StoneRiver is a long‑time insurance software solutions provider that serves carriers, agents, and broker‑dealers across North America. Headquartered in Denver, Colorado, USA, the company (formerly Fiserv Insurance Solutions) offers technology and services for both property and casualty (P&C) and life and annuity (L&A) insurers. Its platforms support policy administration, claims, billing, reinsurance, financials, and compliance, making it a key player among insurance software companies in the USA.
The main goal of StoneRiver is to simplify complex insurance operations and regulatory requirements through integrated, line‑of‑business‑specific software. It delivers front‑office, policy, rating, underwriting, billing, reinsurance, and finance solutions that help insurers improve efficiency, accuracy, and speed to market. StoneRiver is now part of Sapiens International, which acquired it to strengthen its insurance portfolio and expand its reach in the U.S. market.
Key Services Offered by StoneRiver
- P&C policy administration systems: StoneRiver provides policy administration suites for property, casualty, and workers’ compensation lines, helping insurers manage rating, quoting, issuing, and endorsements in one platform.
- Claims management solutions: The company offers claims systems for P&C and life lines that streamline claims intake, adjudication, payments, and reporting, reducing manual work and improving customer service.
- Reinsurance administration software: StoneRiver delivers reinsurance management tools that handle treaty and facultative contracts, ceded and assumed business, and financial postings, giving insurers better control over risk transfer.
- Life, annuity, and LTC systems: It provides life, annuity, and long‑term care policy administration, sales illustration, and automated underwriting solutions, enabling faster new‑business processing and more accurate product illustrations.
- Financial and compliance solutions: StoneRiver’s finance and compliance tools manage annual statement preparation, general ledger, financial reporting, payments, and state compliance calendars, helping insurers stay compliant and reduce regulatory risk.
FAQs
What does StoneRiver do?
StoneRiver provides software and services for insurance carriers, agents, and broker‑dealers. Its solutions cover policy, claims, billing, reinsurance, financials, and compliance for P&C and life/annuity businesses.
Where is StoneRiver based?
StoneRiver is headquartered in Denver, Colorado, USA, with multiple locations across states such as California, Florida, and Ohio. It primarily serves the North American insurance market.
Is StoneRiver still an independent company?
No. StoneRiver was acquired by Sapiens International Corporation, a global insurance software provider. Its products now operate under the Sapiens umbrella while continuing to support existing StoneRiver customers.
Which lines of business does StoneRiver support?
StoneRiver supports P&C (including workers’ compensation), life insurance, annuities, and long‑term care. Its platforms handle both core administration and related functions like illustrations, underwriting, and compliance across these lines.
How do StoneRiver’s solutions benefit insurers?
StoneRiver’s software helps insurers automate manual processes, manage complex products and regulations, and centralize critical data. This leads to faster operations, better compliance, and improved competitiveness in the insurance market.
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Ashley earned her M.B.A. from The University of Texas at Dallas, where she gained a solid foundation in business strategy and management, further enhancing her ability to bridge the gap between technology and business needs.
Ashley has spent the past several years working in the IT industry, with a focus on AI innovations, AR, VR, Blockchain, and GPT technologies. She has held various positions in IT management, software development, and AI research, consistently delivering exceptional results and driving technological advancements.
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