August 10, 2021 – Digital insurance agency Mylo has been named InsurTech Innovator of the Year in the 2021 FinTech Awards conducted by the global publication Wealth & Finance International. Mylo was honored for innovating an embedded insurance platform that leverages proprietary technology, decades of expertise, leading carrier partners, expert licensed advisors and more to connect small business owners and individuals with coverage that protects financial assets.
Wealth & Finance International, whose worldwide audience includes 130,000+ fund managers, high net worth individuals and private and institutional investors, launched the FinTech Awards to recognize innovators who change the way people manage their finances. One of Mylo’s specialties is delivering expert insurance services to financial advisors to ensure the success of their clients’ holistic financial plans. Mylo’s tech-equipped concierge team provides strategic insights to advisors and earns industry-leading customer satisfaction scores for assessing client assets and recommending wealth-promoting coverage.
Launched in 2015, InsurTech leader Mylo is backed by the world’s largest independent broker Lockton and global investor Guggenheim Partners. Drawing on 50+ years of Lockton expertise, Mylo’s innovative technology – The Mind of Mylo™ – delivers personalized insurance solutions through tech engines that recommend ideal coverage to protect financial wellness, match risks with carrier appetites and identify the right policy at the best value from top-rated carriers.
“We’re excited to be recognized as InsurTech Innovator of the Year for our embedded insurance platform that is driving change for financial advisors,” said David Embry, Mylo CEO. “The financial industry is undergoing a major transformation and we’re proud to help lead the way by revolutionizing insurance.”
Mylo continues to win honors that include receiving the 2021 InsurTech Innovation Award in the FinTech Breakthrough Awards and being named one of America’s Best Startup Employers 2021 by Forbes. 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 was also named to Insurance Business America’s Hot 100 in 2019 and recognized on the Techweek 100 in 2018 as an Innovator and in 2017 as a Rising Startup.
About Mylo: 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.
About Wealth & Finance International: Wealth & Finance International is dedicated to providing fund managers and institutional and private investors around the world with the latest industry news across both traditional and alternative investment sectors. Distributed each month to more than 130,000 high net worth and ultra-high net worth individuals, fund managers, institutional investors and professional services firms, Wealth & Finance International has rapidly become the go-to resource for those looking to make the right decisions when it comes to securing and growing their wealth. For more information, visit wealthandfinance-news.com.
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