The partnership pairs two giants in the insurance realm in the form of Bold Penguin, which is renowned for its innovative insurance solutions, and Next Insurance which is celebrated for its tailored liability products.
Additionally, this venture serves as a golden opportunity for agents on the lookout for expansive markets, facilitating a seamless sub-appointment process with Next via Bold Penguin.
Next Insurance has made a significant mark in the insurance industry, boasting a robust clientele of over 490k. Since its inception in 2016, Bold Penguin has shown remarkable growth, handling more than 5 million quote applications.
This symbiotic partnership does not only cater to end-users but also significantly empowers agents. It promises them an efficient avenue to access wider markets and bolster their portfolio through sub-appointments.
The two firm’s have achieved great success previously, Next Insurance has successfully catered to the needs of nearly half a million customers, and Bold Penguin’s influence is evident in the over 5 million quote applications they’ve processed since their establishment.
Bold Penguin VP of Carrier Operations Nicole Farley said, “Our partnership with NEXT Insurance was a natural fit from the beginning. Our mutual goals of empowering small business owners, and the agents that serve them, is a win-win for all parties. Expanded coverage options will be an invaluable resource for our users, especially in regard to quoting and binding in current hardening market trends, and beyond.”
Next Insurance VP of Agent Business Jack Ramsey said, “At the start of the year, NEXT set out to reaffirm its commitment to agents by providing them the tools and product capabilities to help them grow their businesses. We are excited about this partnership with Bold Penguin, as the integration of its technology and NEXT’s digital underwriting will allow agents to find the best policies for their customers more quickly and with significantly less effort.”
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