Vymo and Exavalu Partner to Transform Insurance Distribution with AI and Digital Integration

Vymo, a multi-channel distribution management platform powered by AI for the global insurance industry, has announced a strategic partnership with Exavalu, a global digital advisory and systems integration consulting firm for insurance clients. The collaboration aims to accelerate innovation and address strategic challenges facing the insurance sector by combining Vymo's machine learning and AI-driven technology with Exavalu's deep systems integration and advisory capabilities.

The partnership focuses on streamlining agent recruitment and onboarding compliance, optimizing lead management processes, encouraging internal adoption, and creating more effective use of digital distribution management capabilities to improve carriers' sales and distribution operational efficiencies. Anthony Iuffredo, Vymo VP Head of Sales Americas, notes that while AI and machine learning gain traction in insurance, many carriers still use legacy onboarding processes. Companies expanding into new states need to recruit agents quickly, creating high demand for efficient onboarding. Through this partnership, manual onboarding processes can be reduced from two to three months to just a week, as detailed on their platform at https://getvymo.com/.

The collaboration will also help insurers optimize their 'lead to close' processes, which can be difficult to manage daily. Vymo's AI capabilities combined with Exavalu's strategic advisory solutions will ensure seamless management of leads across both captive and independent agents, potentially numbering in the thousands. This provides agents with the tools needed for greater success and additional business generation from their channels.

Saurav Basu, President and Founder of Exavalu, observes that a persistent industry challenge is low adoption of digital onboarding and compliance management solutions essential for reducing friction with agents during core modernization efforts. Exavalu partnered with Vymo because they offer a complete distribution management solution tailored to enhance agent onboarding, compliance, and lead management activities that complement carrier clients' digital transformation efforts. The partnership aims to harness Vymo's deep AI capabilities to help customers achieve higher returns on their substantial system modernization and automation investments, leveraging resources available at https://www.exavalu.com.

Vymo's platform provides AI-enabled guidance with access to data points within a firm's entire book of business and visibility into effective strategies. The analysis guides actions leading to better decisions, identifies new opportunities, and drives sales growth and customer retention. The partnership is designed to embed Vymo in as many of Exavalu's strategic solutions as possible, bringing improved services to mutual customers and enhancing their business operations through integrated digital transformation approaches.