--- title: Bold Penguin adds Adaptive Insurance to expand parametric coverage description: "\"Discover how Bold Penguin's partnership with Adaptive Insurance enhances coverage options for agents and clients, with innovative parametric solutions like GridProtect. Learn more here.\"" image: https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg --- 1 min read # Bold Penguin adds Adaptive Insurance to expand parametric coverage [![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hubfs/insurance_nerds_logo.png) Insurance Nerds Editorial Team ](https://insnerds.com/news/author/insurance-nerds-editorial-team) : Dec 9, 2025 6:53:58 AM ![Bold Penguin adds Adaptive Insurance to expand parametric coverage](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ### Bold Penguin Partners with Adaptive Insurance for Enhanced Coverage Bold Penguin has recently formed a partnership with Adaptive Insurance, adding the insurer’s unique parametric power outage protection to its offerings on the Bold Penguin Placement Desk. This collaboration marks a strategic move to diversify and bolster the range of climate-resilience solutions accessible to insurance agents. ### Introducing Adaptive Insurance's Innovative Solution As the first parametric carrier to join the Bold Penguin platform, Adaptive Insurance brings its flagship product, GridProtect, into the mix. This product promises a reliable solution by providing guaranteed coverage for losses due to power outages, which become increasingly relevant in our changing climate. By integrating GridProtect into the existing Bold Penguin framework, agents can offer clients more comprehensive options when it comes to managing risks associated with severe weather and power supply issues. ### What This Means for Agents and Clients This new addition is particularly significant for agents seeking to provide value-added services to their clients. With the growing concern over climate-related disruptions, being able to present clients with parametric coverage can enhance their risk management strategies. It also illustrates a shift in the insurance landscape towards more innovative solutions that cater to modern challenges. ### Conclusion The partnership between Bold Penguin and Adaptive Insurance signifies an important step in expanding the tools available for insurance professionals. By embracing parametric solutions like GridProtect, agents can better address the rising needs of businesses affected by climate change. Original Source: [https://fintech.global/2025/12/09/bold-penguin-adds-adaptive-insurance-to-expand-parametric-coverage/](https://fintech.global/2025/12/09/bold-penguin-adds-adaptive-insurance-to-expand-parametric-coverage/) - [Tweet](https://twitter.com/share) [![Digital Solutions Platform Bold Penguin Announces Acquisition of SquareRisk](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ](https://insnerds.com/news/digital-solutions-platform-bold-penguin-announces-acquisition-of-squarerisk) #### [Digital Solutions Platform Bold Penguin Announces Acquisition of SquareRisk](https://insnerds.com/news/digital-solutions-platform-bold-penguin-announces-acquisition-of-squarerisk) ![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hs-fs/hubfs/insurance_nerds_logo.png?width=30&name=insurance_nerds_logo.png) [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) : Oct 15, 2025 3:33:40 PM Bold Penguin Expands Offerings with SquareRisk Acquisition Bold Penguin, a digital solutions platform, recently announced its acquisition of... [Read More](https://insnerds.com/news/digital-solutions-platform-bold-penguin-announces-acquisition-of-squarerisk) [![Bold Penguin acquires MGA products-focused insurtech SquareRisk](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ](https://insnerds.com/news/bold-penguin-acquires-mga-products-focused-insurtech-squarerisk) #### [Bold Penguin acquires MGA products-focused insurtech SquareRisk](https://insnerds.com/news/bold-penguin-acquires-mga-products-focused-insurtech-squarerisk) ![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hs-fs/hubfs/insurance_nerds_logo.png?width=30&name=insurance_nerds_logo.png) [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) : Oct 13, 2025 12:17:22 PM Bold Penguin Expands with SquareRisk Acquisition On October 10, Bold Penguin, a platform specializing in commercial insurance distribution and owned... [Read More](https://insnerds.com/news/bold-penguin-acquires-mga-products-focused-insurtech-squarerisk) [![Bold Penguin Acquires SquareRisk to Expand Specialty, E&S Access](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ](https://insnerds.com/news/bold-penguin-acquires-squarerisk-to-expand-specialty-es-access) #### [Bold Penguin Acquires SquareRisk to Expand Specialty, E&S Access](https://insnerds.com/news/bold-penguin-acquires-squarerisk-to-expand-specialty-es-access) ![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hs-fs/hubfs/insurance_nerds_logo.png?width=30&name=insurance_nerds_logo.png) [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) : Oct 13, 2025 1:51:20 PM Bold Penguin Expands Its Reach with SquareRisk Acquisition Insurtech company Bold Penguin has announced its acquisition of SquareRisk, a digital... [Read More](https://insnerds.com/news/bold-penguin-acquires-squarerisk-to-expand-specialty-es-access) ![](https://px.ads.linkedin.com/collect/?pid=7110236&fmt=gif) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Insurance Nerds Editorial Team", "url" : "https://insnerds.com/news/author/insurance-nerds-editorial-team" }, "datePublished" : "2025-12-09T11:53:58.000Z", "headline" : "Bold Penguin adds Adaptive Insurance to expand parametric coverage", "image" : [ "https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg" ], "mainEntityOfPage" : { "@id" : "https://insnerds.com/news/bold-penguin-adds-adaptive-insurance-to-expand-parametric-coverage", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://insnerds.com/hubfs/InsNerds%20Large%20print%20quality.png" }, "name" : "Insurance Nerds" } } ```