Kaplan Compliance Solutions (KCS), a provider of service and technology solutions designed to eliminate paperwork and reduce compliance risk for the insurance and securities industries, announced that Esurance, the direct to consumer personal auto insurance company, is the latest customer to migrate to the Compliance Management System Generation 2™(CMS G2™) platform, KCS’ flagship compliance automation solution.
Esurance has licensed the CMS G2 Database Module (DBM) to house their licensing data. Essentially, the DBM is a unique and powerful database that manages securities and insurance compliance data in one centralized solution. DBM offers the ability to view, track and manage data for carriers, firms, branches and registered individual representatives and producers.
For Esurance, it will also manage the electronic submission of appointments and appointment terminations to the Departments of Insurance for processing.
The CMS G2 system gives Esurance agents read-only access to the database, providing 24/7 access to license information. Esurance plans to roll out this feature in early 2010. In addition, Esurance will utilize the CMS G2 NIPRSM alerts to automatically update portions of their database, eliminating most manual verification of license effective dates.
“CMS G2 is a powerful tool for Esurance’s licensing department. Now we can quickly and reliably manage the licensing and appointments of our producers,” said Kim Zanola, licensing supervisor at Esurance.
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