StoneRiver Honored with 2012 RAVE Award for Top Ranking in Reinsurance Administration Category
|PR Newswire Association LLC|
Co-sponsored by Tech Decisions magazine and industry research and advisory firm Novarica, the RAVE Awards are designed to recognize those software solution providers who demonstrate a willingness to go the extra step for their customers. The RAVE Awards are based on Novarica's Average Customer Experience (ACE) rankings, determined based on online surveys of senior technology and operational executives at insurer clients who have direct experience with the solutions.
Commenting on the RAVE Award,
FRS is a reinsurance administration system designed to meet all the ceded reinsurance processing needs of property-casualty insurers. From calculating premium and claim cessions to producing information required for Schedule F, FRS handles complex calculations and labor-intensive tasks easily and quickly. Given regulatory requirements and the size of recoveries, true automation like FRS is a necessity if you want accuracy, reliability and peace of mind.
Novarica provides information, insights, and perspective on markets, operations, and technology to financial services and insurance executives. The company delivers its service through published research, retained advisory services, and project-based consulting. Novarica's research includes market and trend analyses, best practices research, case studies, and independent analyses of insurance software vendors. Novarica draws its knowledge from the personal experience of its principals, the ongoing information-gathering initiatives of dedicated research staff, and regular communication with insurer executives through informal networks and through the
About Tech Decisions
Tech Decisions, published by Summit Business Media, guides top-level insurance technology and business professionals in managing their companies' systems on a day-to-day basis and informs their decision-making for the future. Tech Decisions helps readers leverage time-tested as well as leading-edge technology products, systems, and strategies -- and in making the best decisions to fulfill the business and profitability needs of today's insurance and financial services marketplace. For more information, please visit www.tech-decisions.com.