Thimble and Bold Penguin Introduce AI-Powered Tool to Make Insurance Quoting Easier

September 2026, Thimble and Bold Penguin launched an AI-powered integration to make small business insurance quoting faster and more efficient. This technology links the two platforms, letting AI agents share information and help with quoting and binding through automated workflows.

The target is to cut down on repetitive tasks for insurance professionals and promote brokers involved in chief customer and coverage decisions. It shows the insurance industry's growing interest in using AI to boost efficiency while keeping people in control. By bringing these platforms together, the integration could make it easier for brokers, insurers, and small business customers to work together.

Impact on the Life Insurance Sector

The global life insurance market size was estimated at USD 8.25 trillion in 2025 and is predicted to increase from USD 9.01 trillion in 2026 to approximately USD 19.36 trillion by 2035, expanding at a CAGR of 8.9% from 2026 to 2035.

According to Precedence Research, the rising expansion of the middle class in emerging sectors might result in greater use of AI in the insurance sector, particularly in the areas of commercial quoting and policy processing. Insurers could experience a decrease in the number of manual procedures and faster sharing of information between different platforms.

When these technologies develop further, businesses will need to find better methods for ensuring data accuracy, security, compliance, and accountability. This transition indicates a trend towards AI systems that carry out specific insurance tasks and provide information.

Impact on the Insurance Brokerage Sector

The global insurance brokerage market size was estimated at USD 342.92 billion in 2025 and is predicted to increase from USD 374.50 billion in 2026 to approximately USD 818.12 billion by 2035, expanding at a CAGR of 9.08% from 2026 to 2035.

According to Precedence Research, due to consumer demand for customized insurance plans, insurance brokers may spend less time on repetitive quoting and navigating systems. Faster workflows could assist brokers in responding more quickly to small business clients.

 With automated communication between platforms, brokers can handle customer requests more quickly and focus on coverage discussions and building relationships. Additionally, brokers will need to check information carefully and make sure automated processes lead to accurate quotes and the right coverage choices.

Impact on the Insurtech Sector

The global insurtech market size is calculated at USD 36.05 billion in 2025 and is predicted to increase from USD 50.03 billion in 2026 to approximately USD 739.69 billion by 2035, expanding at a CAGR of 35.27% from 2026 to 2035.

According to Precedence Research, small businesses may find it easier and faster to buy insurance as AI helps move quoting information between platforms. Quicker workflows could mean less waiting and make it simpler for customers to get insurance options from their brokers. 

This technology may be especially helpful for straightforward commercial risks. Still, the benefits for customers will depend on having accurate information, good coverage choices, fair prices, and the right amount of human involvement during the process.

Expert Opinion

From an expert point of view, this development marks a key step in how the insurance industry is using AI. Instead of just acting as a separate assistant, this integration shows that automated systems can help across diversified insurance platforms. For brokers, the main advantage could be having more time to focus on customers by replacing routine tasks. 
Its real value will depend on whether it can reliably minimize paperwork by keeping things accurate, secure, and properly reviewed by people. If this approach works well, we may see more of these connections in commercial insurance, especially where quoting is frequent and standardized.