Penn River Email Format
IT Services and IT ConsultingPennsylvania, United States11-50 Employees
Penn River is a technology provider focused on policy administration for life and annuities. The company offers cloud-native, software-as-a-service solutions that support product development, enabling carriers to innovate and bring products to market more quickly, while providing visibility into the full development lifecycle and helping manage risks and regulatory compliance downstream. Its market comprises life and annuities insurers seeking to streamline product design, accelerate timelines, and improve policyholder experiences through integrated administration systems. Based in the Philadelphia region (Newtown Square, Pennsylvania), Penn River operates within the IT services and IT consulting sector, serving life and annuity carriers with software that integrates policy administration capabilities into a cloud-based platform. The business has announced recent partnerships with industry players, underscoring a strategic focus on expanding collaborations in the L&A space. The company appears to be positioned as a specialist in cloud-native PAS for life and annuities, emphasizing lifecycle visibility and customization to mitigate development risk and support compliance.