Mylo
Mylo is a digital insurance agency headquartered in Leawood, Kansas. It was founded in 2015 within Lockton Companies and provides online insurance shopping, coverage recommendations, and carrier comparisons for small businesses and individuals.[1] Mylo is licensed in all 50 U.S. states and offers commercial and personal insurance products through multiple carriers.[citation needed] The company separated from Lockton in 2023 and became an independent business backed by Group 1001.[2]
History
Mylo was established in 2015 inside Lockton Companies as a digital platform designed to expand access to insurance products.[3] Its model focused on using technology to manage a high volume of small policies.[4] The company developed a distribution approach that allows partners in various industries to integrate Mylo's insurance platform into their services.[5]
In 2018, Mylo received a minority investment from Guggenheim Partners to support platform development and growth.[6] In 2023, the company was spun out of Lockton with investment from Group 1001.[7]
Technology
Mylo uses a proprietary recommendation system, referred to as the "Mind of Mylo™," which applies predictive analytics to suggest coverage options and carriers.[citation needed] Its cloud-based platform can be integrated into partner businesses through APIs[8] or embedded widgets.[9]
Services
The company provides insurance products in several categories, including business, auto, home, life, and health insurance, as well as small group benefits.[10] Customers can purchase policies online or through licensed agents in every state. Some sources describe Mylo's model as combining digital tools and human advisory support[11][12]
Leadership
Mylo was founded by David Embry, who serves as Chief Executive Officer. Embry previously held leadership roles at SelectQuote and J.P. Morgan Chase.[13][14] Some industry publications have highlighted his involvement in insurance technology initiatives.[15][16]
Belen Tokarski joined Mylo in 2019 and became President and Chief Operating Officer in 2022.[17] She previously worked in commercial insurance and digital operations at Insureon and CNA Financial.[18] Her work at Mylo has been covered in insurance industry media.[19][20]
Recognition
Mylo has been included in several industry lists and award programs, including the FinTech Global InsurTech 100,[21] CNBC World's Top Fintech Companies,[22] and Forbes America's Best Startup Employers.[23] It has also received FinTech Breakthrough Awards in multiple years.[24][25][26] Coverage of the company has appeared in trade publications such as Insurance Business, Insurtech Insights, and Insurance Innovation Reporter[27][28][29]
References
- ↑ "Meet the insurtech: Mylo". Digital Insurance. 2023-09-06. Retrieved 2026-01-27.
- ↑ "Mylo CEO: Lockton's sale of stake creates growth opportunity for company's insurance tech". Kansas City Business Journal. 2023-07-27. Retrieved 2026-01-27.
- ↑ "Cover Story: Lockton spinoff hopes to create 'Amazon' of insurance". www.bizjournals.com. Retrieved 2026-01-27.
- ↑ thetechtribune (2024-07-26). "David Embry of Mylo". The Tech Tribune. Retrieved 2026-01-27.
- ↑ "Mylo Celebrates 10 Year Anniversary as Innovative Insurtech Leader". insnerds.com. Retrieved 2026-01-27.
- ↑ "Digital insurance broker Mylo Announces $28M Series A Funding | Insurance Innovation Reporter". iireporter.com. Retrieved 2026-01-27.
- ↑ "Mylo, a KC business with the goal of becoming the 'Amazon' of insurance, is no longer part of Lockton". Kansas City Business Journal. 2023-05-23. Retrieved 2026-01-27.
- ↑ "NBKC Bank, Mylo team up to help mortgage customers get insured". Kansas City Business Journal. 2022-09-15. Retrieved 2026-01-27.
- ↑ jhaxell (2024-09-12). "Mylo partners with Fayr: Revolutionising insurance access for divorced parents". FinTech Global. Retrieved 2026-01-27.
- ↑ Revolutionist, The Financial (2023-10-31). "Selling and embedding an agency with Mylo". The Financial Revolutionist. Retrieved 2026-01-27.
- ↑ Team, Editorial (2024-08-05). "EMPOWERING INSURANCE: Belen Tokarski - President and COO of Mylo". Insurtech Insights. Retrieved 2026-01-27.
- ↑ Morgan, Rayne (2025-08-04). "Agents vs. Algorithms? Why AI still needs human advisors in insurance". Insurance News | InsuranceNewsNet. Retrieved 2026-01-27.
- ↑ "The Top 25 InsurTech Executives of 2025 | The Financial Technology Report". Retrieved 2026-01-27.
- ↑ thetechtribune (2024-07-26). "David Embry of Mylo". The Tech Tribune. Retrieved 2026-01-27.
- ↑ "How insurance carriers and agencies can win together". Digital Insurance. 2025-05-28. Retrieved 2026-01-27.
- ↑ "Embedded Insurance 2.0: How Insurers Are Cracking the Code on Seamless, High-Conversion Partnerships". ITC Vegas 2025. Retrieved 2026-01-27.
- ↑ "Mylo Chief Operating Officer Belen Tokarski Named Mylo President". www.newswire.com (Press release). Retrieved 2026-01-27.
- ↑ Team, Editorial (2024-08-05). "EMPOWERING INSURANCE: Belen Tokarski - President and COO of Mylo". Insurtech Insights. Retrieved 2026-01-27.
- ↑ "Belen Tokarski". Business Insurance. 2024-03-09. Retrieved 2026-01-27.
- ↑ "Mylo's Belen Tokarski sees leadership as 'confident humility'". Digital Insurance. 2025-11-19. Retrieved 2026-01-27.
- ↑ "InsurTech100 for 2025". InsurTech100 2025. Retrieved 2026-01-27.
- ↑ "The world's top fintech companies: 2025". CNBC. 2025-07-16. Retrieved 2026-01-27.
- ↑ Stoller, Kristin. "Meet America's Best Startup Employers 2021". Forbes. Retrieved 2026-01-27.
- ↑ "2021 Winners". FinTech Breakthrough Awards. Retrieved 2026-01-27.
- ↑ "2022 Winners". FinTech Breakthrough Awards. Retrieved 2026-01-27.
- ↑ "2023 Winners". FinTech Breakthrough Awards. Retrieved 2026-01-27.
- ↑ "Hot 100". www.insurancebusinessmag.com. Retrieved 2026-01-27.
- ↑ Team, Editorial (2024-05-30). "Ascend and Mylo Announce Strategic Partnership Driving Forward Insurance Industry". Insurtech Insights. Retrieved 2026-01-27.
- ↑ "Mylo Partners with UENI to Offer Embedded Business Insurance | Insurance Innovation Reporter". iireporter.com. Retrieved 2026-01-27.
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