Source: Yahoo Finance

This will enable Abenity’s value-focused members to find the best combination of coverage and price from leading insurance carriers, across auto, home, renters, small group benefits, life and health insurance.

Mylo will introduce guided insurance shopping to Abenity’s customer base of four million total users, who currently seek out the best value in products and services that include restaurants, entertainment, car rentals, fitness centers, childcare facilities, hotels and more. According to BrightPlan’s 2022 Wellness Barometer Survey, 54% of employees named financial wellness their number one most desired benefit. To prioritize employee retention and attraction in 2024, many businesses are upgrading their employee rewards, including through insurance offerings.

“We’re excited to launch our partnership with Abenity to empower members with a new tool for taking control of their finances,” said David Embry, Mylo CEO. “At Mylo, we’re focused on amplifying insurance solutions and can help individuals save time and energy through one-stop shopping for coverages that make their lives easier and provide the best value.”

Abenity is a proven resource for employers who want to recruit and retain employees during a challenging time when pay raises may be eroded by inflation. In addition, companies that partner with Abenity can help sponsor children living in extreme poverty through Abenity’s Social Mission.

“Employers across the U.S. seek out and trust Abenity as a resource for a wide range of products and services – and their employees will now benefit from Mylo’s full suite of insurance solutions,” said Travis Gravette, Abenity CEO. “Through Mylo, our members can now find the best value in coverage in all areas of their lives.”

Read full article: https://finance.yahoo.com/news/insurtech-mylo-announces-partnership-abenity-141500130.html