Yodil has signed an agreement with insurance carrier Mountain States Insurance Group (MSIG).
Under the terms of the agreement, Mountain States will implement Yodil’s business intelligence platform in a multi-year Software as a Service (SaaS) agreement.
MSIG’s product portfolio includes more than eight commercial lines of business ranging from BOP and commercial package to workers compensation, inland marine, and auto.
Yodil CEO Fred Waite said the platform will provide insurer with meaningful operational and analytical reports, scorecards, and dashboards.
"In addition, this partnership will allow us to develop two reusable integration connectors for prominent policy administration systems, enabling hundreds of additional insurance carriers to realize the benefits of Yodil and the BI we provide," Waite said.
Mountain States chief risk officer, Beau Irwin said Yodil allows the firm to do just that, at a significantly lower cost, while still providing us a scalable data warehouse and business intelligence capabilities, combined with ease of use and quick implementation.
Yodil is a provider of business intelligence (BI), data analytics, and management reporting to the insurance industry while Mountain States Insurance provides commercial property and casualty insurance services throughout the Southwest.