Sutherland and Bold Penguin partner to develop innovative solutions for commercial insurance

The partnership will develop modern solutions for customer acquisition, business development, and underwriting. ROCHESTER, N.Y., May 4, 2023 /PRNewswire/ — Sutherland , a leading digital transformation technology and services company, has entered a partnership with Bold Penguin , a digital platform with integrated solutions that simplify commercial insurance. This partnership allows Sutherland and Bold Penguin to drive digital transformation in customer acquisition, new business, and underwriting for the commercial insurance industry. Sutherland’s end-to-end AI-based underwriting ecosystem will integrate with Bold Penguin’s state-of-the-art analytics solution for data enrichment and validation. The combined capabilities deliver superior data quality and intelligence to underwriters increasing productivity, speed to market, and decision-making. The partnership will develop modern solutions for customer acquisition, business development, and underwriting. Tweet this In addition, Sutherland’s Direct Policy Acquisition ecosystem complements Bold Penguin’s Exchange and Terminal platform solutions, reducing the time it takes to quote and bind commercial insurance. This partnership will allow commercial carriers to significantly reduce the cost of new and renewal business, improve underwriting quality, and accelerate the shift towards straight-through processing (STP) underwriting. Sutherland’s Vijay Pahuja, SVP & Head of Insurance, said: "Infusion of Bold Penguin’s industry-leading platforms and data expands our automation and AI ecosystem […]

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