopted by Nationwide, Attune, Hiscox, CNA and other leading carriers. The company claims that the technology to date has helped handle over 950,000 small to midsize businesses get a commercial quote.
The company will showcase its Agent Terminal at the upcoming InsureTech Connect conference in Las Vegas, Sept. 23-25.
Source: Bold Penguin