Adaptable P&C Policy Administration Software for Personal & Commercial Lines
Policy Stream provides insurers with a web-based policy administration solution for all personal and commercial lines. We designed Policy Stream to lower the total cost of ownership for insurance companies and enable profitable policies by streamlining the process from quote through issuance and endorsements. Policy Stream’s flexibility enables you to make changes to fit your business needs.
Policy Stream is the most compelling option today for carriers interested in solving their most significant business challenges for short- and long-term improvements. We have developed policy administration systems for 30 years with deeper functionality included with each generation. Our seasoned professional services team members have a track record of successfully implementing these strong systems.
Every day more than 75 insurers count on the insurance expertise built into our policy systems, which have consistently focused on helping you reach your business objectives.
A P&C Policy System with Real Business Value
Our most advanced P&C policy system software is business-friendly with configuration capabilities that speeds up the process of getting new products to market and eliminates old processes requiring weeks of coding.
Key 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 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 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