New Jersey Manufacturers Insurance Company in Production

Workers’ compensation automation streamlines operations, strengthens underwriting Oakland, CA, January 27, 2011 – New Jersey Manufacturers (NJM) Insurance Company, the largest provider of workers’ compensation coverage in New Jersey, has moved into production with the PowerSuite Policy workers’ compensation system from StoneRiver, Inc. PowerSuite is now facilitating NJM’s quoting process for its workers’ compensation business. The market-leading PowerSuite product provides insurance organizations with the integrated capabilities needed for responsive, flexible workers’ compensation administration. NJM selected PowerSuite to align technology with the company’s strong business practices that focus on stewardship, integrity and service. Bob Murray, Vice President of Commercial Lines of NJM Insurance, said that the organization chose PowerSuite for its ability to streamline business and operational processes during the policy life cycle while maintaining NJM’s high standards of service. “Additionally, some enhancements resulted in capabilities used during onsite evaluation of customer sites that strengthen our underwriting,” Murray added. “We congratulate NJM on realizing new operational success through progressive technology,” said Gary Sherne, President, StoneRiver, Inc. “PowerSuite’s unmatched multi-state rating capability for all classes allows insurers to deploy the functionality in any part of the market desired.” Built to grow with ever evolving customer needs, PowerSuite allows customers to deploy modules all at once or gradually over time. PowerSuite accommodates a wide range of insurance environments due to superior architecture, deep insurance functionality, full life cycle policy and claims processing, rich data model, and modular deployment. About StoneRiver, Inc. 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. # # # For more information contact: Lori Soppe, VP, Public Relations StoneRiver 319-398-0548 lori.soppe@stoneriver.com