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.
 | |
| Company type | Private |
|---|---|
| Industry | Insurance technology |
| Founded | 2008 |
| Headquarters | , |
Area served | North America |
Number of employees | 600 |
| Parent | Sapiens International Corporation |
| Website | stoneriver.com |
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
editIn 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
editStoneRiver, Inc
editStoneRiver, Inc provides software products and services in the following areas:
- P&C Policy administration[1][2]
- P&C Claim management[3][4]
- P&C Reinsurance Administration[5]
- Life insurance, Life annuity, and Long-term care policy administration
- Life, Annuity and Long-Term Care sales illustrations
- Life, Annuity and Long-Term care automated underwriting
- Financial & Compliance: annual statement preparation, general ledger, financial reporting and payments
References
edit- ^ Insurance and Technology Interview Retrieved on 2010-6-1
- ^ Insurance Integration Platform Tech-Decisions Retrieved on 2010-07-08
- ^ Gartner Report Retrieved on 2010-5-26
- ^ Through the years - Case Study TechDecisions Retrieved on 2010-6-8
- ^ StoneRiver Reasons to Automate Retrieved on 2010-6-2