Okemos, Mich. — Sircon Corp., a subsidiary of Vertafore Inc., and a provider of producer lifecycle solutions for the insurance industry, and Atlanta-based Compliance 360, a provider of on-demand governance, risk management and compliance software and solutions for the insurance industry, announced a partnership to launch SirconEDGE.
The partnership will combine Sircon’s regulatory content with Compliance 360’s content delivery technology to create SirconEDGE, an on-demand compliance tool providing regulatory intelligence and compliance management for insurance carriers, agencies and brokers.
According to the companies, SirconEDGE is designed to provide customers with capabilities to stay on top of changing insurance regulations, and give them the confidence to become and remain compliant, and measure their compliance efforts. Key product capabilities include search of Sircon, industry and company content, real-time updates, built-in notifications, configurable workflow tools and powerful assessment and proof of compliance through a configurable dashboard and virtual evidence room.
“Compliance 360 is a leader in providing governance, risk management and compliance (GRC) solutions for the insurance industry,” says Gary Gummig, VP of regulatory solutions for Sircon, Okemos, Mich. “By combining Sircon’s rich insurance regulatory content with Compliance 360’s delivery platform, we will help our customers manage their producer licensing compliance programs in a more efficient and confident manner than ever before.”
The partnership with Compliance 360 allows Sircon to leverage the Compliance 360 GRC delivery framework, and to focus on providing the most relevant and timely producer licensing compliance content available. Sircon customers will benefit from gaining access to Sircon’s content through a feature-rich tool powered by Compliance 360. Compliance 360 will benefit by deepening their product offering to Sircon’s more than 1,500 insurance carrier customers, and approximately 300 insurance agencies and brokers for its broader suite of GRC solutions through a special upgrade program.
”We are excited to partner with Sircon and provide the underlying GRC technology for one of the leading networking solutions in the insurance industry,” says Gary Christian, COO of Compliance 360. “Sircon EDGE is the result of our complementary focus on addressing the pressing requirements in insurance today. Based on initial customer feedback, we expect this solution to be a highly valuable addition for the Sircon customers.”
Source: Sircon Corp.
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