CHARLOTTE, NORTH CAROLINA - (January 18, 2011) - Yodil, Inc., a provider of business intelligence (BI), data analytics, and management reporting services to the insurance industry, was launched today. The new firm comprises business assets acquired separately from Advanced Systems Design (ASD) of Morton, IL – and from a veteran insurance industry and agency consultant.
“BI is a critical necessity for competitive businesses, as well as a buzzword,” said Frederick Waite, Yodil’s CEO. “Yodil expands the concept and the substance of BI considerably. It leads the curve in richness of content, depth and breadth of business intelligence and reporting, cost-effectiveness, and ease of implementation. Yodil constitutes a new day for BI and a new way of doing business.”
Yodil bridges the carrier/agency data gap, enabling both parties – singly and in collaboration – to monitor all aspects of their businesses, from a single policyholder or producer to an entire book of business, with meaningful intelligence, in a shared environment, with common definitions. And it provides:
“The selling of our insurance-industry assets to Yodil is consistent with our strategic direction to work with vertical markets through the use of industry experts,” said Dave Johnson, founder, president, and COO of ASD. “We’d matured that vertical software offering to the point at which it was ready to leave the nest. We look forward to watching Yodil realize its potential.”