SOURCE: Yodil, Inc.

Yodil, Inc.

December 04, 2013 09:06 ET

Yodil Signs Coverys

Insurance BI Will Support and Complement Accenture Duck Creek's Policy, Billing, and Claims Solutions or Software

CHARLOTTE, NC--(Marketwired - Dec 4, 2013) - Yodil, Inc., a provider of business intelligence (BI), data warehousing, reporting and analytics to the insurance industry, has signed Coverys to the Yodil BI Platform, with a particular focus on Yodil's Insurance Data Store (IDS) to integrate enterprise data across multiple regional legacy core insurance systems and their new Accenture policy, billing, and claim systems. 

Coverys is undertaking a core systems replacement effort with the Accenture Duck Creek Suite across the Coverys companies. Yodil's BI Platform and Insurance Data Store (IDS) will provide the foundation for the Coverys Enterprise Data Warehouse (EDW), holding historical and current data to provide operational and management reporting, business intelligence, and analytics.

"This is a huge feather in Yodil's cap," said Frederick Waite, Yodil's CEO. "Coverys determined, after extensive evaluation of BI providers in the insurance space, that the Yodil IDS is the most functionally comprehensive enterprise data warehouse on the market. In addition, they recognized our expertise in the Medical Professional Liability sector and the synergies in our relationship with Accenture Software Suite. It really is the perfect fit for all parties."

"We were as impressed with the Yodil team as we were with their offerings," said Eric Crockett, Coverys VP of Information Technology. "We knew right away they were insurance people. They knew our business. They recognized our challenges, and they fit right into our cultural and technological environments."

About Yodil, Inc.
Yodil is a leading provider of business intelligence (BI), marrying deep insurance knowledge with rich content and adaptable technology. Yodil delivers a comprehensive data warehouse, BI, and reporting platform that can serve as the information hub for insurance carriers, MGAs, and agencies, providing management and operational reporting and data analytics. For more information, please visit www.yodil.com, call 855-749-6345, or e-mail info@yodil.com.

About Coverys
Coverys is one of the top 10 medical professional liability insurance providers in the country based on direct written premium. Coverys member companies insure more than 25,000 physicians, surgeons, dentists, certified nurse midwives, and allied healthcare providers, as well as more than 500 hospitals, health centers, and clinics in 24 states from coast to coast. Coverys has net admitted assets of $3.3 billion, direct written premium of $368 million, and policyholder surplus of $1.3 billion, as of December 31, 2012. In addition, Coverys member insurance companies, Coverys Insurance Company ("ProMutual") and ProSelect Insurance Company ("ProSelect"), as well as ProMutual-sponsored Coverys RRG, Inc. ("Coverys RRG"), have a Best's Rating of A (Excellent). MHA Insurance Company ("MHAIC") and Washington Casualty Company ("WCC") have a Best's Rating of A- (Excellent). For more information, please visit http://coverys.com.

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