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Guidewire InsuranceNow vs Bold Penguin

Guidewire InsuranceNow logo

Guidewire InsuranceNow

Software

Cloud platform for modern insurance operations

From
On request
Rated
-
Full reviewWebsite
Bold Penguin logo

Bold Penguin

Software

Business insurance marketplace for brokers

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Bold Penguin has a free tier, so it costs nothing to try first.
  • Each has a real cost: Guidewire InsuranceNow pricing is not published; sold by quote through a sales process; Bold Penguin sold to brokers, carriers and MGAs rather than to the businesses buying insurance
  • They diverge on capability: Guidewire InsuranceNow covers Policy administration, Bold Penguin covers Multi-carrier quoting.

Where they differ

Only the attributes on which Guidewire InsuranceNow and Bold Penguin actually diverge.

Attributes where Guidewire InsuranceNow and Bold Penguin differ
AttributeGuidewire InsuranceNowBold Penguin
Starting priceOn requestFree
Pricing modelquotetransaction
Free tierNoYes
PlatformsWebWeb, Ios, Android
Founded20032019

Identical on both: user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Guidewire InsuranceNow

  • Policy administration
  • Claims management
  • Billing
  • Digital underwriting
  • Mobile capabilities
  • Real-time analytics
  • Document management
  • Salesforce

Only in Bold Penguin

  • Multi-carrier quoting
  • Instant quotes
  • Online binding
  • Commission tracking
  • Mobile app
  • API access
  • Reporting
  • Multiple carriers

Both cover

  • Customer portal
  • Data encryption
  • Cloud deployment
  • Web support

What people use each for

The jobs each tool is most often brought in to do.

Guidewire InsuranceNow

  • Policy administrationnot Bold Penguin
  • Claims managementnot Bold Penguin
  • Rapid implementation for regional and super-regional insurersnot Bold Penguin
  • Cost reduction and operational efficiencynot Bold Penguin

Bold Penguin

  • Routing and triaging commercial insurance submissionsnot Guidewire InsuranceNow
  • Automating submission to bind through the Terminal platformnot Guidewire InsuranceNow
  • Handling complex middle market submissions with SubmissionLinknot Guidewire InsuranceNow
  • Policy checking with ClauseLinknot Guidewire InsuranceNow

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Guidewire InsuranceNow

  • Pricing is not published; sold by quote through a sales process
  • Cloud-only deployment; no on-premises option

Bold Penguin

  • Sold to brokers, carriers and MGAs rather than to the businesses buying insurance
  • Pricing is not published

Pricing, plan by plan

Guidewire InsuranceNow

On request

No published plan breakdown. See the Guidewire InsuranceNow review.

Bold Penguin

Free
  • Broker AccessFree
    • Multi-carrier quotes
    • Instant quoting
    • Commission tracking

Which should you pick?

Choose Guidewire InsuranceNow if

  • You need policy administration.
  • You also want claims management.
Guidewire InsuranceNow review

Choose Bold Penguin if

  • You need multi-carrier quoting.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want instant quotes.
Bold Penguin review

Questions people ask

Is Guidewire InsuranceNow or Bold Penguin better?
Neither clearly leads. Guidewire InsuranceNow starts at On request and Bold Penguin at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Guidewire InsuranceNow or Bold Penguin?
Bold Penguin has a free tier; the other does not. Paid plans start at On request for Guidewire InsuranceNow and Free for Bold Penguin.
Does Guidewire InsuranceNow or Bold Penguin run on more platforms?
Guidewire InsuranceNow runs on Web. Bold Penguin runs on Web, Ios, Android.
Can I use Bold Penguin for free?
Yes. Bold Penguin has a free tier, so you can try it without paying. Guidewire InsuranceNow starts at On request.
What is Guidewire InsuranceNow best used for?
Guidewire InsuranceNow is most often used for policy administration, claims management, rapid implementation for regional and super-regional insurers, cost reduction and operational efficiency. Of those, policy administration and claims management are not what Bold Penguin is typically brought in for.
What can Guidewire InsuranceNow do that Bold Penguin cannot?
Guidewire InsuranceNow covers Policy administration, Claims management, Billing, Digital underwriting. Bold Penguin covers Multi-carrier quoting, Instant quotes, Online binding, Commission tracking. Both handle Customer portal, Data encryption, Cloud deployment, Web support.
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Related pages

More on Guidewire InsuranceNow

More on Bold Penguin

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