Insurance technology solutions provider, StoneRiver has introduced Unclaimed Property Advocacy Services (UPAS), aimed to provide most complete end-to-end unclaimed property offering for companies.
The latest addition to StoneRiver's comprehensive portfolio of unclaimed property products and services, UPAS will help companies achieve and maintain compliance, while reducing liability.
StoneRiver UPAS core services comprise exposure quantification to assess current UP liability, exemption analysis and liability reduction, strategies to approach reporting jurisdictions, audit defense, compliance reporting services and project management.
In addition to Voluntary Disclosure Agreements (VDA) and advocacy, the UPAS services include development and implementation of internal UP programs, policies and procedures, controls and best practices for companies.
StoneRiver Financial and Compliance Solutions senior vice president Dori Luke said that the comprehensive portfolio of unclaimed property products and services helps companies meet the need of any unclaimed property.
"Our new Unclaimed Property Advisory Services were a natural extension to our existing UP practice," Luke added.