Finance Monthly Honors Mylo With Global and FinTech Awards as InsurTech Firm of the Year

KANSAS CITY, Mo., April 7, 2022 (Newswire.com) - Insurtech pioneer Mylo has been honored with two awards by Finance Monthly, the premier media brand offering financial news coverage and inspiration for the worldwide business community. Mylo received a 2021 Global Award and a 2022 FinTech Award recognizing the digital agency as InsurTech Firm of the Year. This awards program celebrates the achievements and successes of leaders, innovators and startups within financial technology.

Mylo was recognized for combining proprietary cloud-based technology with 50+ years of expertise in an innovative embedded insurance platform. Their Mind of Mylo™ technology integrates into the customer experiences of companies in multiple industries to make personalized coverage recommendations, match needs with top carriers who have appetite and intelligently quote policies that offer wealth-protecting value. Clients receive the same individualized experience whether they shop online or over the phone with a licensed advisor.

Finance Monthly determines Global and FinTech Award winners through an exacting process that includes nominations made from a worldwide pool by their editorial board, a voting round by their readership (including CEOs, CFOs, entrepreneurs and more) and a final selection round based on criteria that includes uniqueness and creativity, potential to have a large-scale impact, ease of technology integration and evidence of a sustainable business model.

Mylo's consecutive Global and Fintech Awards reflect their success at combining startup speed and flexibility with the decades of expertise that come from the backing of two global companies - Lockton Companies and Guggenheim Partners. By offering both breakthrough technology and deep insurance experience, Mylo is the partner of choice for a wide range of fintech and other industry leaders.

"These awards from Finance Monthly are great recognition for our mission to revolutionize insurance," said David Embry, Mylo CEO. "We're excited to help fintech leaders deliver more personalized solutions to their clients through our digital insurance experience."

Mylo has been recognized with three other industry awards in 2022. They include "Best InsurTech Company" in the FinTech Breakthrough Awards, the Global Excellence Award in the category "2022's Leaders in Digital Insurance Solutions - USA" from Acquisition International Magazine and the CX-cellence Award for "Pioneering a New Insurance Experience" from Client Savvy. In 2021, Mylo earned seven industry awards, including winning placement on the InsurTech100 by FinTech Global and America's Best Startup Employers by global media brand Forbes.

About Mylo

Mylo is an insurtech leader with an embedded insurance 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 the world's largest independent broker Lockton and global investor Guggenheim Partners, Mylo draws on 50+ years of expertise to offer personalized insurance recommendations and ideal solutions online or over the phone with licensed agents. For more information, go to ChooseMylo.com.

About Finance Monthly

Finance Monthly is a global publication delivering news, comment and analysis to those at the center of the corporate sector. Finance Monthly reports on the news and topics that matter to the CEOs, CFOs, investors, company directors, entrepreneurs, and SMEs that make up our valued readership. We're a multi-platform publication, offering global finance news coverage both online and in digital formats, distributed to 195,880 people each month. Visit www.finance-monthly.com.

Source: Mylo