StoneRiver Announces the Distribution Stream™ Solution

Solution manages distribution information for proactive carrier operation Oakland, CA, June 7, 2010 – Property-casualty (P&C) carriers will have a powerful new tool to help streamline management and track key information for distribution channels when StoneRiver releases Distribution Stream this month as part of its overall P&C enterprise StoneRiver Stream™ suite. With a strong understanding of the value of agent forces, StoneRiver has developed the Distribution Stream solution to meet the demands of managing customer acquisition and retention. The browser-based solution grants new visibility into and control of commissions, appointments, and terms and conditions as well as analysis through segmentation of the agency force with agency definition by region, district or other marketing area. Rule-based flexibility helps carriers optimize agent compensation. Carrier accuracy improves with the ability to track agency communication and manage documents electronically. The business value of distribution management systems like Distribution Stream is evident since managing compensation and relationships in a highly competitive market can be challenging, according to Karlyn Carnahan, CPCU, Principal at Novarica. “Carriers that have implemented distribution systems have experienced demonstrable financial returns,” Carnahan commented. “Leaner, faster, smarter operations with the Distribution Stream solution are now possible since carriers can manage agent and broker compensation and relationships from a single enterprise system,” said Rodney Griffin, senior vice president of Product Management at StoneRiver – Insurance Solutions. Distribution Stream is a component of the StoneRiver Stream™ solution set, an enterprise insurance administration solution built on the next generation service-oriented architecture. “Better management of the complexities of modern distribution channels with the Distribution Stream solution are going to be critical to carriers’ ability to compete,” said Griffin. “This includes the extensive data dimensions the solution provides to analyze and trend agent performance. Having critical agency information immediately available assists carriers as they interact with business partners. Our goal with all our Stream products is to help carriers transform the way they conduct business – Distribution Stream is yet another step on the road to a smarter way of doing business.” About the StoneRiver Stream Solutions The StoneRiver Stream solution set redefines the core system lifecycle with the debut of the first, truly sustainable system. This all P&C lines solution set delivers an evergreen platform, pairing rich, time-tested business functionality with an advanced, open platform that encourages renewal and growth. With market leading offerings for billing, distribution, customer management and soon – policy, claims, and reinsurance, StoneRiver provides carriers a state-of-the-art, strategic core operational solution. StoneRiver Stream changes the way carriers do business by giving them the power to change the business itself. 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. # # # For more information contact: Lori Soppe, VP, Public Relations StoneRiver 319-398-0548 lori.soppe@stoneriver.com