Insperity Announces Relationship with Mylo, a Lockton Company
August 22 2018 - 9:00AM
Business Wire
Brokered benefits and business insurance shop
enhances Workforce Acceleration solution
Insperity, Inc. (NYSE: NSP), a leading provider of human
resources and business performance solutions for America’s best
businesses, today announced it has entered into a relationship with
Mylo, a digital one-stop insurance shop backed by more than 50
years of Lockton success.
As a result of this relationship, Insperity’s Workforce
Acceleration solution, a comprehensive traditional employment human
resources bundle for customers outside of the Professional
Employment Organization (PEO) relationship, is enhanced through
Mylo’s solution for business, group health, home, auto and
individual health insurance needs. Insperity Insurance Services,
LLC, a licensed insurance broker, entered into the agreement with
Mylo.
“We are pleased to extend our long-standing relationship with
Lockton through the addition of Mylo to our Workforce Acceleration
solution,” said Paul J. Sarvadi, Insperity chairman and chief
executive officer. “We are now able to offer a high level of
expertise and quality insurance solutions generally unavailable to
this target customer base, which is consistent with our goal to
provide the leading traditional employment HR bundled solution in
the marketplace.”
“Insperity and Mylo are a natural fit,” said David Embry, Mylo
president. “Technology allows us to integrate with Insperity’s
experience and offer commercial insurance and small group health
tailored to their customers’ needs. In addition, we can target
business owners more effectively, and Insperity can provide new
solutions to meet customer requests.”
Workforce Acceleration offers an end-to-end HCM solution,
complemented by Insperity’s high level of service, which scales as
a company’s needs grow. Business functions such as payroll, time
and attendance, HR administration, employee onboarding, performance
management, brokered benefits management and more are accessed
through a single entry point, allowing records to remain organized
and in sync, which results in greater accuracy and increased
productivity to help boost the bottom line.
About Mylo
Mylo is a digital one-stop shop that makes it easy
for businesses and individuals to compare and purchase
top-rated insurance products from multiple carriers, including
business, group health, home, auto, life and individual
health. Launched in 2015 by Lockton, the world’s largest
privately held independent insurance broker, Mylo offers
expert insurance recommendations online or in person with
licensed agents. Mylo can be easily integrated into a
partner’s customer experience, providing a proven boost
in customer engagement. For more information, visit
https://www.lockton.com/Mylo.
About Insperity
Insperity, a trusted advisor to America’s best businesses for
more than 32 years, provides an array of human resources and
business solutions designed to help improve business performance.
Insperity® Business Performance Advisors offer the most
comprehensive suite of products and services available in the
marketplace. Insperity delivers administrative relief, better
benefits, reduced liabilities and a systematic way to improve
productivity through its premier Workforce Optimization® solution.
Additional company offerings include Human Capital Management,
Payroll Services, Time and Attendance, Performance Management,
Organizational Planning, Recruiting Services, Employment Screening,
Expense Management, Retirement Services and Insurance Services.
Insperity business performance solutions support more than 100,000
businesses with over 2 million employees. With 2017 revenues of
$3.3 billion, Insperity operates in 70 offices throughout the
United States. For more information, visit
http://www.insperity.com.
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Insperity, Inc.Investor Relations Contact:Douglas
S. Sharp, 281-348-3232Senior Vice President of Finance,Chief
Financial Officer and
TreasurerInvestor.Relations@insperity.comorNews Media
Contact:Suzanne Haugen, 281-312-3543Public Relations
ManagerMedia@insperity.com
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