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Insurance · head to head

Insureon vs Bold Penguin

I

Insureon

Insurance

Fast and easy business insurance online

From
On request
Rated
-
Full reviewWebsite
Bold Penguin logo

Bold Penguin

Insurance

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: Insureon the Internet Archive's capture of Insureon's small business insurance page on 20 December 2019 confirmed it compares quotes from multiple carriers rather than publishing fixed prices, stating cost depends on industry and risk factors, coverage limits, location, and number of employees.; Bold Penguin sold to brokers, carriers and MGAs rather than to the businesses buying insurance
  • They diverge on capability: Insureon covers Fast quotes, Bold Penguin covers Multi-carrier quoting.

Where they differ

Only the attributes on which Insureon and Bold Penguin actually diverge.

Attributes where Insureon and Bold Penguin differ
AttributeInsureonBold Penguin
Starting priceOn requestFree
Pricing modelquotetransaction
Free tierNoYes
Founded20172019

Identical on both: platforms (Web, Ios, Android), user rating (Not yet rated), category (Insurance).

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 Insureon

  • Fast quotes
  • Instant online binding
  • Coverage customization
  • Online policy management
  • 24/7 customer support
  • Document access
  • Claims assistance

Only in Bold Penguin

  • Multi-carrier quoting
  • Instant quotes
  • Online binding
  • Customer portal
  • Commission tracking
  • API access
  • Reporting
  • Agency management systems

Both cover

  • Mobile app
  • Multiple carriers
  • Payment processors
  • Data encryption
  • Cloud deployment
  • Web support
  • Ios support
  • Android support
  • English language support

What people use each for

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

Insureon

  • Fast insurance procurementnot Bold Penguin

Bold Penguin

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

Where each one falls short

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

Insureon

  • The Internet Archive's capture of Insureon's small business insurance page on 20 December 2019 confirmed it compares quotes from multiple carriers rather than publishing fixed prices, stating cost depends on industry and risk factors, coverage limits, location, and number of employees.

Bold Penguin

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

Pricing, plan by plan

Insureon

On request
  • General Liability$undefined/month
    • Fast quotes
    • Instant binding
    • Multiple coverage options

Bold Penguin

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

Which should you pick?

Choose Insureon if

  • You need fast quotes.
  • You work on Web, Ios, Android.
  • You also want instant online binding.
Insureon 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 Insureon or Bold Penguin better?
Neither clearly leads. Insureon 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, Insureon or Bold Penguin?
Bold Penguin has a free tier; the other does not. Paid plans start at On request for Insureon and Free for Bold Penguin.
Does Insureon or Bold Penguin run on more platforms?
Both run on Web, Ios, Android, so platform support will not decide this one for you.
Can I use Bold Penguin for free?
Yes. Bold Penguin has a free tier, so you can try it without paying. Insureon starts at On request.
What is Insureon best used for?
Insureon is most often used for fast insurance procurement. Of those, fast insurance procurement is not what Bold Penguin is typically brought in for.
What can Insureon do that Bold Penguin cannot?
Insureon covers Fast quotes, Instant online binding, Coverage customization, Online policy management. Bold Penguin covers Multi-carrier quoting, Instant quotes, Online binding, Customer portal. Both handle Mobile app, Multiple carriers, Payment processors, Data encryption.
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