Press release

Stonetrust Commercial Insurance Selects Insurity’s Cloud-hosted ‘Workers’ CompXPress Suite’ to Improve Operations and Customer Experience

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Sponsored by Businesswire

Insurity,
Inc., a provider of a leading insurance platform that includes policy,
billing, claims, data analytics and digital enablement, announces that Stonetrust
Commercial Insurance Company
will adopt the company’s Workers’
CompXPress Suite
including policy, billing, claims, and agent and
policyholder portals for a unified and streamlined employee and customer
user experience. Stonetrust is a Louisiana-based monoline workers’
compensation insurer writing business in ten states.

The cloud-hosted solution increases operational flexibility and allows
the insurer to scale products on demand without further investment in IT
infrastructure.

“Working with Insurity to completely digitize our internal and
customer-facing operations was an easy decision, as it empowers us to
provide a better experience for our agents, policyholders and their
injured employees,” says Mike Dileo, President and CEO of Stonetrust.
“We completed a comprehensive vendor selection process involving several
major technology providers and selected Insurity for their intuitive
platform, stellar track record in successful implementations, as well as
their leadership in cloud migration and data security.”

The Workers’ CompXPress Suite equips Stonetrust’s management team
with a wealth of customizable dashboards and analytics tools to offer
tailored role-based user interfaces for improved data-driven decision
making, as well as enhanced reporting capabilities. Insurity’s
market-leading application programming interface (API) ecosystem
connects the most third-party data and solutions in the market to allow
Stonetrust complete control to build autonomous workflows and seamlessly
integrate third-party systems in the future.

“We’re excited to work with Stonetrust to support their digital
transformation, enabling better data capture and processing for quicker
and more actionable decisions,” says Michele Shepard, Chief Revenue
Officer at Insurity. “Among the most important capabilities an insurance
company can have in a technology-driven environment are the agility and
flexibility to keep up with shifting market needs, and we’re pleased to
offer simple, accessible solutions to make that happen.”

The Workers’ CompXPress Suite is purpose-built for monoline
workers’ compensation insurers and self-insurance groups of all sizes,
based on Insurity’s deep industry expertise. For more information on the
Insurity platform and solutions, visit www.insurity.com.

About Stonetrust Commercial Insurance Company

At Stonetrust Commercial Insurance Company, it is our mission to be a
professional and capable partner to our policyholders and producers
while providing workers’ compensation coverage at competitive rates.
Stonetrust seeks to develop a working relationship with each
policyholder and producer to achieve our mutual goal of workplace safety
and claims cost containment. Stonetrust is a Nebraska domiciled
insurance company headquartered in Baton Rouge, Louisiana, providing
workers’ compensation and employers’ liability coverage to more than
4,500 policyholders. We have evolved from a workers’ compensation
self-insurance trust to a stock insurance company licensed in 10 states:
Alabama, Nebraska, Louisiana, Arkansas, Mississippi, Oklahoma, Kansas,
Missouri, Tennessee and Texas.

About Insurity

Insurity, Inc. offers innovative and flexible insurance technology that
allows clients to meet their business goals and offer a simplified
experience. With the market’s most advanced cloud operations, Insurity’s
platform offers scalable, highly secure and reliable solutions that
increase speed to value. Insurity’s solutions and deep understanding of
the insurance business address the needs of all carriers – from the Top
20 insurers to small or regional commercial, personal, or specialty
lines writers, as well as MGAs. For more information, visit www.insurity.com.