American Family Insurance buys Bold Penguin

One of Columbus’ fast-growing technology startups has been sold.

Bold Penguin, an insurance technology, or insurtech, company that makes buying and selling commercial insurance faster and easier, has been acquired by Madison, Wisconsin-based American Family Insurance, one of its early investors.

Terms weren’t disclosed.

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Story excerpt provided by The Columbus Dispatch.

Written by Mark Williams.

Originally published January 14, 2021.