HOLON, Israel and DENVER, April 7,
2017 /PRNewswire/ --
Sapiens International Corporation,
(NASDAQ and TASE: SPNS), a leading global provider of software
solutions for the insurance industry, with a growing presence in
the financial services sector, announced today that its fully owned
subsidiary StoneRiver, Inc., a trusted insurance technology partner
with solutions across multiple business lines, has announced the
addition of a State Compliance Manager module for the eFreedom®
annual statement system. The State Compliance Manager offers
convenience and time-savings as it manages state forms for
compliance, with regulatory and statutory reporting standards.
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Nearly 80 companies have opted for the
State Compliance Manager and benefited from cost-effective,
efficient ways of managing steadily increasing regulatory and
compliance demands. With the StoneRiver software, insurers:
- Receive details about required filings (number of copies
required, etc.)
- Possess a full calendar of all state and NAIC due dates
- Benefit from automatic time monitoring. StoneRiver monitors
online state-provided forms and instructions and notifies clients
of changes
- Save time and effort by keeping all state filing materials in
one place
- Can populate company and statement data from annual and
quarterly statements
"StoneRiver is dedicated to accelerating the annual statement
preparation process by automating tasks wherever possible to make
it easier," said StoneRiver vice president Julie Kramer. "The new State Compliance Manager
offers significant help in managing the process more effectively
and efficiently."
About StoneRiver, Inc.
StoneRiver delivers the industry's widest range of
value-oriented technology solutions and services to insurance
carriers, agents and broker-dealers. This versatile product group
encompasses front-office, policy, claims, rating, underwriting,
billing and reinsurance automation for all major business lines.
Hundreds of companies of all sizes rely on StoneRiver software and
processing solutions to achieve a competitive edge. Customer
satisfaction and client success are the continuing goal, and are in
large part achieved by maintaining and valuing strong, long-term
customer relationships.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a
leading global provider of software solutions for the insurance
industry, with a growing presence in the financial services sector.
Sapiens offers core, end-to-end solutions to the global general
insurance, property and casualty, life, pension and annuities,
reinsurance and retirement markets, as well as business decision
management software. The company has a track record of over 30
years in delivering superior software solutions to more than 400
financial services organizations. The Sapiens team of over 2,500
professionals operates through our fully-owned subsidiaries in
North America, the United Kingdom, EMEA and Asia Pacific. For more information:
www.sapiens.com.
Investor and Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Corporate Communications
Sapiens International
Mobile: +1-201-250-9414
Phone: +972-3-790-2026
Email: Yaffa.cohen-ifrah@sapiens.com
SOURCE Sapiens International Corporation