| Copyright: | PR Newswire | | Source: | PR Newswire | | Wordcount: | 425 |
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 whose carriers and agents
use Sircon's One-Click Compliance(TM) product. "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 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
www.sircon.com or call 877.876.4430.
SOURCE Sircon Corporation
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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