Insurtech Bold Penguin boosts insurance exchange with AmTrust

US-based commercial insurance technology company  Bold Penguin has strengthened its insurance exchange with the integration of workers’ compensation coverage from AmTrust Financial.

AmTrust offers a wide range of coverage options for more than 350 business classes. The company’s newly launched integration with Bold Penguin will allow more agents and brokers to access this insurance coverage.

Chris Foy, EVP and head of North American commercial for AmTrust, said: “Bold Penguin is a partner who truly shares our commitment to innovation in small business insurance. The industry is evolving at a rapid pace and AmTrust is excited to provide independent agents with custom coverage options and AmTrust products through the Bold Penguin platform.”

Ilya Bodner, founder and CEO of Bold Penguin, said: “As the largest commercial insurance exchange, we’re laser-focused on connecting agents and carriers in record time. Our integration with AmTrust will strengthen our Workers’ Compensation offerings for our platform users. The speed at which AmTrust executed has truly been remarkable.”