Company Significantly Expands Producer Lifecycle Management Offerings
Oct 13, 2011
Bothell, Wash.—October 13, 2011—Vertafore (http://www.vertafore.com), the leading provider of insurance distribution channel management solutions, announced that the acquisition of Kaplan Compliance Solutions (KCS) (http://www.kaplancs.com) by its wholly owned subsidiary, Sircon, has closed.
The Sircon producer licensing solutions and the KCS producer and broker dealer compliance platform and outsourcing solutions will be marketed under the Vertafore Producer Lifecycle Management product family, the most comprehensive, proven Producer Lifecycle Management offering available in the insurance and securities industries.
“With the close of this strategic acquisition, Vertafore continues to deliver on our commitment to helping carriers, broker dealers and the compliance and regulatory community streamline and automate the complex process of producer appointing, registrations, licensing and day-to-day compliance transactions,” said Susanna Morgan, senior vice president of Vertafore. “We plan to continue investing in our Producer Lifecycle Management solutions, which will allow our customers to elevate their compliance practices and focus on growing their businesses.”
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, allowing the organizations to bring to the market an integrated education/compliance solution.
About Vertafore Vertafore delivers software and services that transform the business of insurance. Unique to the industry, more than 20,000 customers rely on Vertafore to provide integrated technology that connects the entire industry with the most complete source of solutions—agency management, rating and connectivity, content management and workflow, information solutions and producer lifecycle management—so their businesses run better and are more profitable. For more information about Vertafore, please visit www.vertafore.com.
Media Contacts:Kellen DavisonVertaforekdavison@vertafore.com(425) 354-6819
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