Bold Penguin and Veruna announce industry-leading integration to return quotes from Bold Penguin to Veruna

Small commercial insurance applications can originate from the Veruna Agency Management System, launch into the Bold Penguin Terminal, and return quotes seamlessly to Veruna

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COLUMBUS, OH (November 28, 2023) – A few weeks after announcing their partnership, small commercial insurance technology provider, Bold Penguin, and Veruna, a leading insurance Agency Management System (AMS) platform, have extended their industry leading integration. Agents launching a commercial insurance application from Veruna now have the option to retrieve application data and returned quotes directly in their AMS platform, resulting in a truly embedded experience.

Typically, integrations between an AMS and rating solutions simply bridge application data to start the quoting process, leaving valuable customer insights to reside outside the agent’s AMS platform. This innovative integration delivers an optimized submission, quoting, and renewal experience, providing agents the data they need, where they need it, to maximize efficiency and close rate in both their quoting platform and AMS.

“Agencies are continually looking for ways to increase efficiency in order to fortify their relationships and grow their business. Veruna and Bold Penguin have a shared vision to empower insurance agents, so the partnership is a natural extension to bring that vision to life,” said Chris Kessler, Vice President of Corporate Development for Bold Penguin. “Small business owners can continue to lean on expert guidance from agents using the Terminal quote and bind platform, with Veruna’s agency management system to protect their investments seamlessly and efficiently.”

Leaders in the field

Founded by insurance agents for insurance agents, Bold Penguin is dedicated to simplifying small commercial insurance. Since 2016, Bold Penguin has powered over 6M quote applications and $5B+ in premium.

Veruna empowers thousands of U.S. independent agents with insurance AMS tools on Salesforce. They partner with managing general agents (MGA) and carriers, and are the preferred AMS vendor at three of the top ten property & casualty carriers. They are the only Agency Management System to download insurance carrier data directly into Financial Services Cloud (FSC) and Salesforce.

"Partnership is not just about making an API connection. It is about making a meaningful advancement in automation so that agents can be freed from legacy processes and systems to sell the right insurance at the right time and at the right price. We are beyond thrilled to partner with Bold Penguin for round-trip, completely digitally-enabled quoting. It won't be long until agent-assisted straight-through processing is available for all agents," said Jennifer Carroll, CEO of Veruna.

Current agencies who subscribe to both Veruna and the Bold Penguin Terminal are eligible for this integration immediately.

About Bold Penguin

Bold Penguin is a leading integrated digital solution platform dedicated to simplifying small 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.  For more information, please contact us or visit www.boldpenguin.com

About Veruna

Veruna is a leading insurance technology software company whose mission is to empower independent insurance agents, whether that agent or agency is retail, MGA, TPA, or carrier. Veruna's AMS built in Salesforce layers all of the insurance data with customer sales data so agents can instantly identify and sell new business, up-sell, and cross-sell opportunities to support accelerated growth. Veruna's all-in-one solution enables agents to get back to advising and advocating on behalf of their insureds instead of being shackled with back-end data entry. With a commitment to digital customer engagement, cloud-based configurable and extensible systems, Veruna has established itself as a trusted partner in the insurance industry. By leveraging the cutting-edge technology of the Salesforce platform and a customer-centric approach, the company continues to drive innovation and deliver superior results. Learn more by visiting Veruna today.

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