Bold Penguin ranks #15 on Fast Company’s List

Leading insurtech joins Adobe, Spotify, Nvidia, Morgan Stanley, and many others

Company

COLUMBUS, OH (July 11, 2023) -- Fast Company today announced its fifth annual Best Workplaces for Innovators list, honoring organizations and businesses that demonstrate an inspiring commitment to develop innovation at all levels. Bold Penguin came in at No. 15 for its designed initiatives to encourage internal innovation as well as its exemplary actions to foster a workplace culture where all employees feel empowered to innovate. 

Developed in collaboration with Accenture, the 2023 Best Workplaces for Innovators ranks 100 winners from a variety of industries, including entertainment, biotech, consumer packaged goods, marketing, education, healthcare, and many more. Fast Company editors and Accenture researchers collaborated together to score nearly 1,000 submissions, and a panel of eight distinguished judges reviewed and endorsed the top 100 companies. The 2023 awards feature workplaces from around the world.

“To be internationally recognized for Workplace Innovation by Fast Company is truly a professional milestone. Since our founding, we have had a laser focus on our employees and fostering an inclusive and innovative culture. While this is certainly a culmination of several efforts, it is not the end. We will always strive to be leading the charge to simplify commercial insurance through innovation, and it will always start with our team,” said Jim Struntz, COO of Bold Penguin.  

Bold Penguin has invested heavily in workplace innovation, as evidenced by the 2022 Penguin Tank, a 4-day, incentivized pitch and code competition that gave all employees the opportunity to gather for product enhancement ideation. Penguin Tank challenged all employees to think creatively on product and process improvements and gave company leaders the opportunity to solicit speculative enhancements from a different lens. The resulting innovations found a quick path into production delivering accelerated value to Bold Penguin’s user community.

Additionally, Bold Penguin highly prioritizes employee engagement in order to spark innovation and unite individual contributors into productive teams. In 2022, they launched a nationwide engagement initiative, the Drive Of The Penguins (DotP), a 6-month RV cross-country roadtrip campaign that focused on commonality and relationship building. They also launched a DE&I program to foster a diverse, inclusive workplace and established five Employee Resource Groups (ERG).

"Innovation is a global priority, and this year's list has a decidedly international flavor,” says Brendan Vaughan, editor-in-chief of Fast Company. “Five of the top 10 ranked companies, including No.1, Canva, are not headquartered in the U.S.”

To see the complete list, go to https://www.fastcompany.com/best-workplaces-for-innovators/list

Fast Company’s Best Workplaces for Innovators issue (Summer 2023) is available online now, and the print issue will be on newsstands beginning July 18, 2023. Join the Best Workplaces for Innovators conversation using #FCBestWorkplaces.

About Fast Company

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud, and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners, and communities. Visit us at accenture.com.

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 visit www.boldpenguin.com

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