StoneRiver, Inc., an insurance technology solutions partneracross multiple business lines, announces the introduction ofCompSuite, StoneRiver's Software as a Service (SaaS) solution forworkers' compensation.  CompSuite is positioned to addressthe workers' compensation business needs of the mid-marketinsurance carrier, third-party administrator, and managing generalagency initiatives.  

CompSuite claims and policy administration components can beimplemented individually or as a fully integrated workers'compensation policy administration and claims solution. Two clients went into production on the CompSuite solution in themonths of December 2012 and January 2013 respectively. Both clients are longtime customers of StoneRiver with previouslyrealized value on the Workers' Compensation Management System(WCMS) platform. 

 "We are excited to see the official launch ofCompSuite and have appreciated the opportunity to work closely withStoneRiver on the new offering, says Lee Herzer, vice president ofoperations at CompServices. "We've been a long time user ofStoneRiver's WCMS solution and have the utmost confidence inStoneRiver's dual expertise in workers' compensation processing andtechnology.  It's a powerful combination when an insureris looking for a solution provider to partner with to modernizetheir workers' compensation operations."

Herzer adds he was proud to report that the CompSuiteimplementation effort was successful. Using the StoneRiver WCMSsolution as the development template, CompSuite includes all thecapability and functionality with some key features and additions,including:

• Standard web-based features and tools;
• Self-administration and configuration features; 
• Home page task management tools; 
• Single page, all-in-one access to view policy, claim detail,history and performance; 
• No desktop footprint;
• An attractive and highly-functional user interface for aquality user experience;
• Extensive navigation and process flow options;
• Consolidation of data entry workflow for policy administrationand claims applications;
• Integration of calendars and email;
• Options to download data to spreadsheets; and
• Look and feel consistent with StoneRiver Stream suite ofsolution offerings.

"CompSuite is a great example of what can be accomplished when asolution provider and insurers effectively partner, combinecomplementary areas of expertise, and focus on a common objective,"says Gary Anderson, president and CEO of StoneRiver. "Thedialogue with our clients and their honest and insightful feedbackcontinues to help us drive the direction and priorities for ourproduct development and enhancements efforts. We lookforward to migrating existing WCMS clients to the new offering,while we engage additional workers' compensation insurers to jointhe CompSuite user community."