Mylo Partners with Financial Operations Automation Software Provider Ascend

Ascend seeks to modernize of the industry’s financial infrastructure integrations that complement Vertafore’s suite of products, improving processes, simplifying workflows and driving new business.

(Image source: Ascend.)

Ascend (Indianapolis), a provider of financial operations automation software to the insurance industry, has announced astrategic partnership with Mylo (Kansas City, Mo.), an InsurTech connecting individuals and business owners with top-rated insurance products from over a hundred carriers across multiple coverage lines.

Belen Tokarski, President and COO, Mylo.

An Orange Partner of Vertafore (Denver), Ascend aims to partner with AMS360 agencies such as Mylo to further advance the modernization of the industry’s financial infrastructure integrations that complement Vertafore’s suite of products, improving processes, simplifying workflows and driving new business.

“Our partnership with Ascend signifies a major milestone in our pursuit of insurance transformation through technology,” comments Belen Tokarski, President and COO, Mylo. “By adopting Ascend’s advanced automation tools, we are poised to unlock enhanced operational efficiencies, streamline financial management processes, and deliver an unparalleled customer experience. This collaboration exemplifies our commitment to leveraging innovative technologies to drive profitability and establish Mylo as a leader in the technology-driven insurance landscape.”

Customized Client Experience

Andrew Wynn, Co-Founder and CEO, Ascend.

The collaboration between Mylo and Ascend streamlines operations, reduces manual efforts, and ensures a customized client experience, according to a statement from Ascend. The company says that a unique combination of Ascend’s financial automation platform and Mylo’s guided insurance buying experience marks an exciting milestone in the insurance industry that will drive growth, customer satisfaction, and profitability.

“Ascend is prioritizing intentional and strategic growth through partnerships in the retail distribution channel,” comments Andrew Wynn, Co-Founder and CEO, Ascend. “This collaboration aims to revolutionize the insurance industry by combining Ascend’s cutting-edge financial automation solutions with Mylo’s robust ecosystem of channel partners and agencies.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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