Insurity and e2Value to Provide P&C Insurers with Straightforward Valuations and Replacement Costs, Enabling Better Risk Management

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced that, together with e2Value, is offering promotional pricing for e2Value’s valuation and replacement cost calculations for insurance organizations. e2Value has been a long-term partner of Maprisk, an Insurity company, and has a proven record of helping insurance organizations improve risk management and minimize financial losses by providing access to the most up-to-date replacement costs for commercial and residential structures.

e2Value is the leading provider of web-based property valuation solutions and has grown to be the go-to valuation option for over 800 companies and has 600,000 users. With tens of millions of calculations completed, e2Value has a proven record of helping insurance organizations grow their business footprint by attracting new customers, and retain existing clients with fast, cost-effective, and convenient valuations.

Over the last several years, the costs of claims to building materials have significantly increased, impacting many insurance organizations’ bottom lines. As a result, there has been increased pressure on insurers to be able to provide more competitive rates to their clients. Using patented technology, e2Value’s tools offer a review of the current state of a structure and a way to help set expectations for future business through valuation reports.

Insurity will be offering special promotional pricing for a limited time to its customers. Insurers who take advantage of this promotion will receive access to e2Value’s valuation and replacement cost calculation tools at a discounted price.

“We’re excited to continue our partnership with Insurity and provide our patented valuation services to their customers,” said Todd Rissel, CEO at e2Value. “Within this partnership, Insurity customers will not only be able to provide more competitive rates to their policyholders, but they will be able to gain a more accurate picture of risk with our comprehensive valuation reports.”

“Having a current valuation will be one of the most important capabilities for insurance organizations, especially in our current economic landscape,” said Kirstin Marr, Chief Analytics Officer at Insurity. “When delivering property valuations to commercial or residential clients, companies need dependable data. Integrating e2Value’s patented estimator with Insurity’s solutions can enable insurers to quickly calculate the cost of replacing a structure and provide them with a rapid, cost-effective, and accurate replacement cost valuation.”

To learn more about Insurity’s partnership with e2Value and promotion details and eligibility requirements, please get in touch with 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 and with unrivaled industry experience and the industry's 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.

About e2Value

e2Value, Inc., is headquartered in Stamford, Conn., USA. e2Value was started in 2000 by former insurance company executives with extensive experience in low-, mid- and high-value homes and high-value commercial buildings. e2Value developed and patented a knowledge-based valuation system that emphasizes standardization and consistency. The system we developed, the Expert Valuation System (EVS™), did the one thing that no other provider had ever achieved —it is the one valuation system that can be used to calculate the value of any home or building, regardless of size or value.