InSystems Chairman & CEO Named Among 100 Most Powerful People in the Insurance Industry

Toronto, Canada, January 23, 2002 –
Michael Egan, Chairman, CEO and founder of InSystems, was named among the 100 Most
Powerful People in the Insurance Industry in North America by Insurance – Letter, an
industry publication reaching 30,000 subscribers daily. The list was released January 18, 2002.

“The people on this list have worked hard and have great integrity
and management skills. They have been given ‘power’ by others because they are
trusted,” said Walt Podgurski, editor of Insurance-Letter, who created the list.
“Our list reflects that the various disciplines within the insurance industry could
not exist without one another and resonates with a balance of industry components.”

“I am delighted to have been included on this prestigious list.
Collectively, and individually this group represents people committed to transitioning the
industry, delivering customer satisfaction and shareholder value. My inclusion on this
list is testimony to InSystems’ influence and leadership in the insurance
marketplace, ” said Michael Egan, Chairman and CEO. “The contribution of the
InSystems team to this recognition is valued and appreciated.”

About InSystems

Only by using InSystems e-business software can financial services
organizations deliver web-based personalized sales, fulfillment, and service capabilities
across all of their relationships, boosting efficiency, decreasing costs,
improving service and increasing revenues.

Founded in 1989 and based in Toronto, Canada, InSystems
www.insystems.com has more than 350
insurance customers in 24 countries, including over 50 of the largest insurance groups in
North America and over 55,000 life insurance agents and agencies.