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Digital specialty wholesale broker Pathpoint Inc. said Thursday that it would partner with Bold Penguin Inc. to bring Pathpoint’s nonadmitted products to Bold Penguin’s online platform.
Pathpoint will offer its general liability coverage for small businesses including contractors, lessor’s risk only, vacant property, and restaurants on the Bold Penguin platform, the statement said Thursday. Limits of $2 million are available.
Jim Struntz, Bold Penguin chief operating officer, said in the statement the deal allows Bold Penguin to move beyond admitted market products.
Bold Penguin Inc., a Columbus, Ohio-based online insurance exchange, said Tuesday it has acquired analytics and software company RiskGenius.