Vertafore Finalizes Kaplan Compliance Acquisition

Vertafore’s wholly owned subsidiary, Sircon, has acquired Kaplan Compliance Solutions (KCS). Vertafore is a provider of insurance distribution channel management solutions. Thus, Sircon's producer licensing solutions and KCS' producer and broker dealer compliance platform and outsourcing solutions will be marketed under the Vertafore Producer Lifecycle Management product family.

Vertafore adds that, as part of the acquisition, Kaplan University’s School of Professional and Continuing Education (KU PACE) and Vertafore have entered into a joint marketing agreement, whereby KU PACE will be a preferred education services provider for KCS/Sircon customers. This will allow the organizations to bring to the market an integrated education/compliance solution.