Las Vegas – September 30, 2026 -- bolttech and Bold Penguin have entered a global strategic partnership to build a combined commercial and personal lines insurance distribution offering spanning the U.S., Europe and Asia.
Two AI-enabled platforms merge complementary distribution networks
bolttech, an insurtech operating in 39 countries across four continents, will integrate its personal and commercial lines protection services, AI-enabled workflows and global distribution expertise with Bold Penguin's commercial-lines digital exchange and carrier network. Bold Penguin brings its DeX ai data and AI services platform along with an integrated commercial carrier network exclusively focused on commercial insurance.
US customers to gain access to bolt's personal lines through single interface
Under the agreement, Bold Penguin's U.S. customers will be offered bolttech's personal lines solutions through one interface, while both firms expand their combined reach to agents, insurers and embedded partners globally.
Executives frame deal as acceleration of existing roadmaps
Rob Schimek, Group Chief Executive Officer of bolttech, said Bold Penguin's submission automation, AI-powered underwriting workflows and commercial orchestration platform complement bolttech's technology and personal lines capabilities, enabling a more connected insurance experience for distribution partners worldwide.
Peter B Settel, President and CEO of Bold Penguin, said the partnership allows the company to offer shared customers unique options while expanding globally, citing bolttech's work in embedded distribution and its scale as an insurtech.
Partnership targets agents, insurers and embedded distribution channels
The joint offering is designed to serve agents, insurers and embedded partnerships through a unified platform combining both companies' technology, R&D capabilities and market scale across commercial and personal lines.