Bold Penguin Announces Acquisition of Xagent to Broaden Reach of Existing Exchange, Better Serve Commercial Insurance Market

PR Newswire, January 2, 2020.

COLUMBUS, Ohio, Jan. 2, 2020 /PRNewswire/ – Bold Penguin today announced its acquisition of xagent, an independent, multi-quote platform for standard and surplus lines business insurance market. This acquisition will enable Bold Penguin to better serve Insurance Carriers, Brokers and Agents through increased scale and a single choice in the market, while maintaining its commitment to simplifying the commercial insurance process.

The Bold Penguin Exchange connects businesses, agents and carriers to the right commercial insurance quote efficiently and effectively. The xagent solution for agents will be integrated with Bold Penguin’s Exchange.