BOLD PENGUIN

Bold Penguin | September 23, 2019

Bold Penguin, a commercial insurance tech provider headquartered in Columbus, Ohio, today announced that it has secured $32 million in a series B funding round, bringing its total raised to over $50 million. Growth equity firms Hudson Structured Capital Management, Lightstone, Guggenheim Insurance, and Lockton participated, along with existing investors and individuals from Stone Point Capital. CEO Ilya Bodner said the capital will accelerate research and development by way of growing Bold Pengu...

Bold Penguin | November 22, 2019

Insurtech provider Bold Penguin has announced it is expanding the coverage capabilities of its platform through an integration with CNA, one of the largest commercial property-casualty insurers in the country. The integration enables agent and broker users of the platform to triage, quote and bind commercial insurance coverages through an API integration that is three times faster than traditional means, Bold Penguin said. “Efficiency is key in quoting small commercial,” said Ilya Bo...

Insurance Business Magazine | January 16, 2020

Insurance start-up battleface, which provides travel insurance for unconventional travelers worldwide, has announced that it has successfully closed a seed funding round with backing from strategic and venture capital investors. Fintech Ventures Fund has invested in battleface, joining Greenlight Re and Tangiers Group. The investment will be used to expand software development, hire sales and business-development personnel, and expand battleface’s global reach, the company said. “We ...

Aon | January 15, 2020

Global insurance brokerage and professional services firm Aon has officially completed its acquisition of CoverWallet, a US-domiciled digital insurance platform for small and medium-sized enterprises (SMEs). Now finalized, the deal enables Aon to expand its position in the fast-growing commercial insurance market for SMEs. The brokerage giant will also be able to leverage CoverWallet’s technology and data & analytics capabilities to develop and scale innovative digital client experienc...