Newly launched partnership with Marble will expand access to small commercial insurance
COLUMBUS, OH (January 31, 2023)--Bold Penguin recently announced a partnership with digital insurance wallet Marble, enabling Marble’s small and medium-size business (SMB) customers to seamlessly access, manage, and control their commercial insurance needs.
Bold Penguin’s leading digital solution platform simplifies small commercial insurance for agents, brokers, and carriers. Marble’s digital wallet solution acts as an inclusive hub for insurance management.
This partnership is powered by Bold Penguin’s Storefront and Exchange products, allowing Marble users to manage their commercial insurance and access the right coverage that fits their needs. In addition to benefiting those users, it also allows Bold Penguin’s new and existing Terminal and Exchange partners to gain access to a greater number of new qualified prospects from the Marble platform.
“Adjacent partnerships are a natural extension of our core value proposition, as we make it easy for channel partners to do more by offering access to insurance solutions for their customers,” stated Mario Ramos, BoldPenguin’s Vice President of Partnerships. “The partnership with Marble will enable us to continue investing in the SMB ecosystem, ultimately making business insurance simple for everybody. We are thrilled to align ourselves with their mission and can’t wait to see what we will accomplish together.”
As Marble adopted a holistic view of their members’ needs, offering small commercial insurance solutions for the approximately 32 million SMB owners in the US became a natural extension of their product offering.
"When we started, the Marble team was very focused on personal lines insurance and helping individual policyholders protect their households, save money, and optimize coverage. Last year though, we heard small business owners and operators loud and clear. They are also eager to manage their commercial policies digitally, centrally, and securely — in the same way as individual policy holders. We want Marble to be their one-stop-shop for all things insurance, and it was a no-brainer to start tackling that by partnering withBold Penguin." says Matt Donofrio, Marble’s Head ofPartnerships.
The new partnership comes at a critical time for SMBs, looking for trusted agents to help them identify and cover their business insurance needs.Partnerships like this will help fill this market need and give business owners the ability to obtain the right coverage at the right price in a much more efficient way.
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
Founded in 2020, Marble is a one-hub, digital wallet that allows members to shop, compare, explore, and — for the first time ever — earn rewards on their insurance. There's no cost to join. Marble members are insured by the nation's largest insurance agencies and can store their automotive, home, renters, pet, life, and other types of personal and commercial insurance in theirMarble wallet. Marble is proudly based in New York, New York. For more information or to create an account, go to MarblePay.com.
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