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Vertafore acquires Kaplan compliance solutions

Vertafore, a provider of insurance distribution channel solutions, has acquired Kaplan Compliance Solutions (KCS) by its wholly owned subsidiary, Sircon.

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, enabling the organizations to market integrated education/compliance solution.

According to Vertafore, Sircon producer licensing solutions and the KCS producer and broker dealer compliance platform and outsourcing solutions are expected to be marketed under the its Lifecycle Management product family.

Vertafore senior vice president Susanna Morgan said the company plan to continue investing in its producer lifecycle management solutions, which will allow its customers to elevate thier compliance practices and focus on growing their businesses.