InsurTech Companies TechCanary and Bold Penguin Partner to Streamline Commercial Lines Sales for Agents

Integration of respective solutions further simplifies sales and support for commercial lines property and casualty agents

Milwaukee, WI (Mar. 19, 2018) – TechCanary, a provider of a cloud-based, analytics-driven insurance solution and the #1 insurance solution built natively inside the Salesforce CRM platform, today announced it has partnered with Bold Penguin, an InsurTech portal provider delivering a more streamlined insurance experience via an online marketplace for commercial lines property and casualty (P&C) agents.

The two companies share a common vision to streamline and modernize processes for those involved in the sales and support of commercial lines insurance, including agents, carriers, MGAs, and brokers. The combination of Bold Penguin’s portal, marketplace, and recommendation engine combined with TechCanary’s agency management system built entirely in Salesforce creates a streamlined processing environment which reduces the time from consideration to close, supports the complete customer lifecycle, and provides the operation with agent performance tracking to enable continuous improvement in both commercial lines sales and customer support.

Ilya Bodner, founder and CEO of Bold Penguin, commented on the partnership saying, “We have already worked with TechCanary on a number of joint clients and quickly recognized the synergy between our two organization and our respective offerings. Agents are viewed as trusted advisors and are integral to commercial lines sales where the human touch is still important because the process remains complex. Partnering with TechCanary gives us an even better arsenal of tools and technologies to help agents be more efficient and effective.”

Reid Holzworth, TechCanary CEO and founder, added, “We see the relationship with Bold Penguin as another opportunity to bring even greater value to our clients. Today’s business owners and consumers have come to expect a superior user experience and teaming up with like-minded InsurTech companies like Bold Penguin enables us to further streamline, simplify and digitize the insurance process for agents — translating to more efficient use of agents’ time and talents to focus on new business and better serving customers.”

About Bold Penguin

Bold Penguin is where technology meets the human touch in commercial insurance. With a heavy focus on agents, Bold Penguin pushes the boundaries of user experience for businesses, is an easy tool for agents, and offers a streamlined process of underwriting for carriers. Founded by a group of entrepreneurs who spent their early days working with Allstate, Nationwide, Progressive, regional carriers and established insurance agencies. For more details, please visit www.boldpenquin.com.

About TechCanary

Founded in 2013, TechCanary is an InsurTech company offering the #1 insurance solution available on Salesforce. The company’s mission is to provide the insurance industry new and innovative alternatives to legacy agency management systems and generic CRM and call center solutions. The TechCanary offering is a configurable, cloud-based insurance solution for agencies, brokerages, carriers, MGAs, MGUs and wholesalers who want to gain competitive advantage by supporting their insurance business their way, and not as traditional insurance software dictates. The TechCanary insurance solution manages the entire insurance sales and service process in a single environment for all lines of business including property and casualty, life, annuities and employee benefits. To learn more about TechCanary, please call 414-446-3999 or visit www.techcanary.com.

SOURCE: Solomark Associates via BusinessWire

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