StoneRiver Announces v7.0 of Reinsurance Solution

StoneRiver has released version 7.0 of URS, its reinsurance software, which includes a Java-based user interface with business logic running on a J2EE application server. The N-tiered architecture and new technology improvements promise to enhance operations and scalability as well as streamline the reinsurance solution’s multiple operating environments, says StoneRiver. A new browser-based interface enables desktop administration of processing cycles in the system’s all-Windows environment.

The changes occurred in order to position URS to be more easily enhanced for use with additional databases and platforms, enabling insurers to access information more easily and efficiently. URS was created as a comprehensive reinsurance solution to provide insurance and reinsurance companies with an automated means of handling all facets of their reinsurance business, including reinsurance underwriting, claims processing and accounting. The reinsurance software manages treaties for ceded, assumed, retroceded, pools, and affiliates, says StoneRiver.