SpotSee partners with Parsyl to offer insurance incentives to shippers monitoring goods. SpotSee customers can qualify for an immediate 5% discount on their insurance costs with Parsyl. DALLAS, March 09, 2026 - SpotSee, a global leader in shipment condition monitoring and visibility solutions, today announced a partnership with Parsyl, a data-powered supply chain insurer, to help shippers improve risk visibility and access insurance incentives tied to shipment monitoring. Through the partnership, customers who deploy SpotSee monitoring solutions for shock, temperature, and tilt can opt to share shipment data with Parsyl when obtaining coverage through their insurance broker. Eligible customers qualify for a 5% insurance discount through Parsyl's Rewards Program, gain access to additional savings year over year and benefit from personalized risk insights. "Monitoring changes behavior and behavior change reduces losses," said Tony Fonk, CEO of SpotSee. "When companies can see shock, tilt, and temperature events across their shipments, they reduce damage, lower return rates, and improve accountability across the supply chain. Working with Parsyl allows customers to turn monitoring data into additional financial value by supporting eligibility for insurance incentives tied to better risk visibility." "SpotSee's partnership with Parsyl gives our customers yet another valuable reason to implement a SpotSee shipment monitoring program," said Tony Fonk, CEO of SpotSee. "By leveraging the power of SpotSee's shipping damage data, now customers can save on insurance in addition to reducing returns by as much as 90%." "We're thrilled to have SpotSee join Parsyl's Risk Rewards Program, where the monitoring data customers already collect becomes a powerful tool for improving risk outcomes. Together, we share the belief that better visibility drives better decisions, resulting in reduced losses, minimized waste, and more effective proactive risk management. This partnership strengthens our ability to support shippers worldwide with smarter, data-powered insurance solutions," said Michael Niederhauser, VP of Strategic Partnerships at Parsyl. Customers interested in participating should contact their insurance broker to request a quote from Parsyl and ask how shipment monitoring with SpotSee solutions may support eligibility for Risk Rewards Program incentives. The pharmaceutical and biopharma industry loses roughly $35 billion annually due to temperature-controlled shipment failures and cold chain breakdowns.[1] SpotSee monitoring solutions - including shock, tilt, temperature, QR-enabled indicators, and connected devices - provide objective, shipment-level condition data that helps companies detect damaging events, improve handling behavior, reduce losses, and strengthen claims documentation. Companies using SpotSee shock monitoring solutions have reduced shipping damage by up to 60%, and QR-enabled monitoring programs have helped reduce shipping returns by up to 90%, based on customer program results. 2 By combining condition monitoring data with Parsyl's data-driven underwriting approach, customers gain a clearer, evidence-based view of shipment risk and performance across their supply chains, along with insurance coverage that more accurately reflects their risk profile. Parsyl reserves the right to determine final eligibility, pricing, and discount on insurance products. Each account is underwritten individually with no pricing guarantee. Customers who use SpotSee technology to monitor shipments and storage assets could qualify for additional pricing incentives. Parsyl is a Lloyd's Coverholder backed by Lloyd's Syndicate 1796. SpotSee is not licensed to underwrite or sell insurance policies in any state in the US or in any other country. Nothing in this press release should be considered an offer by SpotSee to underwrite or sell insurance policies. About SpotSee At SpotSee, every degree matters. As a global leader in impact and condition monitoring and sensing solutions, the company helps customers identify changing conditions to protect life sciences and ensure supply chain integrity. SpotSee provides products that enable more than 4,500 customers and partners in 62 countries to detect changes in the condition of everything from vaccines to spaceships. The company's solutions include temperature, impact, tilt, vibration, humidity and liquid detection monitoring devices, available via visual, RFID, QR code, cellular or satellite connection. Its products such as WarmMark, ColdMark, HemoTemp II, ThermoStrip, Thermax, BriteLine, ShockWatch, ShockLog and TiltWatch are widely used in the life sciences, energy, transportation, aerospace, defense, food, manufacturing and consumer products sectors. The company is headquartered in Dallas, Texas, and operates five facilities in Texas, Illinois, Mexico and the United Kingdom. For more information, visit www.spotsee.io. About Parsyl Parsyl is an insurer of complex supply chain risks that uses enhanced data and technology to understand, price and mitigate risk. Parsyl offers its customers more tailored underwriting and insights-based risk management that reduces waste and saves money. Parsyl leads the Essential Consortium at Lloyd's of London, is a Lloyd's Coverholder, and operates Syndicate 1796, the first mission-driven syndicate at Lloyd's. Parsyl offers a full suite of A-rated cargo insurance solutions, including Cargo and Stock Throughput, Stock and Excess Stock, Shipper's Interest, Cargo Legal Liability and Warehouse Legal Liability. Parsyl is based in Denver, CO with offices in London, England and New York, NY and can be found at parsyl.com.

