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bolttech and Bold Penguin enter global strategic partnership

Business

bolttech and Bold Penguin enter global strategic partnership
Business

Business

bolttech and Bold Penguin enter global strategic partnership

2026-10-01 08:16 Last Updated At:09:55

Recognized insurtech leaders to develop joint commercial and personal lines offering, serving agents, insurers and embedded partnerships with a seamless digital experience

LAS VEGAS, Oct. 1, 2026 /PRNewswire/ -- Today, award-winning AI-enabled insurance distribution platforms Bold Penguin and bolttech announce a global strategic partnership to create a joint commercial and personal lines offering for agents, insurers and embedded partnerships in the U.S., Europe and Asia. bolttech is a leading global insurtech operating in 39 countries and four continents, focused on innovative and AI-led insurance distribution. Bold Penguin focuses exclusively on commercial lines and operates the premiere distribution network and digital exchange with its advanced technology, innovative partnerships, and digital & AI solutions.

The global collaboration will support customers across personal and commercial lines distribution by bringing together complementary capabilities into a unified offering. Joining forces will leverage and accelerate both companies' roadmaps, allowing each to deepen focus on their strengths while enabling customers to take full advantage of the connections and capabilities of the combined platforms.

  • Bold Penguin provides a commercial lines digital exchange, data & AI services through "DeX ai", and an integrated commercial carrier network.
  • bolttech provides access to insurance and protection services across commercial and personal lines, AI-enabled workflows, and global insurance distribution expertise.

Both companies bring unrivaled scale, expertise, innovation and R&D capabilities to the partnership. 

Rob Schimek, Group Chief Executive Officer, bolttech said: "Bold Penguin is the leading commercial insurance distribution platform. Their submission automation, AI-powered underwriting workflows and commercial orchestration platform complement our technology capabilities, personal lines expertise, and insurance ecosystem globally. Together, we can deliver a more seamless, connected insurance experience for distribution partners and customers around the world."

Peter B Settel, President and CEO, Bold Penguin said: "We have great awareness and respect for bolttech's mission to address the global protection gap. The work Rob and team have done leading in embedded distribution and building the most globally scaled insurtech make them the perfect partner for us to join with and offer our shared customers truly unique options and solutions. While we expand globally, we will also now offer Bold Penguin's US customers bolt's personal lines solutions through a single interface."

- Ends -

About Bold Penguin

Bold Penguin is a leading integrated digital solution platform dedicated to simplifying commercial insurance. Our technology makes the quote and bind process quick, effortless, and profitable for all parties - agents, brokers, and carriers. Bold Penguin's innovative product suite has digitized and transformed a slow, manual process resulting in reduced costs, increased efficiency, and better overall outcomes. 

For more information, please contact us or visit www.boldpenguin.com

About bolttech

bolttech is a global insurtech with a mission to build the world's leading, technology-enabled ecosystem for protection and insurance. bolttech serves customers in 39 markets across Asia, Europe, North America, and Africa.

With a full suite of digital and data-driven capabilities, bolttech powers connections between insurers, distributors, and customers to make it easier and more efficient to buy and sell insurance and protection products.

For more information, please visit www.bolttech.io.

For more information about bolttech in North America (bolt), visit https://boltinc.com/ 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

bolttech and Bold Penguin enter global strategic partnership

bolttech and Bold Penguin enter global strategic partnership

SYDNEY, Oct. 1, 2026 /PRNewswire/ -- Chery Australia has today opened the official reservation program for its highly anticipated Stockman diesel hybrid ute, giving Australian customers the opportunity to secure their place in line ahead of the vehicle's official sales launch.

From 1 October 2026 until official sales commence, customers who place a Stockman reservation online will be eligible for an exclusive pre-launch incentive package, designed to provide additional value to early adopters.

The pre-launch reservation offer includes:

  • $2,000 Bunnings gift card
  • Three years / 45,000km of complimentary scheduled servicing
  • Priority reservation of the Stockman in Matte Silver

Chery is excited to have entered an exclusive partnership with Bunnings to support the launch of the new Chery Stockman, bringing together two brands that share a strong connection with Australian lifestyles. The partnership reflects the Stockman's positioning as a versatile and capable dual-cab ute, designed to support Australians across work, weekends and everyday adventures.

As part of the pre-launch reservation program, customers who secure their Stockman reservation from 1 October will receive a $2,000 Bunnings Gift Card, providing an added benefit that complements the vehicle's practical, go-anywhere character.

The Stockman is an important addition to Chery's expanding Australian line-up, bringing the brand into the competitive dual-cab ute segment and broadening its offering to Australian customers.

"Opening reservations for the Stockman marks an important milestone for Chery in Australia," said Lucas Harris, Chief Operating Officer, Chery Australia.

"We've had a phenomenal response to the Stockman since the first announcement, and the reservation program gives customers the opportunity to secure their place ahead of the official sales launch, while also receiving a valuable pre-launch offer."

"The Stockman represents another significant step in the expansion of the Chery brand in Australia, and we look forward to sharing more details with customers as we move closer to its official launch."

Further information, including pricing, specifications and official sales launch timing, will be announced closer to the Stockman's arrival in Australian showrooms.

Chery Stockman reservations open online from 1 October 2026, with deliveries commencing from 1st Feb 2027.

Pre-launch reservation offer: $2,000 Bunnings gift card | 3 years/45,000km free servicing | Matte Silver reservation colour

Terms and conditions apply. The $2,000 Bunnings gift card is subject to applicable offer terms. Reservation, servicing and vehicle availability conditions apply. Further details will be available at the time of reservation. This offer is promoted and administered by Chery Motor Australia.

ENDS

About Chery Motor Australia:

Chery Australia is a leading automotive brand recognized globally for its commitment to innovation, style, and performance. With a rich history spanning over two decades, Chery has established itself as a pioneer in the industry. Known for producing technologically advanced and visually striking vehicles, Chery offers a diverse range of models that cater to different lifestyles and preferences. Each Chery vehicle embodies the brand's passion for pushing boundaries and redefining the driving experience.   

For more details on Chery visit www.cherymotor.com.au or Instagram @cheryaustralia

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Chery Stockman reservations open on 1 October with pre-launch customer offer

Chery Stockman reservations open on 1 October with pre-launch customer offer

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