Vymo, the world’s leading sales engagement platform for financial institutions, has been recognized in the 2023 Gartner® “Emerging Tech Impact Radar: Artificial Intelligence in Insurance” report for improving sales productivity through predictive and prescriptive analytics. The report examines how emerging technologies and trends influence the development of AI-powered products and services in the insurance industry.
Gartner states, “The massive data footprint within insurance companies, including the large number of disparate systems, will drive the need for data fabric in the future as insurers improve data availability for decision making, automation and unlocking new insights.”
Vymo’s mobile-first interface automatically captures client engagement activities, such as calls, meetings, and emails, without any manual intervention. With clean, complete, and accurate data, the platform’s innovative use of AI technologies provides data-backed insights and personalized guidance for better decision-making.
Vymo also analyzes the sales behaviors of high-performing agents and creates engagement best practices and playbooks for different personas. It prompts users to replicate profitable behaviors through contextual nudges and interventions to improve the productivity of the entire salesforce. With dynamic customer engagement strategies, agents can foster long-lasting client relationships, driving business growth and success. This cutting-edge approach to sales productivity is transforming the industry and propels Vymo to the forefront of AI innovations in the insurance sector.
Commenting on the news, Venkat Malladi, CTO and Co-Founder of Vymo, says, “The insurance industry is undergoing a period of rapid change, and emerging technologies like AI are playing a key role in shaping its future. We’re proud to be at the forefront of AI innovations in the sector, and we’re excited to continue pushing the boundaries of what’s possible with predictive and prescriptive analytics. We’re honored to be recognized by Gartner for our contributions to this space.”
Vymo (www.vymo.com) is the Sales Engagement Platform of choice for 350,000 salespeople across 65+ Global Financial Institutions such as AIA, Berkshire Hathaway, Generali, AXA, Sunlife, and HDFC Bank. The platform drives productivity bottom-up through nudges and interventions across the customer lifecycle. Vymo has been recognized by Gartner as a Representative Vendor in the Sales Engagement Market Guide, and by Forrester as a ‘Strong Performer’ in The Forrester Wave 2022 report. Vymo has raised over $45M in funding from Sequoia Capital, Emergence Capital, and Bertelsmann India Investments.
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