"One-Click Compliance(TM)" Represents Breakthrough in Managing Compliance
with State Regulators Nationwide
LAS VEGAS, May 13 /PRNewswire-FirstCall/ -- Sircon Corporation today
announces the launch of One-Click Compliance(TM), a breakthrough extension
of its industry-leading suite of insurance compliance services. With a
single click of a mouse, an insurance carrier or agency can now
automatically synchronize their agents' information with the official
records of all state regulatory agencies. In this way, companies can more
easily manage compliance with state regulators.
"Sircon has long been a trusted partner in helping GEICO keep its agent
licensing and compliance information updated," said Dan Corridon, Director
of Licensing Administration for GEICO, a Sircon client who uses Sircon's
One-Click Compliance(TM) capability. "This latest breakthrough reinforces
their commitment to helping the industry manage compliance more
efficiently."
Managing compliance in the insurance industry is often a complex
process, as producers routinely renew licenses, add qualifications and
change their personal information directly with state regulators; third
parties such as education providers submit updates about producers to each
state; and individual states change license types or lines of authority.
Collectively, these factors cause carriers' or agencies' information about
their agents to rapidly become out of synch with that of the regulators.
Sircon's One-Click Compliance(TM) takes the complexity out of compliance by
automating the compliance process nationwide, enabling compliance tasks to
be completed with a single click, in less time, with less effort and more
accurately than ever before.
"Sircon has for several years provided reconciliation services that
have highlighted for carriers and agencies the precise differences between
their agent information and the official records of state regulators. Now,
with the single click of a mouse, licensing specialists can instantly
update an agent's information to align with the official regulatory records
of all states at once, eliminating the need for manual state-by-state
corrections of agent information," said Tim Owen, Sircon's Director of
Product Management.
Sircon One-Click Compliance(TM) is available as part of the
corporation's Producer Manager product. More information can be found at
http://www.sircon.com.
About Sircon Corporation
Sircon Corporation provides a comprehensive producer lifecycle platform
to grow, manage and optimize producer channels. The company offers this
platform as software-as-a-service (SaaS) to deliver immediate and
compelling value to insurance carriers, insurance distributors, producers
(agents) and state regulators for licensing, recruiting, contracting,
regulatory compliance, education tracking and producer management. Sircon's
solutions provide essential industry services by connecting key
stakeholders in the producer lifecycle through the Sircon network. For more
information, please visit http://www.sircon.com or call 877.876.4430.
SOURCE Sircon Corporation
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Related links:
http://www.sircon.com
CONTACT:
Scott Morrison of Sircon Corporation,
+1-517-381-3828, smorrison@sircon.com; or Brian Barthelmes of
Airfoil Public Relations, +1-248-304-1451,
barthelmes@airfoilpr.com, for Sircon
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