Sircon Announces Milestone for Advanced Syncing Technology; Two Million Syncing Transactions Processed to Date

OKEMOS, Mich., Nov. 1, 2010 /PRNewswire/ -- Sircon® (www.sircon.com), a wholly owned subsidiary of Vertafore®, (www.vertafore.com), today announced that it has successfully synced two million producer data records with its One-Click Compliance™ feature.

"With producer data changing so frequently, it is near impossible to keep up and remain compliant without the type of proactive solution offered by Sircon," said Sarah Bellis, vice president agent on-boarding at UnitedHealthcare Medicare Solutions. "Sircon's advanced syncing capabilities enable us to eliminate the need to manually reconcile and re-enter data while ensuring that we remain compliant."

For most agencies and carriers, licensing and appointing information for 80 percent or more of their producers will change within the course of a year. However, most carriers will not be automatically notified of these changes, which can lead to tedious manual updates or the risk of non-compliance. Sircon's advanced producer syncing technology compares 39 separate fields of information and more than 5,000 lines of authority to automatically adjust for data inconsistencies and ensure that both agencies and carriers remain compliant.

"More and more carriers and agencies are utilizing our advanced sync technology to ensure they keep producer information current with the national producer database (PDB) and state databases for continuing education information," said Tim Owen, vice president of product management at Sircon.  "Regular syncing with trusted data sources like the PDB and state databases can help carriers and agencies avoid unnecessary fees for renewing producers as well as minimize their risk of becoming non-compliant."

Sircon's One-Click Compliance advanced syncing technology is available as part of its Producer Manager solution, included in both the Sircon for Carriers and Sircon for Agencies product suites.

About Sircon

Sircon is a wholly owned subsidiary of Vertafore, Inc. Sircon 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, agencies and brokers, education providers, producers (agents) and state regulators for licensing, recruiting, contracting, appointments, 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.

Media Contacts: Michelle Craig, Nyhus Communications LLC for Sircon, (206) 323-3733 | [email protected]; or Scott Morrison of Sircon, (517) 381-3828 | [email protected]

SOURCE Sircon