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Bear River Mutual Leveraging StoneRiver Policy and Billing Solutions

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Bear River Mutual Leveraging StoneRiver Policy and Billing Solutions

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March 06, 2014
By Calvin Azuri
TMCnet Contributor

StoneRiver Inc. recently announced that Bear River Mutual Insurance Company is in production with Personal Auto for Policy and Billing Management. Bear River Mutual has licensed StoneRiver's Policy STAR (News - Alert) and FAB Billing solutions, designed for ultra-configurable policy administration and billing. The partnership also included the launch of a jointly developed portal that integrates Bear River Mutual’s Web services and processing framework.


In a release, Gary Anderson, president and CEO at StoneRiver, said, “Bear River Mutual has a solid vision and emphasis on core processing solutions rich in strong, functional capabilities.  The Policy STAR and FAB solutions allow the company to develop virtually any type of product or billing plan quickly. We are excited to hear that Policy STAR remains the standard in the industry for customer value and bedrock for future growth as well.”

Bear River Mutual looks to integrate the joint portal with various disparate system processes, while taking advantage of a sophisticated rating and approval process. The portal enables agents to create various comparative scenarios for policy rating, with convenience access to existing policies. Bear River agents will thus be able to directly create, amend, and cancel policies in the Policy STAR application.

In a statement, Don Adams, president at Bear River Mutual, noted, “The value of StoneRiver as a partner has allowed us to continue improvements in agency and home office efficiency; the customer intimacy we've built with StoneRiver has allowed us to position Bear River Mutual for growth as well. Policy STAR and FAB solutions have been key to updating Bear River Mutual infrastructure that enables us to achieve our business expansion goals.”




Edited by Blaise McNamee

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