Sircon

Sircon, a subsidiary of Vertafore, provides a software-as-a-service (SaaS) platform designed to manage the lifecycle of insurance producers. It was founded in 1997 and later acquired by Vertafore in 2008.

The company's core business revolves around automating and streamlining regulatory compliance for the insurance and securities industries. Sircon's solutions connect carriers, agencies, brokers, education providers, and state regulators to simplify processes like licensing, contracting, appointments, and education tracking. Its platform serves a wide range of clients, from individual agents and agencies to large carriers and securities firms. By offering centralized management of credentials, automated renewal reminders, and up-to-date regulatory information, the system helps reduce administrative costs, minimize compliance risks, and accelerate time-to-revenue for its users.

The product suite includes Sircon for Carriers, Sircon for Agencies, and solutions for individual producers. Key features include a centralized compliance hub, automated license applications and renewals across all 50 states, continuing education tracking, and real-time updates on regulatory changes. For carriers, the platform offers a comprehensive distribution management system that includes onboarding, self-service portals for agents, and compensation management. The business model is primarily subscription-based, offering its platform as a SaaS solution without requiring large upfront software investments.

Keywords: insurance compliance, producer licensing, regulatory technology, insurtech, compliance management, agent onboarding, credential management, distribution management, licensing automation, continuing education tracking, regulatory compliance, securities compliance, agent management, broker compliance, Vertafore, producer lifecycle, state regulations, license renewal