Utah-Based Insurtech Recognized for Transforming Surplus Lines Tax Compliance with Purpose-Built Technology
PLEASANT GROVE, Utah, Sept. 3, 2026 /PRNewswire-PRWeb/ -- InsCipher, the leading provider of surplus lines tax compliance software and services, has been named the 2026 Utah Business Innovation Award winner for the Insurtech/Fintech/Proptech category. The award recognizes the company's work to modernize one of the insurance industry's most complex and historically manual processes.
Presented annually by Utah Business, the Innovation Awards recognize Utah companies solving complex problems with novel solutions, with nominees evaluated by a panel of local business and industry leaders
Founded in Utah, InsCipher was built to simplify the fragmented landscape of Excess & Surplus (E&S) lines tax regulation and reporting requirements that insurance organizations navigate every day. The insurtech's compliance technology suite automates E&S tax filing workflows across 50+ states and territories, helping insurance professionals reduce manual work and manage compliance more efficiently. In 2025 alone, InsCipher supported more than $28 billion in premium and powered compliance across more than 2.2 million transactions and 71,000 insurance licenses.
"InsCipher was born out of the idea that there had to be a better way to manage the complexity of surplus lines tax compliance," said Daryle Stafford, Founder and CEO of InsCipher. "We experienced those challenges firsthand and built the solution we wished we had. Ten years later, I'm incredibly proud of what our team has built and the impact it has had across the industry. To have that innovation recognized here in Utah, where InsCipher began, makes this award especially meaningful."
InsCipher's approach combines purpose-built technology with deep surplus lines compliance expertise to help more than 400 insurance agencies navigate unique state requirements. As regulations evolve, InsCipher continuously monitors regulatory changes and updates its technology to help customers stay compliant while reducing the operational burden traditionally associated with surplus lines tax reporting.
This recognition comes during a milestone year for InsCipher as the company celebrates its 10-year anniversary and continues to expand its technology, services, and role within the E&S insurance industry. For more information and insurtech updates, follow InsCipher on LinkedIn.
Media Contact
Madeline Heintz, InsCipher, 1 833-924-0975, [email protected], inscipher.com
SOURCE InsCipher
Share this article