Okemos, Mich. - Sircon Corp. and Efficient Forms LLC, Littleton, Colo., have formed an exclusive partnership designed to build on each other's products and customer bases to create an online platform for agent hiring, contracting and licensing for insurance agents, carriers and regulators. The partnership is a step toward creating a single online community where insurance carriers and their distribution partners can collaborate through an integrated, coordinated network, according to the two companies."This combination provides online capabilities that can transform processes between insurance carriers and their distributors," says Gary Gummig, vice president of business development at Sircon. "By integrating online services that will automate transactions and workflow, and virtually eliminate paperwork, this creates opportunity for unprecedented process breakthroughs."
Today, a single packet of hiring or contracting forms may contain up to 50 pages and many, when completed, are distributed between agents, carriers and regulators and often circulated, several times, for correction. As a result, the hiring and contracting process is heavily dependent on paperwork and redundant data entry, taking weeks or even months to complete. This delay creates bottlenecks for agents and carriers and adversely affects revenue opportunities.
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