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Business Management Review | Monday, September 06, 2021
AmTrust connects a growing list of carriers on the stage that gives an embedded, completely digital quoting experience in employee compensation coverage for small enterprises.
Fremont, CA: Bold Penguin, a quickly growing insurance technology provider, has declared an expansion of its partnership with the top small business insurance provider AmTrust. AmTrust connects a growing list of carriers on the platform that gives an embedded, completely digital quoting experience in employee compensation coverage for small enterprises.
AmTrust, a digital innovation leader, joined forces with Bold Penguin in Q2 2020 and has extended its in-app binding capacities on the Bold Penguin Terminal. In addition, the company will use Bold Penguin's newly launched Terminal and Software Development Kit (SDK) products built to power faster and more precise quoting in the small commercial insurance market for small business owners, brokers, and agents.
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"AmTrust is an incredibly forward-thinking organization," expressed Ben Clarke, co-founder and Chief Data Officer of Bold Penguin. "We are excited to work with their teams to extend our integrations, leveraging AmTrust's suite of APIs to build out more strong capabilities around data, underwriting, and user experience."
The Bold Penguin platform will provide several AmTrust payment plan options, comprising payment in full, installments, and PAYO (pay-as-you-owe), as well as extend its technical integrations with AmTrust's suite of APIs to collect additional underwriting as well as rating information around employee categories such as officers and executives.
"The Bold Penguin Terminal grants us the flexibility and speed required to both boost our growth and customer experience," said Chris Foy, Head & EVP of North American Commercial for AmTrust. "Our customers & our agents will advantage from the digital efficiencies we're able to launch with Bold Penguin."
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