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Insuresoft Partners With Yodil to Bring BI to Policy Admin

Both systems use the same technology stack, easing the integration, the companies claim.

University Park, Ill.-based Insuresoft has partnered with Charlotte, N.C.-based Yodil to add the latter's business intelligence and analytics to the former's Diamond policy administration system.

The goal is for Yodil's offering to complement the Diamond System’s operational reports and give P&C carriers additional business insight. The integration between products will be accelerated because both companies share a Microsoft technology stack, they say.

“Yodil’s Business Intelligence and data analytics experience can help bring another value added service to Insuresoft customers,” says Tony Villa, President and CEO at Insuresoft, in a statement. “We look forward to a long successful relationship with the team from Yodil.”

“Given the number of carriers with which Insuresoft works, we’re going to be able to create effective economies of scale,” Frederick Waite, CEO at Yodil, adds in the statement. “The integration between the Yodil Platform and the Diamond System will be reusable for all present and future users of the system. In that sense, there’s a ripple effect to the benefit carriers will receive from this partnership.”

Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio

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