12:21 PM
Amica Life Selects StoneRiver Underwriting Platform
Lincoln, R.I.-based Amica Life Insurance Company has extended its partnership with Oakland, Calif.-based StoneRiver with the addition of the LifeSuite automated underwriting system.
“LifeSuite will allow us to proficiently triage cases based on plan specific criteria, providing for a streamlined underwriting process, including auto issue capabilities,” says Steve Dolan, VP at Amica Life, in a statement.
The company also uses Life Portraits ES and the ID3 policy administration system from StoneRiver. LifeSuite's rules-based engine is configurable with the base system rules set augmented by client-specific rules and automates the evidence collection via ACORD-compliant connections. The system integrates with Microsoft Outlook for efficient field communications and the LifeSuite Portal provides an agent view of cases going through the underwriting process.
Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio