October 9, 2020 | software | No Comments
- Bold Penguin continued its acquisition spree with RiskGenius to further enhance its Software as a Service platform.
- And this purchase will help the insurtech further enhance its platform.
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The US-based B2B insurtech has entered a definitive agreement to acquire RiskGenius, per a press release; details around the acquisition haven’t been disclosed.
RiskGenius has developed document intelligence software along with other data and analytics products, which will become part of Bold Penguin’s existing Software as a Service (SaaS) platform under the acquisition. This marks Bold Penguin’s second acquisition this year, following the purchase of multiquote platform for standard and surplus lines business insurance market xagent.
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