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Bankers Fidelity Life Insurance Company Selects Sircon to Help Grow and Manage Distributor Channel
Apr 27, 2010
Okemos, Mich. - April 27, 2010 — Sircon (www.sircon.com), today announced that Bankers Fidelity Life Insurance has implemented the Sircon for Carriers™ solution to help manage its growing network of agencies and producers. Sircon for Carriers is a comprehensive suite of tools designed not only to manage compliance, but the entire producer lifecycle. This suite provides connections to all stakeholders in the insurance community including carriers, agencies, agents, education providers and state regulators.
"Bankers Fidelity Life is rapidly growing our agent population and we did not have the systems or the level of resources available to handle the initial onboarding or the ongoing agent maintenance at a much higher level. We were looking for a way to improve efficiencies of our existing staff and increase the speed at which we activate these new agents," said Bob Hines, Agency Vice President of Bankers Fidelity Life Insurance Company. "Sircon will streamline our processes and allow us to add and maintain all the new agents, while also providing the ability to deliver direct online access to activation services, minimization of paperwork, virtual elimination of processing delays and positioning the company to take full advantage of the automation opportunities now available within the insurance industry."
The Sircon for Carriers suite integrates product modules that streamline and automate three main functions: licensing and appointing, producer compliance management, and agent on-boarding - all designed to help manage the producer lifecycle.
"By implementing an approach that automates the entire producer lifecycle, insurance companies such as Bankers Fidelity are finding that complex contracting and licensing processes become much easier and far less time consuming," said Tim Owen, Sircon's Vice President of Product Management. "Streamlining the agent activation process will help Bankers Fidelity increase its network of producers and grow its business faster."
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:
Scott Morrison
Sircon
517.381.3828
smorrison@sircon.com
