CHARLOTTE, NORTH CAROLINA - (February 15, 2012) - Yodil, Inc., a provider of business intelligence (BI), data analytics, operational and management reporting to the insurance industry, has signed an agreement with Mountain States Insurance Group (MSIG), an insurance carrier specializing in commercial insurance coverage. Mountain States will subscribe to the full complement of Yodil's business intelligence platform in a multi-year Software as a Service (SaaS) agreement. MSIG's product portfolio includes more than 8 commercial lines of business ranging from BOP and Commercial Package to Workers Compensation, Inland Marine and Auto.
"Mountain States is a perfect match for us," said Fred Waite, CEO of Yodil. "We specialize in delivering analytical data and reporting to insurers that enable them to monitor, measure and manage their business. While MSIG is working on implementing a new policy administration system, our experts are implementing the Yodil platform to bring the data from their two systems together. Our platform will provide them 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.
"Mountain States Chief Risk Officer, Beau Irwin, commented, "At Mountain States, we rely on our data for decision-making. It is important that we are able to focus our energies on analyzing and using information rather than on the processes of organizing and integrating it. Yodil allows us to do just that at a significantly lower cost while still providing us a scalable data warehouse and robust business intelligence capabilities, combined with its ease of use and quick implementation."
The Mountain States Insurance Group of companies is a leading provider of commercial property and casualty insurance throughout the Southwest. The Group traces its roots back to its founding in 1937 by Clifford P. Anderson who later represented New Mexico in the United States Senate. The Group provides a full suite of insurance products including Workers' Compensation, Commercial Automobile, Business Owners, Inland Marine, Property and General Liability coverages in New Mexico, Colorado, Texas and Utah. The Group has two insurance entities - Mountain States Mutual Casualty Company and Mountain States Indemnity Company. Visit www.msig-nm.com or more information.