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Bold Penguin and AmTrust Expand Small Business Insurance Partnership

January 12, 2021 / Ankur Saini
SHARESHARESHARE

Bold Penguin, a quickly growing insurance innovation supplier, declares today a development of its association with top small business insurance supplier AmTrust. AmTrust joins a growing rundown of transporters on the stage that offer an inserted, completely computerized citing experience in laborers' remuneration inclusion for small businesses.

AmTrust, an innovator in advanced development, who united with Bold Penguin in Q2 2020, has extended its in-application restricting capacities on the Bold Penguin Terminal. The organization will use Bold Penguin's recently dispatched Terminal and Software Development Kit (SDK) items worked to control quicker and more precise citing in the small business insurance market for small business proprietors, specialists, and representatives.

"AmTrust is an incredibly forward-thinking organization," said Ben Clarke, co-founder and Chief Data Officer of Bold Penguin. "We are thrilled to work with their teams to expand our integrations, leveraging AmTrust's suite of APIs to build out more robust capabilities around data, underwriting, and user experience."

The Bold Penguin stage will likewise give a few AmTrust installment plan alternatives, remembering installment for full, portions and PAYO (pay-as-you-owe) and extend its specialized reconciliations with AmTrust's set-up of APIs to assemble extra endorsing and rating data around representative classes, for example, chiefs and officials.

"The Bold Penguin Terminal gives us the flexibility and speed needed to both supercharge our growth and customer experience," said Chris Foy, EVP & Head of North American Commercial for AmTrust. "Our customers and our agents will benefit from the digital efficiencies we're able to launch with Bold Penguin."

About AmTrust Financial Services, Inc.

AmTrust Financial Services, Inc., a multinational insurance holding company headquartered in New York, offers specialty property and casualty insurance products, including workers' compensation, business owner's policy (BOP), general liability and extended service and warranty coverage.

About Bold Penguin

Bold Penguin is where technology enhances the human touch in commercial insurance. With a heavy focus on agents, Bold Penguin upgrades the user experience for businesses, creates an easy tool for agents, and offers a streamlined process of underwriting for carriers. Bold Penguin was founded in 2016 by a group of entrepreneurs who spent their early days working with Allstate, Nationwide and Progressive alongside regional carriers and established insurance agencies.