Business Wire - Society Insurance in Production with Valen Technologies’ UnderRight Predictive Analytics Solution

Society and Valen Implement UnderRight to Refine Societys Pricing
and Increase Workers Compensation Market Share

DENVER — Valen Technologies, Inc., today announced that they and
Society Insurance, a leading provider of commercial insurance in
Wisconsin, Illinois, Iowa, and Indiana, have successfully implemented
Valens UnderRight predictive analytics underwriting
solution to improve Societys pricing strategies and profitability.
Society is now using UnderRight for its workers compensation line of
business to positively impact the companys combined ratio by enabling
improved underwriting decision consistency and efficiency.

Commenting on Valens implementation, Societys COO Rick Parks said,
Valens UnderRight solution offers us the ability to price risks more
accurately the fundamental lever we need to continuously improve the
growth and profitability of our business. I look forward to the impact
UnderRight will have for us.

Parks continued, In addition to providing us with much greater pricing
power in the marketplace, we are now able to focus our experienced
underwriters where they are most acutely needed to analyze complex
risks and provide an even higher level of service to our independent
agents. We believe in the power of Valens UnderRight solution and we
continue looking to other areas of our business which can also benefit
from the application of predictive analytics.

Valens President and CEO Dax Craig added, We are especially proud when
a successful implementation like Societys deployment of UnderRight
leads to our predictive analytics solutions being considered in other
areas of the company. Our two teams working side by side have deployed a
valuable solution for their company and we look forward to working with
Society as they expand the use of predictive analytics.

About Society Insurance

Society Insurance is a recognized leader in workers compensation
insurance for a variety of industries in Wisconsin, Illinois, Iowa, and
Indiana. Society is also a strong provider of property, liability and
business auto insurance offering package policies exclusively designed
for a wide range of businesses such as restaurants, taverns, motels,
grocery stores, medical clinics, contractors, and cleaning services.

For additional information, visit www.societyins.com.

About Valen Technologies, Inc.

Valen Technologies, Inc. enables insurers to improve underwriting and
premium audit results through our hosted predictive analytics solutions, UnderRight
and AuditRight. Our experts combine our
clients data with historical risk, firmographic and econometric
information in our XDataandValenNetworks
databases and use that data to build, deploy and monitor models for
improving underwriting and optimizing premium audit processes. The
combination of our data and our modeling expertise gives us the unique
ability to create the industrys most effective predictive models. To
learn more about Valen and Valen products call 1-800-280-3304 or visit
website at www.valen.com.