Bold Penguin announces Risk Match Marketplace for commercial insurance; launching access to key agent partners

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.

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.

To gain access both carriers and agents are encouraged to register for a demo at http://www.boldpenguin.com