StoneRiver Group is a holding company that owns several insurance services businesses, including StoneRiver National Flood Services, StoneRiver Insurance Solutions, StoneRiver RegEd, StoneRiver Pharmacy Solutions and Progressive Medical. The businesses are operated as separate companies with independent management teams. The StoneRiver Group affiliated companies are committed to being the provider of choice for the Life/Annuity, P&C/Workers' Comp and Reinsurance markets. Hundreds of insurance carriers, as well as thousands of agents, brokers, and dealers, and tens of thousands of pharmacies rely on us. Through innovative solutions, flexible services offerings, and strategic sourcing options, we provide the agility to remain competitive in the changing insurance landscape – today and tomorrow.
StoneRiver, Inc. – Insurance Solutions delivers the industry’s widest range of technology solutions and services to insurance carriers, agents, and broker-dealers. This versatile product group encompasses front-office, policy, claim, rating, underwriting, billing, and reinsurance solutions for all major business lines.
StoneRiver Pharmacy Solutions represents the nation’s largest dedicated network for processing workers’ compensation pharmacy claims. In addition to serving more than 60,000 pharmacies, StoneRiver Pharmacy Solutions also provides employers and payors with comprehensive cost management solutions. The network, combined with P2P Link, a transaction hub linking payers and medical providers, provides innovative services for injured workers, employers, pharmacies and payers.
National Flood Services, a division of StoneRiver, serves insurance companies as a third party administrator interacting on their behalf with their agents and other business partners. National Flood Services is staffed by insurance professionals who specialize in flood insurance administrative solutions. Our wide range of technically advanced products and services include policy administration, claims administration, customer service support, accounting and reporting management, flood zone determinations, policy database management, web-based agency solutions, electronic movement of premium and commission funds, web-based rating software, production reports, elevation certificate assistance and repetitive loss review.
RegEd is a leading provider of compliance solutions in the securities and insurance industries, and the foremost resource for financial services training and continuing education. The company’s intelligent, Internet-based products bring efficiency to the compliance process. These include comprehensive automation of securities registration and insurance licensing, audit tracking, compliance questionnaires and advertising review compliance. Also included are the well known financial and compliance systems for annual statement, unclaimed property, general ledger, and more.
Progressive Medical offers a vast portfolio of cost management services and products to the managed care industry. We have been a Pharmacy Benefits Manager and provider of Ancillary Health Care Services to carriers, self insured employers and third party administrators for 25 years in the areas of workers' compensation and Auto No-Fault. Progressive Medical has continually exceeded our clients' expectations contributing to the prompt and safe return to work for many injured parties, reducing overall claims expenses for our clients and saving their claims professional's time.