StoneRiver Inc., an insurance technology company, announced two new solutions during the ACORD LOMA Insurance Systems Forum. LifeApply is the company’s next-generation electronic application, designed to help life carriers decrease time-to-issue and policy acquisition costs, and Claims Stream is the newest addition to the Stream Suite of fully integrated P&C core processing systems.
StoneRiver says LifeApply allows life, health and annuity carriers to simplify the new-business acquisition process, reduce expenses and ensure that applications are received “in good order.” Carriers have the choice of implementing LifeApply as a standalone e-application, or as a component of more comprehensive solution that includes seamless integration with Life Portraits Sales Illustrations and LifeSuite Underwriting system.
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