DENVER, Oct. 12, 2015 (GLOBE NEWSWIRE) -- StoneRiver Inc., the trusted insurance technology partner with solutions across multiple business lines, today announced that Stream Policy was released to the market as the final piece to its Stream Suite of fully integrated property and casualty core processing systems with multiple clients already in various Stream Policy implementation stages.
Stream Policy, a part of Stream Suite, streamlines policy administration from quoting through policy issuance and endorsement. By leveraging over 20-years of experience developing and delivering policy systems to the market and working with dozens of carriers using its policy systems, StoneRiver has built on its past success and strong relationships with its active customer community to successfully deliver Stream Policy.
With this latest addition, the Stream Suite now includes Stream Policy, Stream® Billing, Stream® Claims, Stream® Customer and Stream® Distribution. Each can be purchased and deployed as a stand-alone component or as part of an integrated suite of core processing systems. Like other Stream components, Stream Policy utilizes the company's advanced service-oriented Insurance Integration Platform (IIP™) to provide easier business process automation, integration, scalability, and a rich user interface framework.
StoneRiver's suite development approach was based on customer research and was carried out to ensure delivery of the best in product quality, functionality, configurability, and scalability --- all attributes carriers are looking for as they continue their legacy core system replacement efforts.
Highlights of Stream Policy include:
• Highly configurable rating engine
• Easy product configuration
• Business Intelligence for actionable data
• Straight-through processing
• Seamless document creation & management
• Designed to evolve as needs emerge with Insurance Integration Platform (IIPTM)
StoneRiver President Gary Anderson noted, "We are thrilled to announce the availability of Stream Policy to complete our Stream Suite. As the shift has moved from best of breed to best of suite, it's vital that we offer our insurers not only an integrated suite of core components but also one that allows for adaptation as needs emerge in the rapidly changing world. The way insurers think about their products and customer interaction will continue to evolve. We are committed to help insurers keep up with the pace of change by providing solutions that will allow insurers to have a competitive edge."
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.
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CONTACT: Emily Mertz Director of Marketing StoneRiver, Inc. 303-729-7500