Parsyl to launch "Chauncey for Brokers", a chat-based risk submission experience for marine cargo brokers. Three weeks after AI-powered consumer insurance apps on ChatGPT sent shockwaves through the industry, Parsyl releases the first chat-based specialty risk submission platform. LONDON - March 11, 2026 - Parsyl Inc., a data-powered insurer of complex supply chains, today announced the launch of "Chauncey for Brokers", a new chat-based risk submission functionality and the first of its kind in specialty insurance. For the past two years, Chauncey has been the engine behind Parsyl's own underwriting operations, processing every risk submission, automating over 80 tasks, and cutting time from submission to quote by 70%. Now, that same capability is available directly to brokers for the first time. Chauncey for Brokers turns risk submission into a conversation. Brokers can upload documents, receive instant feedback, track multiple submissions, and get an indicative quote, all in one place, with full context preserved from start to finish. Once a submission is complete, it moves directly into Parsyl's underwriting workbench where it is automatically quoted before a Parsyl underwriter reviews it and issues a binding quote. No broker portal, emails, repeated information or unnecessary back-and-forth. Just faster and more informed decisions. The functionality is particularly valuable for brokers managing high volumes of smaller risks, where administrative effort can quickly outweigh the benefit of placement. By reducing friction at the submission stage, Chauncey for Brokers makes it practical to place risks that might otherwise be deprioritized. While Chauncey for Brokers introduces a new conversational channel, brokers retain full flexibility in how they work with Parsyl. Email submissions and API access remain available for those who prefer them. "ChatGPT and Claude have fundamentally changed how people work and find information. Conversational AI is no longer a trend; it's the expectation," said Alex Haar, Chief Product Officer at Parsyl. "Chauncey for Brokers meets brokers where they already are. If this is how the world gets things done, it should be how cargo risk placement gets done, too." Functionality at launch will include: * Conversational risk submissions. * Drag and drop submission files directly into the conversation - whether you're submitting one risk or multiple at once. No separate portals, emails or forms required. * Instant risk appetite check to see if the submission is in Parsyl's risk appetite. * Ability to set specific terms, including target premiums, deductibles and limits. * Get indicative pricing. Pricing is driven by over 30 factors, including exposures, commodities and market conditions. * Send submissions to a Parsyl underwriter for a formal quote with one click. * Check the status of previously submitted risks. All conversations remain private and secure within Parsyl's environment. Chauncey for Brokers is currently in beta and will be made available to select brokers through an early access program over the coming months. Brokers interested in joining can sign up for the waitlist at parsyl.com/chauncey. About Parsyl Parsyl is an insurer of complex supply chain risks that uses enhanced data and technology to understand, price and mitigate risk. Parsyl offers its customers more tailored underwriting and insights-based risk management that reduces waste and saves money. Parsyl leads the Essential Consortium at Lloyd's of London, is a Lloyd's Coverholder, and operates Syndicate 1796, the first mission-driven syndicate at Lloyd's. Parsyl offers a full suite of A-rated cargo insurance solutions, including Cargo and Stock Throughput, Stock and Excess Stock, Shipper's Interest, Cargo Legal Liability and Warehouse Legal Liability. Parsyl is based in Denver, CO with offices in London, England and New York, NY and can be found at parsyl.com.