StoneRiver provides P&C insurers with policy administration software to achieve business objectives for all personal and commercial lines of business. No matter what your company size is, we have a system that can provide a strong fit. Policy administration, from quoting through policy issuance and endorsement, becomes easier with the efficiency and improved productivity these systems offer.
You can count on us—we have developed P&C policy administration systems for 30 years, building deeper and deeper functionality. Our seasoned team members have a track record of successfully implementing policy administration systems. Our active customer communities have grown and are great opportunities to learn from your peers and to share your experiences. Every day more than 75 insurers count on the insurance expertise built into our policy administration systems, which have consistently focused on helping you reach your business objectives.
Policy Administration Software That Supports Your Business Goals
Our most advanced P&C policy system software is business-friendly with configuration capabilities that speed up the process of getting new products to market and eliminates old processes requiring weeks of coding.
Key Policy Stream Features
- Well integrated, proven rules management solution
- Flexible rating that supports product development
- Easy configuration of new products including ability to copy existing products
- More functional value available
Your employees have the tools they need to accomplish more. Our systems automate routine tasks throughout the comprehensive quote and policy processing chain, so your personnel have time to focus on exceptions or other significant areas. With Policy Stream straight-through processing results in faster turnaround and a capacity to grow your business without adding staff.
Key Policy Stream Features
- Full support for offering multiple quotes
- Policy issuance
- Endorsements including out-of-sequence processing, renewals, cancellations, reissues, and more
- Seamless document creation and management
- Rules processing to automate functions like inspections, custom edits, and information requests
- Intelligent workflow
- Business Process Management; graphical BPM flow design
- Pre-integrated with Customer Stream™ for a 360-degree view of all customers and vendors you do business with
- More functional value available
Of course you gain IT efficiencies from using a single system for personal and commercial lines of business. You have fewer vendor relationships to manage. And with StoneRiver you have more flexibility when it comes to platforms and technologies with web services.
Key Policy Stream Features
- Built with Java technology
- Supports multiple technologies and platforms
- Virtually limitless placement of rule interactions and access to decision criteria
- Service-oriented architecture with embedded service bus for easier integration with other systems and services
- Scalable both vertically and horizontally
- More functional value available
Policy Administration Systems
Policy Stream™
Policy STAR®
The Specialty System
PowerSuite® Policy (workers’ comp)
WCMS (workers’ comp)