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Bold Penguin and bolttech Announce Global Strategic Partnership

Bold Penguin and bolttech logos

News provided by

Bold Penguin

Oct 01, 2026, 15:00 ET

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Partnership brings commercial and personal lines together in a unified offering for agents, insurers and embedded partners across the U.S., Europe and Asia

LAS VEGAS, Oct. 1, 2026 /PRNewswire/ -- Bold Penguin, the Digital Broker for commercial insurance, announced a global strategic partnership with bolttech, the global insurtech operating in 39 countries across four continents. Together, the companies will build a joint commercial and personal lines offering for agents, insurers and embedded partners in the U.S., Europe and Asia.

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From left: Bold Penguin President and CEO Peter Settel and bolttech Group CEO Rob Schimek shake hands to celebrate the newly announced partnership between the two organizations. (Photo: Bold Penguin)
From left: Bold Penguin President and CEO Peter Settel and bolttech Group CEO Rob Schimek shake hands to celebrate the newly announced partnership between the two organizations. (Photo: Bold Penguin)

The partnership combines complementary strengths. Bold Penguin brings its Digital Exchange for commercial lines, which intelligently matches risks to best-fit markets from submission ingestion through real-time quote and digital bind. It also brings the DeX ai intelligence layer and an integrated commercial carrier network. bolttech adds leadership in embedded distribution, AI-enabled workflows and global access to insurance and protection services across personal and commercial lines. Together, the partnership lets each company accelerate its roadmap while giving customers the connections and capabilities of both platforms.

For Bold Penguin's U.S. customers, the partnership adds access to bolttech's personal lines solutions through a single interface, alongside the commercial tools they already use.

"Our partners work with us because we're committed to their success, and we build software to help them grow intelligently in commercial insurance," said Peter Settel, President and CEO of Bold Penguin. "This partnership extends that commitment. Our U.S. customers will be able to offer bolttech's personal lines solutions through the same single interface they use with Bold Penguin today. That gives them more ways to protect the businesses, and the dreamers, risk-takers and creators behind them, that power the economy. As we grow globally together, our partners gain new reach backed by the innovation and trusted execution they count on from us."

"Bold Penguin is the leading commercial insurance distribution platform," said Rob Schimek, Group Chief Executive Officer of bolttech. "Their submission automation, AI-powered underwriting workflows and commercial orchestration platform complement our technology capabilities, personal lines expertise, and insurance ecosystem globally. Together, we can deliver a more seamless, connected insurance experience for distribution partners and customers around the world."

About Bold Penguin
Bold Penguin is the risk exchange for commercial insurance, the place where insureds and the markets who will cover them transact. DeX ai, Bold Penguin's intelligence layer, sits in the middle, filling the gaps in submissions and routing them to the markets most likely to bind. Brokers and carriers build on top of this infrastructure. Submissions that took days clear in minutes.

About bolttech
bolttech is a global insurtech with a mission to build the world's leading, technology-enabled ecosystem for protection and insurance. bolttech serves customers in 39 markets across Asia, Europe, North America, and Africa.

With a full suite of digital and data-driven capabilities, bolttech powers connections between insurers, distributors, and customers to make it easier and more efficient to buy and sell insurance and protection products.

For more information, please visit www.bolttech.io.

For more information about bolttech in North America (bolt), visit https://boltinc.com/

Media contact
Claire Fiorelli
Social Media & Agency Operations Manager, Bold Penguin
[email protected]

SOURCE Bold Penguin

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