bolttech and Bold Penguin enter global strategic partnership. Sep 30, 2026, 19:49 ET Recognized insurtech leaders to develop joint commercial and personal lines offering, serving agents, insurers and embedded partnerships with a seamless digital experience LAS VEGAS, Sept. 30, 2026 /PRNewswire/ - Today, award-winning AI-enabled insurance distribution platforms Bold Penguin and bolttech announce a global strategic partnership to create a joint commercial and personal lines offering for agents, insurers and embedded partnerships in the U.S., Europe and Asia. bolttech is a leading global insurtech operating in 39 countries and four continents, focused on innovative and AI-led insurance distribution. Bold Penguin focuses exclusively on commercial lines and operates the premiere distribution network and digital exchange with its advanced technology, innovative partnerships, and digital & AI solutions. The global collaboration will support customers across personal and commercial lines distribution by bringing together complementary capabilities into a unified offering. Joining forces will leverage and accelerate both companies' roadmaps, allowing each to deepen focus on their strengths while enabling customers to take full advantage of the connections and capabilities of the combined platforms. * Bold Penguin provides a commercial lines digital exchange, data & AI services through "DeX ai", and an integrated commercial carrier network. * bolttech provides access to insurance and protection services across commercial and personal lines, AI-enabled workflows, and global insurance distribution expertise. Both companies bring unrivaled scale, expertise, innovation and R&D capabilities to the partnership. Rob Schimek, Group Chief Executive Officer, bolttech said: "Bold Penguin is the leading commercial insurance distribution platform. Their submission automation, AI-powered underwriting workflows and commercial orchestration platform complement our technology capabilities, personal lines expertise, and insurance ecosystem globally. Together, we can deliver a more seamless, connected insurance experience for distribution partners and customers around the world." Peter B Settel, President and CEO, Bold Penguin said: "We have great awareness and respect for bolttech's mission to address the global protection gap. The work Rob and team have done leading in embedded distribution and building the most globally scaled insurtech make them the perfect partner for us to join with and offer our shared customers truly unique options and solutions. While we expand globally, we will also now offer Bold Penguin's US customers bolt's personal lines solutions through a single interface." About Bold Penguin Bold Penguin is a leading integrated digital solution platform dedicated to simplifying commercial insurance. Our technology makes the quote and bind process quick, effortless, and profitable for all parties - agents, brokers, and carriers. Bold Penguin's innovative product suite has digitized and transformed a slow, manual process resulting in reduced costs, increased efficiency, and better overall outcomes. About bolttech bolttech is a global insurtech with a mission to build the world's leading, technology-enabled ecosystem for protection and insurance. bolttech serves customers in 39 markets across Asia, Europe, North America, and Africa. With a full suite of digital and data-driven capabilities, bolttech powers connections between insurers, distributors, and customers to make it easier and more efficient to buy and sell insurance and protection products. SOURCE bolttech

Thimble and Bold Penguin introduce ai-powered tool to make insurance quoting easier. Published: 29 Sep 2026 September 2026, Thimble and Bold Penguin launched an AI-powered integration to make small business insurance quoting faster and more efficient. This technology links the two platforms, letting AI agents share information and help with quoting and binding through automated workflows. The target is to cut down on repetitive tasks for insurance professionals and promote brokers involved in chief customer and coverage decisions. It shows the insurance industry's growing interest in using AI to boost efficiency while keeping people in control. By bringing these platforms together, the integration could make it easier for brokers, insurers, and small business customers to work together. Impact on the life insurance sector. The global life insurance market size was estimated at USD 8.25 trillion in 2025 and is predicted to increase from USD 9.01 trillion in 2026 to approximately USD 19.36 trillion by 2035, expanding at a CAGR of 8.9% from 2026 to 2035. According to Precedence Research, the rising expansion of the middle class in emerging sectors might result in greater use of AI in the insurance sector, particularly in the areas of commercial quoting and policy processing. Insurers could experience a decrease in the number of manual procedures and faster sharing of information between different platforms. When these technologies develop further, businesses will need to find better methods for ensuring data accuracy, security, compliance, and accountability. This transition indicates a trend towards AI systems that carry out specific insurance tasks and provide information. Impact on the insurance brokerage sector. The global insurance brokerage market size was estimated at USD 342.92 billion in 2025 and is predicted to increase from USD 374.50 billion in 2026 to approximately USD 818.12 billion by 2035, expanding at a CAGR of 9.08% from 2026 to 2035. According to Precedence Research, due to consumer demand for customized insurance plans, insurance brokers may spend less time on repetitive quoting and navigating systems. Faster workflows could assist brokers in responding more quickly to small business clients. With automated communication between platforms, brokers can handle customer requests more quickly and focus on coverage discussions and building relationships. Additionally, brokers will need to check information carefully and make sure automated processes lead to accurate quotes and the right coverage choices. Impact on the insurtech sector. The global insurtech market size is calculated at USD 36.05 billion in 2025 and is predicted to increase from USD 50.03 billion in 2026 to approximately USD 739.69 billion by 2035, expanding at a CAGR of 35.27% from 2026 to 2035. According to Precedence Research, small businesses may find it easier and faster to buy insurance as AI helps move quoting information between platforms. Quicker workflows could mean less waiting and make it simpler for customers to get insurance options from their brokers. This technology may be especially helpful for straightforward commercial risks. Still, the benefits for customers will depend on having accurate information, good coverage choices, fair prices, and the right amount of human involvement during the process. Expert opinion. From an expert point of view, this development marks a key step in how the insurance industry is using AI. Instead of just acting as a separate assistant, this integration shows that automated systems can help across diversified insurance platforms. For brokers, the main advantage could be having more time to focus on customers by replacing routine tasks. Its real value will depend on whether it can reliably minimize paperwork by keeping things accurate, secure, and properly reviewed by people. If this approach works well, Precedence Research may see more of these connections in commercial insurance, especially where quoting is frequent and standardized.

Thimble, a digital small business managing general agent, has partnered with Bold Penguin, the largest insurance distribution platform in the US, to launch an AI-powered integration for insurance quoting. The companies have developed technology enabling their systems to autonomously discover, communicate, and execute small business quoting tasks using AI agent-to-agent technologies. The integration allows Bold Penguin users to quote and bind coverage using natural language supported by AI. The solution is designed to support broker expertise rather than replace it, giving producers a faster way to serve clients within their existing workflow. Thimble, owned by Arch Capital Group, aims to make small business insurance faster and simpler whilst maintaining human oversight and decision-making in the process.