Okemos, Mich. - Minnesota Department of Commerce has implemented Sircon for States, a Web-based solution from Sircon Corp., making Minnesota the 14th state to adopt the online compliance technology for producer licensing and appointment.The conversion from a legacy system to a hosted solution is aimed at increasing the online services Minnesota provides to insurance carriers, agencies and producers across the country, enabling customers to connect with the Minnesota Department of Commerce 24 hours a day, seven days a week.
"In Minnesota, we serve over 85,000 active agents and over 7,600 active agencies," says Commissioner Glenn Wilson. "When you're handling that kind of volume on paper, it not only produces additional work for state employees, but creates a significant lag-time between the time an agent applies for a license and when that process is complete and they can begin working. In our first three weeks of operation, 950 new license applications were approved and licenses were printed immediately."
Sircon for States eliminates paper forms currently used for appointing and licensing that have traditionally been lengthy and time-consuming to complete. Minnesota Department of Commerce plans to save significant time processing electronic transactions and will provide better service to carriers and producers.
Sircon for States provides built-in support for enforcement case action, consumer complaints, producer data, and rate and form filing. It also opens up direct online access to Minnesota so that insurance carriers and producers can process electronic appointments, terminations, license applications, renewals and many other services through Sircon's Compliance Express solution.
Minnesota is also tracking all producer continuing education credits using Sircon technology. Insurance education providers can now send electronic notices regarding course completions for agents directly to the Department of Commerce.
"The staff at the Minnesota Department of Commerce has been great to work with during their recent conversion to Sircon for States," says Gary Gummig, vice president of e-government and business Ddevelopment for Sircon. "They are a tremendous partner and are focused on leveraging technology to make conducting business with Minnesota state government more efficient and effective. The department is already seeing exciting usage statistics of the online, real-time system in the first full week of production. This adoption being is fueled by ease of use and Sircon subscribers anxious to do business electronically with another Sircon State".
Source: Sircon Corp.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access