Insurance Business UK

Bold Penguin makes second insurtech acquisition of 2020

Bold Penguin has announced that it has entered into an agreement to acquire RiskGenius, an insurance document-intelligence software firm. The acquisition will add RiskGenius’s data and analytics products and its team to Bold Penguin’s existing SaaS platform. This marks Bold Penguin’s second insurtech acquisition this year; the company acquired multi-quote platform xagent in January.