Bold Penguin presents the latest issue of The Bold Brief, a recap of recent Bold Penguin innovations, carrier updates, and educational resources. We are thrilled to share this tool with our agents and partners to support your continued growth and success.
The multi-classification feature allows agents to assign multiple WC job class codes and name additional owners/officers in an application. Currently available with select carriers.
The multi-location feature allows agents to quote BOP and WC risks with multiple locations. Currently available with select carriers.
The cross-sell guidance feature uses intuitive prompts to present core coverages clearly and make tailored coverage recommendations. This new feature provides recommendations for cross-selling core and secondary coverages based on selected NAICS codes and business locations. The enhanced dynamic coverage views allow agents to provide more comprehensive coverage for their clients.
This enhancement provides an elevated quoting experience for agents by automatically adjusting allowable max effective dates on a per-carrier basis. Agents will be notified via labels when the quote is presented if the effective date has been adjusted during the quoting process.
CHUBB endorsements can now be selected during the quoting process in the Bold Penguin Terminal. Some of the CHUBB endorsements include: Property Enhancements, Tools and Equipment Coverage, Waiver of Subrogation, HNOA, Data Breach, Professional Liability form, Personal Care Services, and Employment Practices Liability. Learn more about the endorsements feature.
biBERK recently expanded its BOP and GL appetite in Florida. Click here to view the full appetite guide.
Markel’s WC product is now available in Idaho, Montana, Oregon, and Washington D.C.
Berkley Management Protection’s professional liability and cyber products are live and available to quote in the Terminal. As a reminder, appointed agents can view appetite for employment practices liability, crime, and directors & officers insurance in the Terminal before bridging to the carrier portal to quote and bind.
Agents accessing Utica First through a third-party wholesaler or broker can now quote Utica First in the Terminal. Click here to add Utica First to your carrier panel.
In select states, Coterie is now offering GL limits of $2M per incident and $4M in aggregate for BOP and GL policies for an expanded list of business classes.
Terminal tutorial webinars – Thursdays at 12:00 p.m. EDT
Onboarding webinars – Fridays (bi-weekly) at 1:00 p.m. EDT
Monthly office hours – June Coffee Chat: Wednesday, June 19th at 2:00 p.m. EDT
Bold Penguin recently announced a collaboration with Salesforce, launching Bold Penguin Terminal and SubmissionLink™ on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts. This collaboration allows enterprise users to move account data more seamlessly from Financial Services Cloud (FSC) into the Bold Penguin Terminal and activate commercial insurance quoting while data syncs back into FSC in real time. Read more.
An informative piece that recommends a tech-focused approach for agencies to engage with insurtechs from a well-respected industry resource. Read more.
Now is the time to talk with your customers about being properly protected against floods. Flood insurance is an increasingly important coverage line for small and medium-sized businesses (SMBs), but unfortunately it is often off their radar (until it may be too late). Check out our Evolving Risks of Small Businesses post that gives tips on advising on flood insurance, including the difference between private insurers and the National Flood Insurance Program.
Bold Penguin was recently certified as a Most Loved Workplace based on results from the Love of Workplace Index™ survey our employees completed earlier in the year. The survey touched on various elements around satisfaction and sentiment, including the level of respect, collaboration, support, and sense of belonging our employees felt about Bold Penguin. To view our company certification page, visit here. To view the full press release, visit here.
To see past Bold Brief issues, click here.
Stephanie Fagin, Regional Vice President of Berkley Management Protection, answers questions about Employment Practice Liability Insurance.
Birds of a feather flock together to help independent agents
Cybersecurity Awareness Month brings essential attention to the commercial insurance landscape. No business is immune to cyber attack risk. Small and medium-sized businesses (SMB) owners must be vigilant to protect themselves.