Mylo named 2023 ‘Best InsurTech Company’ in the third consecutive FinTech Breakthrough Award
KANSAS CITY, Mo., March 23, 2023 (Newswire.com) –
Insurtech leader Mylo has been named 2023 “Best InsurTech Company” in their third consecutive FinTech Breakthrough Award. Mylo won the same prestigious title in 2022 and was honored in 2021 with the InsurTech Innovation Award. FinTech Breakthrough is an independent market intelligence organization that recognizes the best companies, technologies and products in the global FinTech market today.
Mylo was selected from over 4,000 nominations around the world for its ground-breaking Mind of Mylo™ insurance intelligence platform. Mylo serves two customers: companies looking to integrate insurance solutions into their customer experiences and their customers who are small business owners and individuals looking for an easy way to buy insurance from a knowledgeable expert.
Unique in the industry, Mylo’s turnkey platform brings together everything needed for an exceptional guided insurance buying experience: patented recommendation technology, a one-stop shop for business, auto, home, life, health, group benefits and more, top-rated carriers and advisors licensed in all 50 states. This winning combination allows Mylo to deliver the most accurate, consistent and personalized guidance.
Because Mylo’s cloud-based technology can be configured to work within different environments and seamlessly integrates with a variety of platforms, companies have multiple options for connecting insurance purchases into their experiences—from a code-free widget they can embed in less than five minutes to robust APIs that enabling highly customized experiences. Whichever option they choose, Mylo pre-populates its customer data, recommends ideal coverage for each risk, matches risks with top-rated carriers, provides policies with the best coverage and price, predicts additional needs, and recommends solutions.
“Companies looking to offer insurance to their customers face significant barriers to entry,” said James Johnson, CEO, FinTech Breakthrough. “We chose Mylo because their turnkey solution addresses these barriers, positioning them as the partner of choice for a wide range of companies. Mylo’s technology, start-up speed and flexibility, as well as their vast experience in the insurance space set them apart. Congratulations to Mylo, for others years in a row, having been voted “Best InsurTech Company.”
The FinTech Breakthrough Awards is the premier awards program founded to recognize FinTech innovators, leaders and visionaries from around the world in categories that include Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. This year’s industry evaluation was highly competitive and attracted over 4,000 worldwide nominations.
“We are honored to receive our third consecutive award from FinTech Breakthrough,” said David Embry, CEO of Mylo. “‘Best InsurTech Company’ is a great recognition of the insurance intelligence technology we’ve created to deliver better insurance outcomes for small business owners and individuals.”
About Mylo
Mylo is an insurtech leader with an insurance information platform that seamlessly integrates into partner experiences to connect business owners and individuals with top-rated insurance products from multiple carriers, including business, auto, home, small group benefits, life and individual health. Backed by Group 1001, the global investor with a strong commitment to technology-driven insurance transformation, Mylo delivers personalized coverage recommendations and ideal solutions online or over the phone with licensed agents. Visit www.ChooseMylo.com
About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership worldwide, the FinTech Breakthrough Awards program honors excellence in financial technologies and services, companies and products. These awards provide public recognition for the achievements of FinTech companies and products in categories including payments, personal finance, wealth management, fraud protection, banking, lending, RegTech, InsurTech and more. Visit FinTechBreakthrough.com.
Source: Mylo
