Encova Expands Relationship with Bold Penguin to Improve Distribution Capabilities

The companies will collaborate on the rollout of a commercial insurance solution to improve the quoting experience for business owners’ policies for its independent agents.

(Image source: Ram Trucks & Vans.)

Encova Insurance (Columbus, Ohio), super-regional carrier ranked in the top 20 mutual insurance companies in the United States (formerly Motorists Group and Brick Street Mutual), has expanded its relationship with Bold Penguin (Columbus, Ohio), a distribution-focused insurance technology provider, to collaborate on the rollout of a commercial insurance solution to improve the quoting experience for business owners’ policies for its independent agents.

Grady Campbell, EVP, Commercial Lines and Life, Encova.

“Independent agents and businesses alike need a solution for quick, easy to use, accurate software when it comes to quoting small commercial opportunities,” comments Marc DeLeonibus, Co-founder, Bold Penguin. “Encova has proven to be one of the more advanced organizations and we are happy to work together. Our partnership with Encova is the latest example of how large insurance companies are being nimble and meeting their agency force in a more digital way.”

Bold Penguin announced its engagement with Encova in 2018. Since then, the two organizations have been working closely on picking the right industries, products, and key agents to approach small commercial, according to a Bold Penguin statement. The newly announced work aims to streamline the rate, quote and bind process and allows select Encova agencies to access their products.

Creating the User Experience Customers and Agents Expect

“We’re committed to creating the user experience our small business customers and our agents expect,” comments Grady Campbell, EVP, Commercial Lines and Life, Encova. “Partnering with Bold Penguin allows us to execute this vision quickly and efficiently, allowing more small businesses to access the coverage they need to grow their businesses.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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