Hub and Bold Penguin to Buy Insureon

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Hub International Limited, a leading global insurance brokerage and financial services firm, in partnership with Bold Penguin, Inc., an insurtech innovator, announced today that they have agreed to acquire the assets of Insureon Holdings, LLCĀ  and its affiliates. Pending the closings of two separate transactions, Hub will acquire the Insureon digital insurance agency and brand… Continue reading Hub and Bold Penguin to Buy Insureon

Commercial Insurtech Bold Penguin Joins American Family

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Madison, Wisconsin-based American Family Insurance Mutual Holding Company (American Family) today continued its innovative and collaborative approach to serving customers, this time focusing on small businesses with the acquisition of Insurtech company Bold Penguin. Bold Penguin, based in Columbus, Ohio, is a technology company that simplifies and quickens the often complicated and time-consuming process of… Continue reading Commercial Insurtech Bold Penguin Joins American Family

Bold Penguin Acquires RiskGenius

Bold Penguin, a rapidly growing commercial insurance technology provider, announces today it has entered into a definitive agreement to acquire RiskGenius, a pioneer in insurance document intelligence software. The acquisition will add RiskGenius’s data and analytics products, as well as the team, to Bold Penguin’s existing SaaS platform. This is Bold Penguin’s second InsurTech acquisition… Continue reading Bold Penguin Acquires RiskGenius

Insurtech Bold Penguin Announces Acquisition of xagent to Better Serve Commercial Insurance Market

Bold Penguin today announced its acquisition of xagent, an independent, multi-quote platform for standard and surplus lines business insurance market. This acquisition will enable Bold Penguin to better serve Insurance Carriers, Brokers and Agents through increased scale and a single choice in the market, while maintaining its commitment to simplifying the commercial insurance process. The… Continue reading Insurtech Bold Penguin Announces Acquisition of xagent to Better Serve Commercial Insurance Market