Arbella Insurance Group Selects StoneRiver Systems

Denver, CO, January 27, 2010 – StoneRiver, a leading provider of technology and strategic solutions for the insurance industry, announced today that Arbella Insurance Group has licensed two Web-based core processing systems, Policy STAR® and FAB Billing for all their policy and billing needs. An existing StoneRiver client for financial systems and Claims Workstation, Arbella Insurance Group provides auto, homeowners and business insurance in New England.

Arbella Insurance Chief Information Officer E. J. Sutherland said, "Policy STAR and FAB Billing could replace numerous legacy systems and integrate with our Claims Workstation system, also from StoneRiver. Together the StoneRiver solutions position us for greater growth through increased efficiency."

“Arbella has a tremendous brand in the Northeast that stands for quality service to their agents and policyholders. These solutions will help them deal with changing competitive pressures as well as ensure that high quality service continues as they offer new products to the marketplace,” commented StoneRiver – Insurance Solutions President Gary Sherne. “With the ability to configure coverages, rates, underwriting and bill plans inherent within these applications, Arbella can tailor these systems to their unique business environment.”

Policy STAR and FAB handle both personal and commercial lines of business. Policy STAR automates policy administration from quoting through policy issuance. Capabilities include a robust configuration tool based on the deep function within Policy STAR that enables faster implementations and helps insurers meet the needs of specific jurisdictions.

FAB Billing is the market leader in handling the complexities of property and casualty premium billing. The system supports agency, account, and group/special billing even with different effective and expiration dates. FAB Billing provides online, real-time capabilities for cash and receivable processing.

About StoneRiver
StoneRiver 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, reinsurance, financial and compliance solutions for all major business lines. Hundreds of companies rely on StoneRiver software and processing solutions to achieve a competitive edge. StoneRiver promotes client success by streamlining complex business processes. Visit stoneriver.com for more information.

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For more information contact:
Lori Soppe, VP, Public Relations
StoneRiver
319-398-0548
lori.soppe@stoneriver.com