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Press release


INSURITY LAUNCHES CIRC, A BEST-IN-CLASS SOLUTION FOR SEAMLESSLY MANAGING
REGULATORY CHANGES, AND EXPANDS ITS #1 MARKET POSITION AS THE SOFTWARE PROVIDER
MANAGING REGULATORY CHANGES FOR OVER 125 P&C INSURERS

August 29, 2023

Circ delivers bureau content changes directly into an insurer’s policy
administration software, saving them hundreds of hours annually and seamlessly
managing over 12,000 changes each year

HARTFORD, Conn.--Insurity, the leading provider of cloud-based software and
analytics for insurance carriers, brokers, and MGAs, today announced the launch
of Circ, its industry-leading regulatory offering, to monitor, analyze,
interpret, and implement regulatory changes. Insurity’s regulatory solution is
already trusted by over 125 commercial lines insurers that represents over $30
billion in gross written premium, expanding Insurity’s #1 market position as the
software provider of regulatory services management for P&C insurers.

Circulars are a critical source of information distributed by rating bureaus
that detail the latest filings of rules, forms, actuarial analysis, and P&C
industry developments. Many P&C organizations regularly review industry
developments impacting commercial lines insurance products to inform their
understanding of the market. Bureaus provide rate, content, and form updates via
their circulars to help insurance organizations address emerging risks related
to societal changes, evolving case law, and recent legislation. These changes
are necessary to ensure commercial insurance products remain competitive in a
rapidly changing marketplace.

Over the past five years, the pace and complexity of bureau changes has
increased significantly. With Circ, Insurity's best-in-class offering for
implementing regulatory changes, P&C insurance organizations can stay current on
the latest regulatory changes. Circ delivers changes directly into an insurers
policy administration system, saving insurers hundreds of hours annually without
spending valuable time or staff resources implementing these changes. Circ
enables insurers to gain a unified understanding of upcoming changes in
collaboration with the bureaus and empowers them to set informed filing dates
while receiving high-quality service from Insurity's regulatory experts.

Insurity processes more than 3,000 bureau circulars annually and works with each
P&C carrier and MGA to understand their unique approach to implementing
regulatory changes. This results in more than 12,000 changes made annually. With
Circ, Insurity empowers insurers to make the most out of bureau content from
both major and independent state bureaus across 20 lines of business, 50 states,
Washington D.C., and Puerto Rico.

"The increasing complexity and scope of regulatory changes is one of the biggest
disruptors in our industry, and insurance organizations and carriers need to
prioritize partnering with a vendor who has the experience and capability to
support the avalanche of change coming down the pike," said Sylvester Mathis,
Chief Insurance Officer at Insurity. "It's natural that each insurer has a
different philosophy for adopting future regulatory content. Insurity works with
each carrier to understand their unique approach to implementing regulatory
changes and streamlines all aspects of incorporating regulatory changes into
their policy administration software."

To learn more about Circ and Insurity's regulatory offerings, please contact
Elizabeth Hutchinson at Elizabeth.Hutchinson@insurity.com.

About Insurity

Insurity is a leading provider of cloud-based software for insurance carriers,
brokers, and MGAs. Insurity is trusted by 22 of the top 25 P&C carriers and 7 of
the top 10 MGAs in the US and has over 400 cloud-based deployments. Through its
best-in-class digital platform, unrivaled industry experience, and most robust
analytics offerings, Insurity is uniquely positioned to deliver exceptional
value, empowering customers to focus on their core businesses, optimize their
operations, and provide superior policyholder experiences. Insurity is a
portfolio company of GI Partners and TA Associates. For more information,
visit www.insurity.com.


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 * How to navigate the data revolution in underwriting
 * Insurity’s AI Resolves 75% of Policyholder Needs Without a Live Agent,
   Setting New Standard in P&C Insurance Customer Support


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