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StoneRiver Enhances Automated Underwriting System

Staff Writer | May 01, 2014

StoneRiver, Inc. announces the introduction of the enhanced version 7.5 of LifeSuite, its automated underwriting system. The new version provides the latest set of product advancements for the underwriting solution to the marketplace.   

With several StoneRiver clients already committed to upgrade paths and installing Version 7.5, this new version demonstrates the solution provider’s commitment to the market.  Additional key capabilities offered with the product include:

  • Highly configurable case assignment functionality with out-of-office and automatic related case assignments
  • Additional lab vendor interfaces, and enhanced support for MVR and Prescription history providers
  • Advanced automatic case decisioning and export to policy administration systems
  • Seamless integration to StoneRiver’s LifeApply e-Application
  • Application Data Entry enhanced for fully reflexive questions
  • Certification for SQL 2012, MS .Net 5.0

“StoneRiver’s expanded functionality in LifeSuite shows the vendor’s commitment to improving an insurer’s ability to automate the underwriting function,” says 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.”

Jim Woodward, senior vice president, Life Carrier Solutions, adds, "We are happy to announce that we have multiple key customer implementations taking place on the new platform.  This is validation that we have a real differentiator in the market.  The new, advanced functionality in LifeSuite also brings further usability enhancements to our already improved and intuitive user interface."


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