Market Overview

Encircle and Torrent Technologies to Streamline Flood Claims Handling

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Collaboration eliminates manual processes and reduces administrative
overhead by streamlining the claims workflow

Encircle,
a leading provider of real-time documentation, collaboration, and field
productivity software for the property and casualty insurance industry,
and Torrent Technologies, a Marsh company and a servicing agent for
Write Your Own (WYO) carriers and the National Flood Insurance Program
(NFIP), today announced a technology collaboration to streamline the
flood insurance claims process.

By combining the Encircle platform with Torrent's flood platform,
Torrent is able to provide WYO carriers, adjusters, and policyholders
with exceptional claims handling performance and flexibility while
reducing demand on resources, time, and the overall cost of the claims
process. With Encircle Link, adjusters are able to quickly engage
policyholders through visual collaboration, via smartphone or tablet,
without the need to download an app. Photos, details of the loss, and
signatures are captured instantly, enabling expeditious payment to the
policyholder to be completed in minutes not days. In addition, the
technology allows examiners to communicate directly with the
policyholder for additional information if needed, expediting both
advance and full claims payments.

"Together with Torrent, we are setting a new standard," said Paul
Donald, Co-Founder and CEO, Encircle Inc. "Torrent's vast experience in
handling flood claims has made this collaboration a natural fit. We're
very excited to work with Torrent to redefine the flood claims industry."

"The combined Encircle and Torrent solution streamlines the claims
workflow from start-to-finish regardless of the type or size of loss,"
said Ian Macartney, Torrent CEO. "Our clients and claims partners are
all looking at ways to streamline the claims process and enhance the
customer experience. Torrent's goal is to provide our clients with
options and choice, be it Encircle or technology from any of our claims
partners."

About Encircle

Encircle
Inc.
streamlines the claims workflow for the property and casualty
insurance industry by enabling real-time documentation and collaboration
with innovative and intuitive field productivity software. Through
process automation, Encircle creates efficiency at each stage of the
claim resulting in reduced administrative overhead, improved
productivity, and accelerated workflows. Encircle's adaptable platform
is compatible with internal systems and processes. Field and office
staff are empowered with tools to accurately, efficiently, and
transparently manage claims resulting in reduced settlement times and
improved customer service. Encircle is committed to ongoing research in
emerging technologies and delivering high-quality solutions.

About Torrent

Torrent
Technologies, Inc.
, a Marsh company and a servicing agent for Write
Your Own (WYO) carriers and the National Flood Insurance Program (NFIP),
provides insurers and their agents with sophisticated cloud-based
technology solutions and back-office services. These tools include
web-based quote-to-bind technology, risk rating platform, real-time
paperless underwriting system, end-to-end claims handling, and
innovative solutions for the flood insurance marketplace.

For more information, please visit https://encircleapp.com/
or call 1-888-937-1077.

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