The Future of Insurance The Future of Insurance – David Embry, CEO of Mylo (Live from ITC Vegas 2024)
Oct 22, 2024
15:33
David Embry, CEO of Mylo, a digital, independent insurance broker that uses AI and people to connect clients with the right coverage for their needs. He is responsible for the overall vision and financial performance of the business as well as developing strategic partnerships. As a seasoned entrepreneur with 20+ years of experience leading financial and insurance companies, David brings deep expertise and innovation to Mylo. Previously President of SelectQuote Benefit Solutions and Managing Director at J.P. Morgan.
Highlights from the Show
- Mylo is a digital broker that was built from within a big, national broker, and today uses technology to match small business and individual insurance customers with coverage
- They currently write about $4m in premium per month; 65% being small commercial, and the rest being personal lines, plus benefits for small businesses
- They use AI to keep up with changes in coverage and appetite in real-time rather than having to manually recode their algorithms through some regular review process
This episode is brought to you by The Future of Insurance thought leadership series, available globally from Amazon in print, Kindle and Audible audiobook.
Follow the podcast at future-of-insurance.com/podcast for more details and other episodes.
Music courtesy of Hyperbeat Music, available to stream or download on Spotify, Apple Music, and Amazon Music and more.