Penn River partners with Solvrays for insurance automation

New Partnership for Streamlined Insurance Workflows

Penn River, a cloud-native platform specializing in life and annuities policy administration, has announced a new partnership with InsurTech company Solvrays. The collaboration is focused on enhancing efficiency within the insurance industry by improving workflow processes.

Objectives of the Collaboration

The main goal of this partnership is to eliminate back-office friction that often plagues insurance operations. By integrating Solvrays' DocuGene correspondence accelerator—a tool powered by artificial intelligence—Penn River aims to streamline essential administrative functions. This includes accelerating the generation of correspondence and improving overall efficiency in workflow management.

Who Will Benefit?

Both companies anticipate that this partnership will significantly benefit insurance professionals by reducing manual workload in the back office. The smart automation capabilities offered by Solvrays are expected to free up time for teams to focus on more strategic tasks. As a result, insurance providers may respond more quickly to customer needs and enhance their service offerings.

Final Thoughts

This partnership reflects a growing trend within the insurance industry towards leveraging technology for better operational efficiency. With increasing demands for rapid service delivery and improved customer experiences, solutions like those proposed by Penn River and Solvrays could play a vital role in shaping the future of InsurTech.

Original Source: https://fintech.global/2025/10/08/penn-river-partners-with-solvrays-for-insurance-automation/