StoneRiver explained

StoneRiver, Inc. - A SAPIENS Company
Type:Private
Location City:Denver, Colorado
Location Country:United States
Area Served:North America
Industry:Insurance technology
Num Employees:600
Parent:Sapiens International Corporation
Homepage:stoneriver.com

StoneRiver, Inc. is a vendor and service provider in the insurance technology marketplace, providing Life/Annuity, Property & Casualty (P&C)/Workers’ Compensation, reinsurance, financial and compliance software. The company is wholly owned by Sapiens International Corporation, (NASDAQ and TASE: SPNS), a provider of software for the insurance industry, with a growing presence in the financial services sector.

StoneRiver sells products for policy administration, claims, billing, reinsurance administration, agency management, client management, Life automated underwriting, e-applications, and illustrations. The company's financial and compliance offerings encompass software for annual statement preparation, general ledger, financial reporting and payments. Headquartered in Denver, CO, StoneRiver has locations throughout U.S. including California, Colorado, Florida, and Ohio.

History

In 2017 Sapiens International Corporation acquired StoneRiver from Stone Point Capital and Fiserv. Prior to July 2008, the business units that comprise StoneRiver were part of Fiserv Incorporated, which was founded in 1984.

Corporate structure

StoneRiver, Inc

StoneRiver, Inc provides software products and services in the following areas:

  1. P&C Policy administration[1] [2]
  2. P&C Claim management[3] [4]
  3. P&C Reinsurance Administration[5]
  4. Life insurance, Life annuity, and Long-term care policy administration
  5. Life, Annuity and Long-Term Care sales illustrations
  6. Life, Annuity and Long-Term care automated underwriting
  7. Financial & Compliance: annual statement preparation, general ledger, financial reporting and payments

External links

Notes and References

  1. http://www.insurancetech.com/blog/archives/2010/05/matching_the_ui.html Insurance and Technology Interview
  2. http://www.tech-decisions.com/News/2010/4/Pages/StoneRiver-Introduces-Insurance-Integration-Platform-Debuts-.aspx Insurance Integration Platform Tech-Decisions
  3. http://www.psilos.com/Press/GartnerPASreport.pdf Gartner Report
  4. http://www.tech-decisions.com/Issues/2009/November-2009/Pages/Business-Solutions.aspx?k=stoneriver Through the years - Case Study TechDecisions
  5. http://www.thefreelibrary.com/Making+the+move%3a+property%2fcasualty+carriers+are+finding+good+reasons...-a0216630850 StoneRiver Reasons to Automate