StoneRiver's PRO Financial Earns High Marks from Customers in Novarica ACE Silver Ranking

OAKLAND, Calif., March 29, 2012 /PRNewswire/ -- StoneRiver, Inc., the trusted insurance technology partner with solutions across multiple business lines, today announced that it has received a Novarica ACE Silver Ranking for its PRO Financial Systems. Based solely on StoneRiver customer feedback, PRO Financial Systems received an impressive overall ranking of 90 out of a possible 100.

The report, Novarica ACE Silver Ranking™: StoneRiver PRO Financial 2012 Q1, was published in February and is based on an online survey of five senior technology and operational executives at insurer clients who have direct experience with the StoneRiver product and organization. Novarica ACE Rankings are produced independently and are not sponsored by vendors.

In addition to its overall top score of 90, StoneRiver's PRO Financial ranked well in all categories, including 93 for Overall Customer Satisfaction, and 91 for both Staff and Organization. 

"StoneRiver continues to receive consistently high ACE scores for all of its ranked products. Given the wide range of products that StoneRiver offers, this level of client enthusiasm is impressive. We congratulate StoneRiver on another strong ACE score," said Matthew Josefowicz, partner and managing director of Novarica.

StoneRiver president Gary Sherne, noted, "Hearing what our customers have to say is the most valuable input we can receive, so we thank Novarica for sponsoring the ACE Rankings and our customers for participating in the process. We are proud of both the Silver Ranking status as well as the score for our financial solution, but we will always strive to do better in helping our customers leverage StoneRiver solutions for maximum business value."

StoneRiver's PRO Financial Systems are used by more than 100 insurance companies--ranging in size from start-ups to more than $4 billion in direct written premium-- and that number is growing steadily.

The system's flexible account structure allows insurers to manage by line of business, state, region, project, cost center, product, service, agent, and distribution channel. The GL is integrated with F9 Financial Reporting to facilitate detailed analysis, and the creation of boardroom quality reports.

About StoneRiver, Inc.

StoneRiver delivers the industry's widest range of technology solutions and services to insurance carriers, agents, and broker-dealers. This versatile product group encompasses front-office, policy, claim, rating, underwriting, billing, reinsurance, financial and compliance solutions for all major business lines. Hundreds of companies rely on StoneRiver software and processing solutions to achieve a competitive edge. StoneRiver promotes client success by streamlining complex business processes. Visit stoneriver.com for more information.

SOURCE StoneRiver, Inc.