April 15, 2019
Hartford, CT – April 15, 2019 — Insurity, Inc., a provider of a leading insurance platform that includes policy, billing, claims, data analytics and digital enablement, announces that Stonetrust Commercial Insurance Company will adopt the company’s Workers’ CompXPress Suite including policy, billing, claims, and agent and policyholder portals for a unified and streamlined employee and customer user experience. Stonetrust is a Louisiana-based monoline workers’ compensation insurer writing business in ten states.
The cloud-hosted solution increases operational flexibility and allows the insurer to scale products on demand without further investment in IT infrastructure.
“Working with Insurity to completely digitize our internal and customer-facing operations was an easy decision, as it empowers us to provide a better experience for our agents, policyholders and their injured employees,” says Mike Dileo, President and CEO of Stonetrust. “We completed a comprehensive vendor selection process involving several major technology providers and selected Insurity for their intuitive platform, stellar track record in successful implementations, as well as their leadership in cloud migration and data security.”
The Workers’ CompXPress Suite equips Stonetrust’s management team with a wealth of customizable dashboards and analytics tools to offer tailored role-based user interfaces for improved data-driven decision making, as well as enhanced reporting capabilities. Insurity’s market-leading application programming interface (API) ecosystem connects the most third-party data and solutions in the market to allow Stonetrust complete control to build autonomous workflows and seamlessly integrate third-party systems in the future.
“We’re excited to work with Stonetrust to support their digital transformation, enabling better data capture and processing for quicker and more actionable decisions,” says Michele Shepard, Chief Revenue Officer at Insurity. “Among the most important capabilities an insurance company can have in a technology-driven environment are the agility and flexibility to keep up with shifting market needs, and we’re pleased to offer simple, accessible solutions to make that happen.”
The Workers’ CompXPress Suite is purpose-built for monoline workers’ compensation insurers and self-insurance groups of all sizes, based on Insurity’s deep industry expertise. For more information on the Insurity platform and solutions, visit www.insurity.com.
About Stonetrust Commercial Insurance Company
At Stonetrust Commercial Insurance Company, it is our mission to be a professional and capable partner to our policyholders and producers while providing workers’ compensation coverage at competitive rates. Stonetrust seeks to develop a working relationship with each policyholder and producer to achieve our mutual goal of workplace safety and claims cost containment. Stonetrust is a Nebraska domiciled insurance company headquartered in Baton Rouge, Louisiana providing workers’ compensation and employers’ liability coverage to more than 4,500 policyholders. We have evolved from a workers’ compensation self insurance trust to a stock insurance company licensed in 10 states: Alabama, Nebraska, Louisiana, Arkansas, Mississippi, Oklahoma, Kansas, Missouri, Tennessee and Texas.
Insurity, Inc. offers innovative and flexible insurance technology that allows clients to meet their business goals and offer a simplified experience. With the market’s most advanced cloud operations, Insurity’s platform offers scalable, highly secure and reliable solutions that increase speed to value. Insurity’s solutions and deep understanding of the insurance business address the needs of all carriers – from the Top 20 insurers to small or regional commercial, personal, or specialty lines writers, as well as MGAs. For more information, visit www.insurity.com.