Reinsurance News

Bold Penguin partners with State Automobile Mutual Insurance Company

23rd June 2020 - Author: Charlie Wood

Commercial insurance technology provider Bold Penguin has announced the integration of State Automobile Mutual Insurance Company into its platform.

Bold Penguin says this integration allows users of its platform access to business use auto coverage through State Auto with other insurance products, to be launched in the third quarter.

State Auto currently writes in 33 states with $2 billion in premium and offers products in Commercial Auto, Business Owners Policy, Workers Compensation, Middle Market Package, and Farm & Ranch.

“We have nearly completed a fully digital transformation of all product lines at State Auto over the last four years, while staying 100% committed to the independent agent,” said Brandon Bauer, VP/Platform Distribution at State Auto Insurance.

“This integration with Bold Penguin is another step in that direction – expanding our digital footprint so we can protect more small businesses while continuing to support the independent channel.”

“State Auto is innovative and tech-minded – a perfect fit for our exchange,” said Ilya Bodner, founder and CEO of Bold Penguin.

“We onboarded multiple products simultaneously, a challenging undertaking for any organization. State Auto’s ability to execute to this level with the speed in which they did so is truly a testament to their success as a digital organization.”

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