# Bold Penguin

> Bold Penguin is a commercial insurance technology company owned by American Family Insurance. Its Digital Exchange connects agents, brokers, carriers and managing general agents; its DeX ai tools structure submissions, match risks with markets and compare policy wording. Owned brokerage operations add placement services alongside the software.

- **Founded:** 2016
- **Headquarters:** Dublin, United States
- **Founders:** Ilya Bodner (Co-founder; former CEO; strategic advisor as announced January 2025), Ben Clarke (Co-founder; former Chief Data Officer; strategic advisor as announced January 2025), Marc DeLeonibus (Co-founder)
- **Products:** Terminal, Exchange / Digital Exchange, Storefront, Bold Insights / Analytics, DeX ai
- **Notable:** Reported 8 million+ applications since 2016 on a public carrier referral page., Reported USD 12.45 billion in facilitated premium over the preceding 12 months in its September 2026 launch announcement; this is not company revenue., September 2026 announcement reported more than 735,000 middle-market and complex submissions over the preceding 12 months.

## Products & services

- **Terminal** — Agent interface using a universal application to quote multiple commercial products and carriers.
- **Exchange / Digital Exchange** — Network connecting insurance distribution partners and markets; current positioning follows risks through placement, beyond prospect introductions.
- **Storefront** — Customizable online insurance application and quoting experience for partner websites.
- **Bold Insights / Analytics** — Agency quotes, commissions and performance reporting.
- **DeX ai** — Intelligence layer exposed through APIs, an MCP server and agent-to-agent connections; announced September 25, 2026.
- **Submission Ingestion** — Extracts and enriches submission data, with field confidence scores and configurable review thresholds. Company says it operates in 27 countries and six languages.
- **Market Intelligence** — Matches risks using observed carrier quote and bind behavior.
- **Coverage Intelligence** — Compares policy wording, identifies differences and maps coverage layers; supports professional judgment rather than issuing coverage determinations.
- **North Peak Access** — Wholesale market access and placement desk across admitted and E&S markets.

## Achievements

- Reported 8 million+ applications since 2016 on a public carrier referral page.
- Reported USD 12.45 billion in facilitated premium over the preceding 12 months in its September 2026 launch announcement; this is not company revenue.
- September 2026 announcement reported more than 735,000 middle-market and complex submissions over the preceding 12 months.
- Acquired SquareRisk in 2025, adding a specialty marketplace spanning 45+ carriers at the time of the announcement.

## Latest updates

- **2026-09** — Launched DeX ai and a refreshed brand and website, opening capabilities through APIs, an MCP server and agent-to-agent connections.
- **2025-10** — Announced the acquisition of SquareRisk to expand specialty/E&S access and digital wholesale operations.
- **2025-01** — Appointed Peter Settel President and CEO, succeeding Ilya Bodner.

## Links

- Website: https://boldpenguin.com/
- LinkedIn: https://www.linkedin.com/company/bold-penguin
- Twitter/X: https://twitter.com/bold_penguin
- GitHub: https://github.com/BoldPenguin
- YouTube: https://www.youtube.com/c/BoldPenguin
- Instagram: https://www.instagram.com/bold_penguin/
- Facebook: https://www.facebook.com/BoldPenguin/

---

Profile page: https://yespress.io/bold-penguin
Published by YesPress — https://yespress.io
Last updated: 2026-09-30