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Sircon Solutions
Insurers commit millions to earn and protect their good reputation with policyholders, investors, and the public. But think for a moment about the people who sell your company’s products and bring in the revenue. What is your reputation with them? Do your marketing partners or distributor network see your company as being easy to do business with?
High-volume agents will tell you that the carriers they prefer to write business for are those that make it easy to write business with. Preferred writing companies don’t swamp agents with paperwork at signing time, and they keep them updated of activation progress. They get the compensation hierarchy right the first time. Most importantly, they get their agents appointed rapidly, so they can start selling right away.
Sircon’s Producer Express manages the recruiting, contracting and appointing process, which allows carriers to automate the various steps in finding and acquiring a new producer. It delivers more flexibility and responsiveness to the organization’s recruiters, while enhancing the capabilities of the licensing & appointing department to act quickly and decisively on potential producers. The net results are quicker recruit-to-hire, streamlined workflow, reduced costs, and increased revenue.
Hot producers with business in hand won’t tolerate a complicated signing process. The time from the first recruiting contact to the appointment simply takes too long. In many cases it exceeds six weeks. The producer is dissatisfied and the carrier’s time-to-market is not competitive. Missing information results in substantial re-work expense and delay. Paper-based systems force manual re-entry of producer data into other carrier systems, not to mention the out of control overnight shipping charges.
The list of challenges is daunting, yet fundamental sales force expansion activity helps carriers achieve their sales goals. Carriers that want to create sustainable competitive advantage need to:
Producer Express™ automates the interaction between producers, distributors, and carriers through the Web to increase the volume, speed and accuracy for activating new producers.
Producer Express accommodates all recruiting scenarios, such as paper-form entry, recruiter- or home-office initiated, or agency recruitment.
Leads are generated from a web site or from online job boards like Monster, Hot Jobs, or Career Builder and are tracked for various events like first contact, follow-up date, first and second interview, and the date the lead was moved to the hiring, contracting or appointing process. Other data that can be tracked includes:
This data is then passed to hiring, contracting and appointing.
Producer Express helps streamline the complex and paperbound process of collecting the documents required to activate new producers by integrating background investigation, licensing status verification, and state appointment processing.
Forms passed between remote locations and the home office are automated and checked for completeness, and can be signed and countersigned digitally. No more wondering what happened to a contract packet, either. With Producer Express, you can track your paperwork from contact to contract to impact. Event driven email or portal notifications provide updates to all parties. Information is then fed directly into Sircon for Carriers for appointment processing.
Document signatures enforced as needed, either once for the whole packet or multiple times for each person involved. These signatures are legally enforceable and replace the need for physical signatures, which used to mean shipping paperwork, delays in the process and possible loss of paperwork.
The type of signature your firm chooses to use is flexible, and can be a simple click, a PIN system, voice or scribble. All integration is done through authenticated and secure (HTTPS, SFTP, and PGP) methods.
All of Sircon’s offerings are web-based applications hosted and managed by Sircon in IBM-partnered data centers. All you need is Internet access and a browser, and you’re in business. It’s is backed by an enterprise-class hardware and software infrastructure, and top-of-the-line application servers, database servers and reporting server software. Sircon also provides advanced network security, Internet bandwidth, and dedicated production support staff to monitor and manage performance and security.
Sircon's Professional Services and Client Services groups will work with customers both during initial implementation of Producer Express and as new packet types are added, or if existing packets need to be updated to make sure Producer Express stays current with each customer's needs. For initial packet implementation and ongoing packet changes, statements of work are created to make sure the scope of the work is well-defined and managed.
Sircon will store client document packets for three years from the date of initiation of the request. After three years, Sircon may purge the data at its option. Data archival services are available upon request on a time and materials basis for customers that want Sircon to archive their data to CD or DVD. Extended data storage for up to seven years is available for an additional monthly fee. Producer Express data is retained at no additional cost for up to seven years for customers that use Sircon's Producer Manager compliance database system.
Direct and Indirect Request Initiation
Document Packets and Intelligent Forms
Flexible and Automated Process Workflow
Electronic Signatures
Integrated Licensing and Appointment Processing
Letter Templates
User and Roles Management
E-mail Notification and Confirmations
Event-driven support for email notifications and confirmations including:
Back-Office Integration
Reporting Capabilities
Flexible search criteria
Data extracted into Excel compatible format
Provided reports include:
Web-Based and Web-Hosted
Candidate Management
Carrier Portal Connector
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