Stonetrust Commercial Selects Insurity’s CompXPress Suite to Support Digital Transformation

The cloud-hosted workers’ compensation core processing solution will increase the insurer’s operational flexibility and support the scaling of products on demand.

(Image source: Stonetrust homepage.)

Stonetrust Commercial Insurance Company (Baton Rouge, La.), a provider of workers’ compensation and employers’ liability coverage in 10 states, has selected Insurity’s (Hartford) Workers’ CompXPress Suite including policy, billing, claims, and agent and policyholder portals to support a unified and streamlined employee and customer user experience. The cloud-hosted solution will increase the insurer’s operational flexibility and support the scaling of products on demand without further investment in IT infrastructure, according to an Insurity statement.

Michael G. Dileo, President and CEO, Stonetrust Commercial Insurance Company.

“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,” comments Mike Dileo, President and CEO, 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.”

Insurity characterizes the Workers’ CompXPress Suite as equipping 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 asserts that its 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.

Michele Shepard, Chief Revenue Officer, Insurity.

Keeping Up with Shifting Market Needs

“We’re excited to work with Stonetrust to support their digital transformation, enabling better data capture and processing for quicker and more actionable decisions,” comments Michele Shepard, Chief Revenue Officer, 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.”

Insurity describes its Workers’ CompXPress Suite as purpose-built for monoline workers’ compensation insurers and self-insurance groups of all sizes, based on Insurity’s deep industry expertise.

MVP Advisory Group and Insurity Partner on Services to P&C Insurers

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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