Insurtech provider Bold Penguin has announced it is expanding the coverage capabilities of its platform through an integration with CNA, one of the largest commercial property-casualty insurers in the country.
The integration enables agent and broker users of the platform to triage, quote and bind commercial insurance coverages through an API integration that is three times faster than traditional means, Bold Penguin said.
“Efficiency is key in quoting small commercial,” said Ilya Bodner, founder and CEO of Bold Penguin. “By welcoming additional key carriers to our platform, we’re allowing them and their distribution partners to radically reduce the number of screens, portals and access points necessary to get a quick and accurate result while preserving the values of the process.”
CNA has expanded its capabilities in the integration to offer workers’ compensation and business owners policy coverages.
“CNA continues to invest in game-changing technology to streamline and support the independent agency distribution channel,” said Wes Sprinkle, senior vice president of small business for CNA. “Partnering with Bold Penguin strengthens our mission to deliver the coverage and service that agents and small businesses need to succeed.”