KANSAS CITY August 17, 2021 – PerkSpot, the national discounts program enjoyed by millions of U.S. employees, has selected insurtech leader Mylo as their partner to offer auto and home insurance at the best value. PerkSpot helps nearly 1000 U.S. companies attract, engage and retain talent by providing an online marketplace with thousands of exclusive discounts from top brands. Members can quickly find money-saving solutions for products and services including automotive, health and wellness, electronics, travel, tickets, financial services and more.
Mylo will embed their technology platform into the PerkSpot experience, giving members instant access to expert advice and guided shopping for personalized auto and home insurance. Mylo is a digital agency launched in 2015 and backed by the world’s largest independent broker Lockton and global investor Guggenheim Partners. Their proprietary technology The Mind of Mylo™ draws on 50+ years of expertise to recommend ideal coverage for each need – then finds the right policy at the best value from multiple carriers.
“Mylo is a natural partner in finding meaningful savings for employees,” said Chris Hill, PerkSpot CEO. “We selected them because of the ability to integrate their platform into our customer experience, giving our members instant advice and the best insurance value while they’re saving money in other important areas.”
In addition to auto and home insurance, Mylo’s digital platform offers renters and umbrella policies and coverage for multiple vehicles, including motorcycle, RV, ATV and boat. Because they have top carrier partnerships in all 50 states, Mylo can insure more difficult geographical areas and meet a combination of personal insurance needs in one place.
“We’re excited to join PerkSpot in their mission of improving the lives of millions of employees,” said David Embry, Mylo CEO. “Embedding our insurance capabilities into the PerkSpot platform will enable their members to find the best value for their personal lines coverages and take comfort in the knowledge that they have an advocate who’s looking out for their overall financial wellness.”
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.
PerkSpot’s mission is simple: We are solely focused on putting money back in your employees’ pockets. We do that by sourcing the most exclusive and personalized discounts, savings, and rewards that employees actually want. Our managed discount and reward experience brings it together so that it’s as easy and inexpensive as it is impactful for you. And while our platform helps you engage and retain your workforce, it’s also one of the best ways you can help your employees — for the large or small purchases that make a difference.
Headquartered in Chicago, PerkSpot is online at www.perkspot.com.