Follow Us



Hallmark in Production with StoneRiver Reinsurance System

Staff Writer | April 20, 2017

Sapiens International announces Hallmark Financial Services is now in production with the Freedom Reinsurance System (FRS) from StoneRiver, a wholly owned subsidiary of Sapiens.

FRS automation ensures accuracy of reinsurance calculations and streamlines billing/collections, and annual statement reporting. In addition, the time savings from implementing FRS allows Hallmark’s resources to focus on other strategic initiatives. FRS software automates attachment and calculation of ceded premium, commissions, losses, reserves and loss adjustment expense. System users also gain new efficiency with one-click generation of Schedules F and P.

“Automating our reinsurance processing not only helps to ensure accuracy and compliance but also adds efficiencies to the organization,” says Hallmark’s chief accounting officer Jeff Passmore. “We have been pleased with the knowledge the StoneRiver team exhibited during the implementation process, especially since there were multiple data sources that needed to interface to FRS.”

 “We congratulate Hallmark Financial Services on this milestone achievement,” says Melissa Whitaker, StoneRiver reinsurance director of client services. “We are glad to help position the company for successful reinsurance processing as they grow.”

Featured articles

Majesco RH



The Email Chat is a regular feature of the ITA Pro magazine and website. We send a series of questions to an insurance IT leader in search of thought-provoking responses on important issues facing the insurance industry.


The tide is up! It's time to register for ITA LIVE 2019, our annual educational and networking conference! Our theme is "The InsurTech Revolution: Cutting Through the Hype." and we'll be bringing in a torrent of industry thought leaders, amazing insight and wonderful perspectives on the world of insurtech and its impact on the insurance landscape.

ITA LIVE 2019 will present real-life examples of true startup technologies that are helping insurers gain real advantage -- and a competitive edge -- in the marketplace. We’ll highlight the more successful InsurTech partnerships, while offering case studies that demonstrate exciting innovation and cutting-edge techniques impacting all aspects of the insurance ecosystem.

Ride the wave to LIVE 2019. Sign up today! We look forward to seeing you in May, 2019!


only online

Only Online Archive

ITA Pro Buyers' Guide

Vendor Views

Partner News