# StoneRiver

> StoneRiver is a Denver-based insurance software business acquired by Sapiens in 2017. Its products covered policy administration, claims, billing, reinsurance, financial compliance and life insurance sales and underwriting. Its technology continues in Sapiens products including UnderwritingPro, formerly LifeSuite.

- **Founded:** 2008
- **Headquarters:** Denver, United States
- **Products:** StreamSuite, LifeSuite / Sapiens UnderwritingPro, LifeApply / Sapiens ApplicationPro, Life Portraits / Sapiens IllustrationPro, Stream Claims / Sapiens ClaimsPro
- **Notable:** Served more than 200 U.S. insurance customers at the 2017 acquisition announcement., SECU Life case study reported quotes, applications and decisions in under 15 minutes for its simplified-underwriting model., Equitable Life of Canada went live with the LifeSuite successor UnderwritingPro in October 2019.

## Products & services

- **StreamSuite** — Historical property and casualty suite covering core insurance operations; positioned for higher-tier carriers in the 2017 acquisition announcement.
- **LifeSuite / Sapiens UnderwritingPro** — Automated underwriting and new-business case management with configurable rules, evidence processing and case workflow. Renamed under Sapiens.
- **LifeApply / Sapiens ApplicationPro** — Electronic insurance applications and signatures; available independently or integrated with illustrations and underwriting.
- **Life Portraits / Sapiens IllustrationPro** — Insurance sales illustrations and needs analysis supporting the point-of-sale process.
- **Stream Claims / Sapiens ClaimsPro** — Claims management technology incorporated into Sapiens’ North American property and casualty platform.
- **PowerSuite** — Historical workers’ compensation insurance software suite.
- **Reinsurance, financial and compliance software** — Tools for reinsurance administration, statutory reporting and insurance finance.
- **Implementation and support services** — Enterprise implementation, integration, configuration and continuing support for insurance systems.

## Achievements

- Served more than 200 U.S. insurance customers at the 2017 acquisition announcement.
- SECU Life case study reported quotes, applications and decisions in under 15 minutes for its simplified-underwriting model.
- Equitable Life of Canada went live with the LifeSuite successor UnderwritingPro in October 2019.
- StoneRiver Stream Claims became Sapiens ClaimsPro within its North American P&C platform.

## Latest updates

- **2025-12** — Parent-company context: Advent completed its acquisition of Sapiens on December 17, 2025; Formula retained a minority stake.
- **2026-06** — Parent-company context: Advent announced that an ADIA subsidiary became a significant minority shareholder in Sapiens. This is not a separate StoneRiver funding round.

## Links

- Website: https://sapiens.com/us/
- LinkedIn: https://www.linkedin.com/company/stoneriver/
- Twitter/X: https://twitter.com/stoneriverins
- YouTube: https://www.youtube.com/user/SapiensInt
- Facebook: https://www.facebook.com/pages/StoneRiver-Inc/20209379955

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Profile page: https://yespress.io/stoneriver
Published by YesPress — https://yespress.io
Last updated: 2026-10-23