StoneRiver Inc., a multi-line insurance technology company, has introduced version 7.5 of LifeSuite, its web-based, new business and automated underwriting system.

The new version of LifeSuite demonstrates StoneRiver's commitment to providing a feature-rich, functional automated underwriting system. Version 7.5 is certified for SQL 2012, MS .Net 5.0, and has application data esntry that is improved for fully reflexive questions.

See also: Underwriting Creeps Closer to the Top of IT Budget Priorities

New capabilities include configurable case assignment functionality; additional lab vendor interfaces; enhanced support for MVR and prescription history providers; automatic case decisioning and export to policy administration systems; and integration to StoneRiver's LifeApply e-Application.

"StoneRiver's expanded functionality in LifeSuite shows the vendor's commitment to improving an insurer's ability to automate the underwriting function," said Karen Monks, senior analyst with Celent's Insurance Group. "LifeSuite already had a high level of functionality to meet the underwriting needs of an insurer; the new system expands this base particularly in the third-party data support and case management."

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