Insurance Techknowledgy: Bold Penguin and Thimble, Vertafore and Nationwide, eMaxx April 22, 2021
Insurtech Bold Penguin is making it easier for agents and small business customers to secure to coverage by the month or by the hour through a partnership with another insurtech startup,
Thimble.
Thimble’s coverage options are for businesses of all sizes ranging from startups that purchase insurance by-the-job, to mature organizations that want more control over their monthly and annual policies.
“Our secret sauce is we’re selling these policies on all kinds of different time frames,” Thimble founder and Chief Executive Officer told
Markel Insurance Co.
Bold Penguin, a digital exchange used by insurance agents, brokers and other distributors to match, quote and bind policies from insurers, will now have Thimble’s bindable quotes, which not only offer the shorter policy terms than traditional insurers, but also feature the ability t
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