Bold Penguin Expands Coverage Options With Foxquilt

Bold Penguin recently announced a partnership with Foxquilt, expanding admitted commercial general liability coverage options for agents seeking faster turnaround times and fewer administrative hurdles. Foxquilt is a digital Managing General Underwriting (MGU) that empowers agents with an easier way to place commercial insurance, offering instant quoting for eligible risks and 24/7 bind capability. 

Foxquilt joins the growing list of carriers and wholesalers available in the Bold Penguin Terminal through direct and market access. This partnership means Bold Penguin users with a Foxquilt market access appointment can quote and bind quickly, moving closer to their goal of finding a home for every risk. 

“Small businesses are the backbone of our economy. We are thrilled to collaborate with Foxquilt in protecting their dreams and their assets,” said Nicole Farley,  Senior Vice President, Chief Insurance Officer at Bold Penguin. “We are facilitating access to the right protection at the right time, so agents can say with confidence that no time or resources were wasted.”

Foxquilt’s insurance-as-a-service platform is complemented by a unique data and machine-learning underwriting infrastructure. They have appetite for over 500 classes in the contractors, personal services, and e-commerce verticals.