INSTEC ANNOUNCES SUPPORT OF COMMERCIAL AUTOMOBILE IN MASSACHUSETTS

Naperville, IL - 21 February 2007

INSTEC provides Commercial Auto lost costs, rules, and forms for Massachusetts Business Auto, Garage, and Truckers exposures.

INSTEC, a leading provider of rating and policy administration software for the insurance industry and experts in integrated solution delivery, announces the immediate availability of QuickSolver® Commercial Automobile software that includes full support of Massachusetts Business Auto, Garage, and Truckers using Automobile Insurers Bureau (AIB) loss costs, rules and forms.

Commercial Auto in Massachusetts is now available to all INSTEC clients. This enhancement provides Massachusetts specific coverages and forms and policy issuance. On-going maintenance of AIB revisions in Massachusetts will be provided as part of the standard INSTEC maintenance agreement.

Mary Jane Edwards, INSTEC’s Commercial Automobile Product Manager, stated “The addition of Massachusetts Auto and the subsequent support of on-going AIB rate, rule and form updates, completes our QuickSolver Auto solution. INSTEC customers are now empowered to write all the major lines of commercial insurance - Property, General Liability, Inland Marine, Crime, Package, Businessowners, Workers Compensation, Specialty - immediately using our off-the-shelf QuickSolver system, in every state in the continental US.”

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