Digital Solutions Platform Bold Penguin Announces Acquisition of SquareRisk

Bold Penguin Expands Offerings with SquareRisk Acquisition

Bold Penguin, a digital solutions platform, recently announced its acquisition of SquareRisk, a marketplace specializing in finding, quoting, and securing specialty Managing General Agent (MGA) products. This partnership connects users with over 45 carriers through a streamlined interface.

What Does This Mean for Bold Penguin Users?

The acquisition aims to broaden the insurance coverage options available to Bold Penguin users. With SquareRisk's capabilities, users will have access to a wider array of commercial insurance policies that go beyond traditional admitted options. This is especially significant as business owners increasingly seek specialized coverage tailored to their unique risks.

Enhancing Speed and Expansion

This move is also positioned to improve how quickly Bold Penguin can integrate new offerings. By enhancing its footprint in the specialty and excess and surplus lines (E&S) market, Bold Penguin is effectively positioning itself to adapt to the emerging needs of the insurance landscape, driven by evolving market conditions and untraditional risks.

Who is Impacted?

This acquisition is particularly noteworthy for brokers, agents, and commercial policyholders looking for niche coverage solutions. The expanded marketplace may provide more options for those with specialized business needs, ultimately making the underlying process smoother and faster for everyone involved.

The insurance industry continues to evolve, and partnerships like this highlight the ongoing trend towards digital solutions that can meet changing demands in real time. As we see more technology-driven integrations, the goal remains the same: to provide consumers with the insurance products and services they need.

Original Source: https://www.crowdfundinsider.com/2025/10/254541-digital-solutions-platform-bold-penguin-announces-acquisition-of-squarerisk/