---

ISI releases Webwriter Yachts to CNA/Maritime offices in London, England and Paris, France

March 29, 2001 -- Insurance Systems Inc's new flagship product Webwriter has been completed and is ready for implementation in Europe. The multi-language, multi-currency web application utilizes exception based underwriting to achieve large reductions in expense ratios.

COO of ISI, Terry Neilson commented " After 9 months of development we are happy to have the Webwriter product complete and ready for implementation. The marine insurance arena with low premiums and high expense ratios will allow webwriter to demonstrate how pushing quoting, binding and policy issuance out to the Broker dramatically reduces costs for Insurers. We look forward to the rollout of webwriter this fall for commercial package policies"