StoneRiver, Inc., now Sapiens, is a vendor and service provider in the insurance technology marketplace, providing Life/Annuity, Property & Casualty (P&C)/Workers’ Compensation, reinsurance, financial and compliance software. The company is wholly owned by Sapiens International Corporation, (NASDAQ and TASE: SPNS), a provider of software for the insurance industry, with a growing presence in the financial services sector.
StoneRiver, now Sapiens, sells products for policy administration, claims, billing, reinsurance administration, agency management, client management, Life automated underwriting, e-applications, and illustrations. The company's financial and compliance offerings encompass software for annual statement preparation, general ledger, financial reporting and payments. Headquartered in Denver, CO, Sapiens has locations throughout U.S. including California, Colorado, Florida, and Ohio.
History In 2017, Sapiens International Corporation acquired StoneRiver from Stone Point Capital and Fiserv. Prior to July 2008, the business units that comprise StoneRiver were part of Fiserv Incorporated, which was founded in 1984.
Corporate structure
StoneRiver, Inc
StoneRiver, Inc provides software products and services in the following areas:
P&C Policy administrationInsurance and Technology Interview Retrieved on 2010-6-1Insurance Integration Platform Tech-Decisions Retrieved on 2010-07-08 P&C Claim managementGartner Report Retrieved on 2010-5-26Through the years - Case Study TechDecisions Retrieved on 2010-6-8 P&C Reinsurance AdministrationStoneRiver Reasons to Automate Retrieved on 2010-6-2 Life insurance, Life annuity, and Long-term care policy administration Life, Annuity and Long-Term Care sales illustrations Life, Annuity and Long-Term care automated underwriting Financial & Compliance: annual statement preparation, general ledger, financial reporting and payments
References
External links Novarica ACE Ranking Gartner Technology