Sircon Partners With Compliance 360 to Deliver Regulatory Intelligence Tool for Insurance...

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Tue Sep 2, 2008 10:08am EDT

Sircon Partners With Compliance 360 to Deliver Regulatory Intelligence Tool
for Insurance Industry
Sircon Launches Next-Generation Tool - Sircon EDGE(TM) - to Help Companies Get
Compliant, Stay Compliant and Measure Compliance

OKEMOS, Mich., Sept. 2 /PRNewswire/ -- Sircon Corporation, a leading
provider of producer lifecycle solutions for the insurance industry, and
Compliance 360, a leading provider of on-demand governance, risk management
and compliance software and solutions for the insurance industry, announce a
partnership to launch SirconEDGE(TM).  The partnership will combine Sircon's
rich regulatory content with Compliance 360's content delivery technology to
create SirconEDGE(TM), an industry-leading on-demand compliance tool providing
regulatory intelligence and compliance management for insurance carriers,
agencies and brokers.
    "Compliance 360 is a leader in providing governance, risk management and
compliance (GRC) solutions for the insurance industry," said Gary Gummig, vice
president of regulatory solutions for Sircon.  "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 governance, risk and compliance 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 over 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," said Gary Christian, chief operating officer of Compliance 360.
"Sircon EDGE(TM), an innovative solution providing advanced regulatory
intelligence and compliance management, 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."
    SirconEDGE(TM) will provide customers with powerful 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 easy 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.
    For more information, visit www.sircon.com/edge .
    About Sircon Corporation
    Sircon is a wholly owned subsidiary of Vertafore, Inc.  Sircon 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, appointments, 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 Compliance 360 for Insurance
    The Compliance 360 software-as-a-service (SaaS) solution for insurance
enables a comprehensive approach to regulatory compliance and risk management
through a single enterprise-wide platform.  The Compliance 360 solution helps
insurance companies cost effectively address local and federal regulatory
mandates including the NAIC Model Audit Rule, Medicare Part D, and
state-specific marketing conduct exams, as well as accreditation such as NCQA
and URAC. Industry leading insurance companies that depend on Compliance 360
include AMERIGROUP, Blue Cross and Blue Shield Association, Blue Cross
BlueShield Florida, Blue Cross Blue Shield Illinois, Centene, Great West Life,
Health Care Service Corporation, Health Net, Health Markets, The Regence
Group, The Travelers Companies, and WellPoint. To learn more about the
Compliance 360 solution for insurance, visit www.compliance360.com .
    Sircon is a trademark and wholly owned subsidiary of Vertafore, Inc. The
names of actual companies, business units and products mentioned herein are
trademarks of their respective owners.
SOURCE  Sircon Corporation

Brian Barthelmes, Airfoil Public Relations, +1-248-304-1451,
barthelmes@airfoilpr.com, Scott Morrison of Sircon Corporation,
+1-517-381-3828, smorrison@sircon.com, Nicki Porter of Compliance 360, Inc.,
+1-678-527-2471, media@compliance360.com
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