KANSAS CITY, Mo., October 26, 2021 – Digital insurance innovator Mylo has been named to the 2021 InsurTech100 by FinTech Global, the world’s leading provider of FinTech information services that equip investors, advisors, innovative companies and financial institutions to make superior business decisions. The InsurTech100 honors companies who solve insurance industry challenges through technology and are likely to have a lasting impact on the industry.
Mylo was named to the 2021 InsurTech100 for permanently changing the game for small business owners and individuals by launching a comprehensive embedded insurance platform that directly integrates into the customer experiences of leading companies. Unique in the industry, Mylo brings together a one-stop insurance shop, proprietary recommendation engines, top-rated carriers, agents licensed in every state, 50+ years of expertise and exceptional customer experiences.
FinTech Global chose 100 premier InsurTech leaders from a worldwide pool by evaluating companies on the significance of the industry problem they’re solving, the innovation of their tech solution and their growth in capital, efficiency, customer traction and more. Mylo landed on a short list of InsurTechs who excel in every category. Key to Mylo’s breakthrough innovation is cloud-based technology that enables customers to shop for insurance while applying for an LLC, closing on a home loan, consulting a financial advisor and more.
“Being named to the InsurTech100 is a huge honor,” said David Embry, Mylo CEO. “We’re excited to be recognized for the transformation we led in our industry with an embedded insurance platform that puts insurance directly in the paths of people who are looking for it.”
Launched in 2015, Mylo is backed by global investor Guggenheim Partners and the world’s largest independent broker Lockton Companies. Their proprietary technology (The Mind of Mylo™) draws on 50+ years of Lockton expertise to recommend ideal coverage, match risks with carrier appetites and intelligently quote the best solutions from top carriers. Customers have the same personalized experience whether they shop online or over the phone with a licensed agent. Because Mylo’s cloud-based tech can evolve with lightning speed, partners access new capabilities as they launch.
This is Mylo’s fourth prestigious award in 2021. Mylo was named InsurTech Innovator of the Year by Wealth & Finance International, recognized as one of America’s Best Startup Employers by Forbes and honored with the InsurTech Innovation Award in the FinTech Breakthrough Awards. In 2020, Mylo was a Gold winner as Most Innovative Company of the Year and a Silver winner as Insurance Company of the Year in the 2020 Golden Bridge Business and Innovation Awards.
Mylo is a digital insurance shopping platform that seamlessly integrates into partner experiences to connect business owners and individuals with top-rated insurance products from multiple carriers, including business, small group benefits, home, auto, life and individual health. Backed by the world’s largest independent broker Lockton and global investor Guggenheim Partners, Mylo draws on 50+ years of Lockton insurance expertise to offer expert insurance recommendations online or in person with licensed agents. For more information, go to ChooseMylo.com.
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