Softwr

Software · head to head

Policyholders vs Bold Penguin

P

Policyholders

Software

Insurance platform for brokers and agents

From
$99/month
Rated
-
Bold Penguin logo

Bold Penguin

Software

Business insurance marketplace for brokers

From
Free
Rated
-

The short version

  • Only Bold Penguin has a free tier, so it costs nothing to try first.
  • They diverge on capability: Policyholders covers Policy management, Bold Penguin covers Multi-carrier quoting.

Where they differ

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

Attributes where Policyholders and Bold Penguin differ
AttributePolicyholdersBold Penguin
Starting price$99/monthFree
Pricing modelsubscriptiontransaction
Free tierNoYes
Founded20102019

Identical on both: platforms (Web, Ios, Android), 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 Policyholders

  • Policy management
  • Client management
  • Document storage
  • Task management
  • Calendar integration
  • Reporting and analytics
  • IVANS
  • Carrier APIs

Only in Bold Penguin

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

Both cover

  • Commission tracking
  • Mobile app
  • Cloud deployment
  • Web support
  • Ios support

What people use each for

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

Policyholders

  • Policy administrationnot Bold Penguin
  • Client managementnot Bold Penguin
  • Commission trackingnot Bold Penguin
  • Agency operationsnot Bold Penguin

Bold Penguin

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

Where each one falls short

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

Policyholders

Nothing recorded yet. See the Policyholders review.

Bold Penguin

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

Pricing, plan by plan

Policyholders

$99/month
  • Starter$99/month
    • Policy management
    • Client tracking
    • Basic reporting
  • Professional$299/month
    • All Starter features
    • Commission tracking
    • Advanced analytics

Bold Penguin

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

Which should you pick?

Choose Policyholders if

  • You need policy management.
  • You work on Web, Ios, Android.
  • You also want client management.

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.

Questions people ask

Is Policyholders or Bold Penguin better?
Neither clearly leads. Policyholders starts at $99/month and Bold Penguin at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Policyholders or Bold Penguin?
Bold Penguin has a free tier; the other does not. Paid plans start at $99/month for Policyholders and Free for Bold Penguin.
Does Policyholders 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. Policyholders starts at $99/month.
What is Policyholders best used for?
Policyholders is most often used for policy administration, client management, commission tracking, agency operations. Of those, policy administration and client management are not what Bold Penguin is typically brought in for.
What can Policyholders do that Bold Penguin cannot?
Policyholders covers Policy management, Client management, Document storage, Task management. Bold Penguin covers Multi-carrier quoting, Instant quotes, Online binding, Customer portal. Both handle Commission tracking, Mobile app, Cloud deployment, Web support.

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