updated 4/19/2011 9:46:05 AM ET 2011-04-19T13:46:05

FARMINGTON, Conn., April 19, 2011 (GLOBE NEWSWIRE) -- BOLT, a leading insurance agency exclusively protecting small business owners, announced the availability of a new report from research and advisory firm, Celent, entitled " BOLT Insurance Agency : Changing the Small Commercial Insurance Service Paradigm." The report highlights the unique aspects of BOLT's offering in comparison to what has been available to small businesses and their owners to date. These distinctions include BOLT's ability to present small business owners with multiple comparison quotes within minutes, BOLT's exclusive focus on protecting small business owners and the strength of its technology platform, its processes and team of experts which combined, deliver a "high tech/high touch" approach.

"BOLT was selected as a Celent case study because it illustrates how technology can be leveraged to modify long-standing insurance business practices," said Mike Fitzgerald, Senior Analyst with Celent's Insurance Group and author of the report. "Linking people, process and technology in unique ways allows BOLT to meet the needs of an underserved market and, thus, provide protection and service to an important customer group."

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology. The 20-page report published by Celent is available to members of Celent's Property Casualty Insurance Research Services through Celent's web site. Non-members should contact info@celent.com for more information.

"An alarming number of American small businesses are uninsured or under insured and BOLT's mission is to fill this void by protecting small business owners from the risks they face every day," says Tom Hammond, executive vice president of operations at BOLT. "Our exclusive focus on the small business owner allows us to deliver the tools and support to enable these owners to protect their business and themselves. Nowhere else can small business owners thoroughly compare coverage and pricing, and ultimately purchase cost-effective insurance for their businesses within minutes. We're proud to be recognized by Celent as delivering the technology, process and expertise to meet the needs of this underserved market."

About BOLT

BOLT, the Business Owners Liability Team, is a national insurance agency that exclusively protects the owners of small businesses. BOLT agents help business owners choose the right insurance products to fully protect both their businesses and themselves personally. BOLT offers an on-line and interactive experience with leading carriers. As such, business owners can thoroughly compare coverage and pricing, and ultimately purchase cost-effective insurance for their businesses within minutes. Business insurance policies offered by BOLT include, but are not limited to, General Liability, Business Property Insurance, Workers' Compensation, Commercial Auto, Umbrella Insurance, Errors and Omissions, Directors and Officers, Business Interruption, Employment Liability, Sexual Harassment and Flood. These policies are provided by top-rated insurance carriers such as The Hartford, CNA, Liberty Mutual, Ace and Chubb. BOLT Insurance Agency is headquartered in Farmington, CT, and is licensed to do business in all fifty states. Come visit us at: www.boltinsurance.com .

The BOLT Insurance Agency logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8807

CONTACT: Media inquiries:
         Josh Baker
         Director of Marketing
         BOLT Insurance Agency
         860-777-2628
         jbaker@boltinsurance.com

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