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Sircon Corporation Wins 2008 Vanguards in Insurance Practices Award For Delivering Exceptional Customer Value as an Insurance Technology Provider
Insurance Carriers Rank Sircon Second Out of More than 100 of the “Best of the Best” in IT Services
OKEMOS, Mich. (May 19, 2008) – Sircon Corporation today announces it is a recipient of the 2008 Vanguards in Insurance Practices (VIP) Award for delivering exceptional customer value as a top-ranked insurance technology provider. The award was presented at the second annual VIP awards ceremony held at the Mandalay Bay resort in Las Vegas as part of the ACORD LOMA Insurance Systems Forum.
"Sircon's ranking as a top insurance technology provider among insurance carriers throughout North America speaks to the value our services deliver to the insurance-industry customers," said Robert Nero, CEO of Sircon Corporation. "Sircon's technology and services allow insurance carriers to spend less time managing complex compliance processes while at the same time helping to grow their agent channels. We're delighted to be recognized for delivering that value."
To determine the Vanguards in Insurance Practices recipients, insurance carriers throughout the United States and Canada ranked the top insurance technology providers across several categories, including integrated systems, platform technology, point solutions, IT services and enterprise technologies. Sircon placed second overall among more than 100 technology firms for delivering exceptional value in the IT services category.
"Through the opinion of their customers, these hardware, software and services companies have proven that they deserve special recognition for delivering outstanding value to the marketplace," said Pat Speer, Editor-in-Chief of Insurance Networking News.
In partnership with Insurance Networking News, Celent, an independent insurance technology and business research and advisory services firm, developed the survey, collected the data and analyzed the rankings.
"Our collective experience suggests that when it comes to evaluating vendors, there is nothing decision makers appreciate more than insight from their peers, so we based the Vanguards in Insurance program on empirical data gleaned purely from the results of a survey of insurance carriers and brokers," said Craig Weber, senior vice president responsible for Celent’s insurance practice. "The Insurance Networking News VIP awards program provides a critical perspective that will contribute to insurance company technology decisions."
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, agencies and brokers, education providers, 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.
About Insurance Networking News and SourceMedia, Inc.
Insurance Networking News is a trusted source for information on how technology is being implemented to support insurers' strategic business objectives, providing insightful analysis of – and case studies on – how technology is being innovatively utilized to automate critical processes. Every issue of Insurance Networking News is written to help senior insurance executives bypass the hype and get to the heart of resolving industry challenges. Readers rely on carefully researched content that is both engaging and analytical.
SourceMedia, an Investcorp company, is the pre-eminent provider of timely and essential market information – including industry news, analysis, research and insights – for members of the financial services community, as well as related fields such as accounting and technology. Through its comprehensive library of professional publications, suite of industry-standard data applications, and in-depth seminars and conferences, SourceMedia (www.sourcemedia.com) offers its clients and subscribers a valuable and sophisticated range of products and services.
About Celent
Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. More information about Celent’s insurance practice is available online at www.celent.com/insurance.asp
Brian Barthelmes
Airfoil Public Relations
248.304.1451
barthelmes@airfoilpr.com
Scott Morrison
Sircon Corporation
517.381.3828
smorrison@sircon.com