Fintech leader nbkc bank selects insurtech innovator Mylo as digital insurance partner

KANSAS CITY, Mo., September 8, 2022 (Newswire.com) - Award-winning online bank and mortgage lender nbkc bank has selected insurtech leader Mylo to transform insurance shopping for their clients. nbkc bank combines innovative financial technology with exceptional customer service to connect clients with a wide range of financial products - including streamlined ways to take out new home loans or refinance existing homes at competitive rates.

nbkc bank will add a new dimension to these services by embedding Mylo's tech-enabled guided insurance shopping platform - which gives clients instant access to expert homeowners coverage recommendations and quotes from leading carriers. Sophisticated data integration between the two innovators will power a streamlined experience. New homebuyers can take the stress out of meeting their home insurance requirement in time for closing - and refinancers can upgrade their current coverage to better meet their changing needs. Mylo also offers top-rated coverage for auto, umbrella, renters, motorcycle, RV, boat and more.

"We believe in simplifying the home loan process through technology while delivering competitive rates and great customer service," said Chad Cronk, nbkc Home Loans President. "We selected Mylo because they can help our clients find the insurance they need with the same expert guidance and passion for the customer experience."

The Mylo platform is powered by proprietary insurance intelligence technology that unlocks rich data from partners and other sources to recommend ideal coverage, match needs with top-rated carriers who specialize in them and intelligently quote the right policy at the best value. Whether they shop online or with expert advisors, clients receive the same personalized experience - which has earned Mylo an industry-leading customer satisfaction score. Mylo was also recognized with the 2022 CX-Cellence Award from CXps/Client Savvy for their superior customer experience.

"We're excited to partner with nbkc because they're transforming the loan experience for clients through financial technology," said David Embry, Mylo CEO. "Our digital platform will complement this innovative service with insurance solutions homeowners can count on."

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 nbkc

nbkc bank is a full-service online bank based in Kansas City, Missouri. Founded in 1999, nbkc makes banking simple and transparent unlike any other bank. nbkc is consistently recognized throughout the industry for combining technology-driven financial products with high touch customer service — and has been recognized as a Best Place to Work nationwide by Glassdoor in 2019. For more information, go to nbkc.com.

Source: Mylo