
YODIL
Enterprise data management solutions for the insurance industry.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
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Yodil, founded in 2010 and headquartered in Charlotte, North Carolina, provided data management solutions tailored for the property and casualty (P&C) insurance sector. The company offered a suite of services encompassing business intelligence, data warehousing, data quality assurance, and data governance. Its core offering, the Yodil Platform, functioned as a centralized information hub, consolidating internal and external data to support operational and analytical needs for carriers, reinsurers, MGAs, and other industry players. The platform was designed to enhance decision-making across various departments, including marketing, underwriting, claims, and finance, by providing actionable insights and reporting.
Yodil's business model was centered on delivering its Enterprise Data Management software to P&C, workers' compensation, and specialty lines of insurance. On January 4, 2017, Yodil was acquired by Duck Creek Technologies, a prominent provider of core system software and cloud services for the P&C industry. The acquisition aimed to integrate Yodil's data platform with Duck Creek's existing analytics tool, Duck Creek Insights, to create a comprehensive data management and analytics solution for insurance carriers. The CEO of Yodil at the time of the acquisition was Frederick Waite.
Keywords: insurance data management, enterprise data warehouse, business intelligence insurance, P&C insurance solutions, data governance insurance, Duck Creek Technologies, insurance analytics, data warehousing, property and casualty insurance, workers compensation data, specialty lines insurance, insurance reporting, reinsurance data, underwriting solutions, claims data management