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StoneRiver Announces GPM Life Selects Illustration Software

StoneRiver announced that Government Personnel Mutual Life Insurance Company (GPM Life) has extended its use of StoneRiver products to include the Life Portraits point-of-sale illustration software and the accompanying Needs Analysis Toolset. GPM Life had previously licensed StoneRiver’s LifeSuite automated underwriting system and the LifeApply electronic application software.

The GPM Life team selected Life Portraits to streamline and modernize the illustration process, while giving users the ability to run the system on the device of their choice. The new software will replace multiple, separate software systems with one single system for both new business and in-force illustrations. Integrated seamlessly with the LifeApply e-application system, Life Portraits offers a modern, functionally rich user interface for agents and other system users.

“With cutting edge technology and functionality, the StoneRiver suite of products allows GPM Life the ability to give our agents the advantages to succeed in an ever increasing competitive marketplace,” says Gregory Lawler, CIO of GPM Life.

Peter J. Hennessey IV, senior vice president of insurance operations, adds, “One of our corporate goals is to help customers get the right coverage for their needs. With the addition of Life Portraits we will continue our ability to demonstrate the unique value of our products and ensure the right fit.”

StoneRiver executive chairman Thomas Burke says, "After working together for several years, we are deeply grateful that GPM Life has taken this next step after realizing the value that StoneRiver can deliver. Life insurers face great challenges in finding ways to stay efficient and relevant. With StoneRiver’s assistance, GPM Life is well positioned for the future."


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