StoneRiver Company Description
StoneRiver (formerly Fiserv Insurance Solutions) handles the technology side of insurance businesses. The company offers management, administration, and core processing software for life, property and casualty, flood, and worker's compensation insurance carriers. StoneRiver provides applications for streamlining financial and regulatory processes, complying with regulatory requirements, marketing, and online training. It also offers business process outsourcing and other services. The company previously was a division of financial data processor Fiserv. In 2008 Fiserv sold a 51% stake in Fiserv Insurance Solutions to Stone Point Capital for $510 million.
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The Company Description provides a historical perspective of StoneRiver's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of StoneRiver's evolution in the marketplace.
