AmTrust and Daring Penguin Broaden Small Enterprise Insurance coverage Partnership| Staff Compensation Information

Tuesday, January 12, 2021 | 207 | 0 | 32 min read

Insurance technology provider Bold Penguin announced that AmTrust has been added to the freight forwarder list on its platform, offering an embedded, fully digital, small business employee compensation offer experience.

AmTrust, which partnered with Bold Penguin in the second quarter of 2020, has expanded its in-app binding capabilities for the Bold Penguin Terminal.

The company will use Bold Penguin’s newly launched terminal and software development kit for faster, more accurate quotes in the small business insurance market for small business owners, agents and brokers, according to a statement.

Bold Penguin said its platform will also offer several AmTrust payment plan options, including full payment, installment payments and payment options. With the new technology, AmTrust can also collect additional drawing and assessment information on employee categories such as executives and officers.

AmTrust Financial Services Inc. is a multinational insurance holding, headquartered in New York, that provides specialty property and casualty insurance products, including employee compensation, business owner policies, general liability, and extended service and warranty coverage.