Company Information

Get to know Bold Penguin

Bold Penguin is a technology company that develops a commercial insurance exchange, connecting agents, brokers, and carriers on a single, efficient platform. Founded in 2016, the company's mission is to reduce the time it takes to quote and bind commercial insurance from weeks to just minutes. Their suite of software products, including the Agent Terminal, Exchange, and Storefront, digitizes and simplifies the traditionally complex and manual underwriting process. In 2021, Bold Penguin was acquired by American Family Insurance, further solidifying its position and resources within the insurance technology sector.

Industry

Technology Software DevelopmentPRIMARY
Financial Insurance

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Bold Penguin

United States

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.