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Bold Penguin expands commercial platform

Bold Penguin expands commercial platform

Bold Penguin Inc. has added commercial auto insurance to its online commercial insurance platform, the Columbus, Ohio-based company announced Wednesday.

Platform users will be able to see auto insurance quoted alongside other types of coverage, such as general liability and workers comp, through a single application, the company said in a statement.

Commercial auto represents 12% of the $100 billion small commercial market comprising 30.2 million small businesses in the U.S., the statement said.

Commercial auto coverage “was in high demand from our existing broker partners,” Ilya Bodner, founder and CEO of Bold Penguin, said in the statement, adding the company “will be expanding commercial auto options and continuing our expansion into E&S.”

Nationwide Mutual Insurance Co. has integrated commercial auto into its commercial digital storefront tool with Bold Penguin, Mark Berven, Nationwide property & casualty president and COO, said in the statement.