Bold Penguin to Acquire RiskGenius

Bold Penguin, a Columbus, OH-based commercial insurance technology provider, is to acquire RiskGenius, a provider of insurance document intelligence software.

The amount of the deal was not disclosed.

The acquisition will add RiskGenius’s data and analytics products, as well as the team, to Bold Penguin’s existing SaaS platform. RiskGenius will become part of Bold Penguin’s insurance intelligence effort, which leverages data and has a focus on intuitive workflow processing.