StoneRiver

StoneRiver, Inc.
Private
Industry Insurance technology
Founded 2008 (2008)
Headquarters Denver, Colorado, United States
Area served
 North America
Number of employees
 600
Parent Stone Point Capital and Fiserv Incorporated
Website stoneriver.com

StoneRiver, Inc. is a vendor and service provider in the insurance technology marketplace, providing Life/Annuity, Property & Casualty (P&C)/Workers’ Compensation, and reinsurance software solutions.

StoneRiver sells products for policy administration, claims, billing, reinsurance administration, agency management, and client management. Headquartered in Denver, CO, StoneRiver has locations throughout U.S. including California, Colorado, Florida, and Ohio.

History

Prior to July 2008, the business units that comprise StoneRiver were part of Fiserv Incorporated, which was founded in 1984. StoneRiver is a privately held corporation with two principal ownership groups: Stone Point Capital owns the majority of StoneRiver and Fiserv is the minority owner.

Stone Point Capital is a private equity firm that has been making investments in the global financial services industry for over 20 years. StoneRiver falls in the Trident IV funds which Stone Point Capital manages.[1] Fiserv, Inc. is a provider of financial services technology, including information management systems, transaction processing, and software and systems solutions StoneRiver has areas of industry focus that have been assembled from 22 acquisitions made by Fiserv, Inc. between 1997 and 2007 with eight acquisitions in the Life/Annuity market and eight businesses in the Property & Casualty space. [2]

Corporate structure

StoneRiver, Inc

StoneRiver, Inc provides software products and services in the following areas:

  1. P&C Policy administration[3][4]
  2. P&C Claim management[5][6]
  3. P&C Reinsurance Administration[7]
  4. Life Insurance, Life annuity, and Long-term care policy administration
  5. Life, Annuity and Long-Term Care sales illustrations
  6. Life, Annuity and Long-Term care automated underwriting

References

  1. ↑ Trident Funds Retrieved on 2010-5-28
  2. ↑ Fiserv Breaks off to StoneRiver Retrieved on 2010-6-2
  3. ↑ Insurance and Technology Interview Retrieved on 2010-6-1
  4. ↑ Insurance Integration Platform Tech-Decisions Retrieved on 2010-07-08
  5. ↑ Gartner Report Retrieved on 2010-5-26
  6. ↑ Through the years - Case Study TechDecisions Retrieved on 2010-6-8
  7. ↑ StoneRiver Reasons to Automate Retrieved on 2010-6-2

External links

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