MarketplacE Press Release 10/4/16
Allows agents and carriers to mine for risks Release
COLUMBUS, OHIO (PRWEB) OCTOBER 04, 2016
BOLD PENGUIN, a Columbus, Ohio-based startup, announced a new Risk Match Marketplace™ update to its agent portal today. Their flagship product is a commercial-focused insurance agent portal that is currently utilized by over 2,000 agents nationwide. This news precedes its public debut in Las Vegas at InsureTech Connect - one of the largest insurance technology gatherings in the country.
The Risk Match Marketplace™, which allows agents and carriers to mine for risks that match their specific appetite, now allows select partners to send risks that do not match out into the open market. Commercial Insurance carriers and agents can now focus on the risks and markets that they have a specific focus on while effortlessly finding a home for any by-catch. ‘Commercial insurance is a maze, not a race,’ said Ilya Bodner, CEO and founder of Bold Penguin. ‘We are helping businesses, agents, and carriers navigate that maze’, Bodner adds. For the carriers the platform helps target markets, verticals, products, and even SIC codes. Not only does this allow for proper growth in the agency channel, but also enables agents to place more of their business with the active carriers.
Bold Penguin has experienced incredibly fast growth, which has been fueled by the agent marketplace within the platform. ‘Imagine knowing exactly who your target customer is, how to reach them, and where to place them. That’s the power of Bold Penguin’s new Risk Match Marketplace™,’ said Ryan Buzzanca, the head engineer on the initiative.
Jay Weintraub, founder of InsureTech Connect added, "We are honored to have Bold Penguin choose our show as the place to debut the latest innovation in insurance. Commercial insurance isn't sexy, but it is clearly an area where digital tools can make the process easier. That's the theme of some of our breakout sessions this year".
To gain access both carriers and agents are encouraged to register for a demo at http://www.boldpenguin.com
About Bold Penguin:
Bold Penguin is where technology meets the human touch in commercial insurance. With a heavy focus on the agents, Bold Penguin pushes the boundaries of user experience for businesses, an easy tool for agents, and a streamlined process of underwriting for carriers. Founded by a group of entrepreneurs who spent their early days working with Allstate, Nationwide, Progressive, regional carriers and established insurance agencies.
About InsureTech Connect:
InsureTech Connect is the world's largest gathering of insurance technology entrepreneurs, investors, and insurance industry executives. InsureTech Connect is brought to you by NextCustomer.com, creators of industry leading gatherings including LeadsCon, acquired by Access Intelligence, Grow.co, Gaming Insiders, and Contact.io.