StoneRiver helps clients with technology from broad industry categories like Property & Casualty and Life, as well as clients needing special expertise and services in niches like Flood, Pharmacy Services, Education & Compliance, Marketing, and more.
Flood Services
The National Flood Services business of StoneRiver serves as a third party administrator to insurers. In fact, if you participate in the Write Your Own (WYO) Program associated with the federally sponsored National Flood Insurance Program (NFIP), we may already be operating as your company’s Flood Department. We currently serve nearly 85 percent of all WYO companies participating in the NFIP.
Workers’ Compensation Pharmacy Solutions
For more than 30 years, StoneRiver Pharmacy Solutions, formerly Third Party Solutions and WorkingRx, has been the leading provider of workers’ compensation prescription programs. With over 60,000 participating pharmacies, we offer the largest workers’ compensation-specific network for processing workers’ compensation pharmacy claims. P2P Link provides electronic connectivity between providers and payors. We electronically deliver medical and pharmacy bills directly to the top workers’ compensation carriers, amongst others.
Property and Casualty
For personal and commercial lines of business – including workers’ compensation – our customers take advantage of advanced, configurable solutions for policy administration, claim management, billing, client management, and reinsurance. Some of our P&C clients have increased productivity by 20 percent and shortened processing cycles by as much as 80 percent.
Reinsurance
Our reinsurance clients have recognized significant return on investment through operational efficiencies and reinsurance recoveries. Reinsurance administration automation can have a substantial impact on finances as well as operational efficiency.
Agents / Brokers
StoneRiver – FSC has been supporting insurance professionals for almost 30 years with innovative agency tools and superior customer service. FSC Rater is the comparative rating solution of choice in thousands of agencies nationwide, providing accurate rates for hundreds of personal lines carriers. WebFSC uses the powerful rating technology from FSC Rater to provide interactive quoting directly on your web site, enabling prospects visiting your site to receive comparative auto and home quotes.
Life, Annuity and Long Term Care
By implementing our complete framework of components you benefit from end-to-end processing that streamlines everything from application submission, to underwriting and case management, to issuing a claim check. These components are designed around the core functions of sales, underwriting and policy administration so you can customize your solution by selecting only the pieces you need.
Financial and Regulatory
Great teamwork between your financial and compliance software leads to speed and accuracy where it counts. Designed under the direction of statutory accountants, these robust applications streamline your compliance with cash, statutory and GAAP requirements; sharpen profitability reporting; and streamline your regulatory filings. While each application can stand alone, you’ll find that your processing power increases when they are working together.
Education and Compliance
StoneRiver RegEd support support end-to-end representative and agent compliance in the securities and insurance industry. With these leading solutions you can effectively and easily manage contracting, training, licensing and registration, annual compliance and continuing education. Our state-of-the-art, web-based compliance and content offerings deliver quality, efficiency, and improved compliance.
Marketing
StoneRiver Emerald has more than 20 years of experience serving as a marketing partner to thousands of financial professionals and broker-dealers, providing innovative solutions to help build profitable businesses. Our client list includes large insurers and dozens of other large financial institutions who trust us to produce hard-hitting, compliance friendly materials. Our turnkey seminars, client newsletters, personalized Web sites, online automatic marketing and full-service printing and direct-mail support now set the benchmark for the industry.
Outsourcing Options
If outsourcing is part of your strategic plan for the future, your company will gain the opportunity to focus on the business of insurance. We provide application outsourcing as well as numerous business process outsourcing services in which we take responsibility for entire business processes on your behalf. Contact us for more information about specific solutions available.
Strategic Alliances
Our alliances with premier technology firms allow us to extend our comprehensive line of insurance and business solutions and provide you with a rich set of business components for your unique requirements.