Okemos, Mich.-based Innovative IT Solutions Inc. launched SIRCON-gov, a next-generation, Web-based regulatory management system that provides state insurance regulators an automated and more efficient way to manage, process and track critical information on agencies and producers at the summer NAIC national meeting June 21-24 in New York City.
SIRCON-gov demonstrations were given to State Insurance Departments at the meeting.
Currently, SIRCON-gov contains modules for producer licensing, continuing education and company appointment validation. Work is already under way on the modules for consumer services, enforcement and rate and form filing. Specifically, the Web-based regulatory management system’s benefits by module are:
Producer licensing module:
—Manage license applications and renewal approvals for electronic or paper applications
Accept electronic applications through SIRCON and the NIPR for non-residents and through SIRCON for residents
—Review and update all demographic, license and qualification, appointment, continuing education, alias and bond information
—Track and maintain associations between business entities and individual producers
—Track and maintain sponsorships between solicitors and their sponsoring producer
—Automated electronic appointment and termination processing
—Process service requests for name and address changes, requests for letters of certification, letters of clearance and duplicate licenses
—Print, reprint and e-mail documents and inquiries in PDF format
Continuing education module:
—Track and maintain providers and provider courses
—Process course completions for individuals
—Track and maintain continuing education requirements and compliance for individuals
Company appointment validation:
—Track basic information regarding insurers and their authorized lines
—Perform validation to ensure insurers and producers are currently licensed for the appointment types requested
—Print, reprint and mail documents, such as appointment action letters and appointment billing/renewal invoices, and inquiries in PDF format
—Enable insurers to process their appointment renewals electronically via the Internet
Topics Training Development
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Generative AI in Insurance Isn’t Working 
With American Mobile Out, Florida’s Mobile Home Insurance Market Seems to Have ‘Fallen Apart’ 
California Commissioner Orders Insurance Cancelation Moratorium for 185K Residents 
Hard Reinsurance Prices Likely to Last Longer Than in Previous Market Cycles: Report 
