InsCipher
InsCipher builds surplus lines tax filing, tax calculation and compliance software and APIs for insurance brokers, agencies and MGAs across the U.S.
InsCipher is an insurtech company founded in Utah that builds software to automate surplus lines tax filing and compliance reporting for the American insurance industry. Its work sits at the intersection of tax calculation, regulatory compliance and API development: the company processes millions of transactions annually, handling billions of dollars in premium across all U.S. states and territories on behalf of more than 400 brokers, agencies and managing general agents.
The company offers three lines of service. A fully managed offering handles surplus lines tax filing and reporting on clients' behalf; InsCipher Connect®, a self-service platform, supports filing and compliance directly; and a set of tax calculation and document management APIs allows firms to embed InsCipher's capabilities into their own systems. The platform is SOC-2 certified, and its client base ranges from startups to Fortune 500 companies.
InsCipher describes its team as a mix of compliance and software specialists, with a stated mission of serving as a trusted partner to state departments of insurance, surplus lines associations and brokers nationwide. The company has appeared on the Inc. 5000 list of America's fastest-growing private companies in multiple consecutive years.