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Life Health > Health Insurance > Health Insurance

Tech Bits: Sircon, IPipeline, Others

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Sircon has released a new version of the Sircon for Carriers and Sircon for Agencies and Brokers system.

The update includes new tools for getting insurance producers on board and managing producer data, according to Sircon, Okemos, Mich., a unit of Vertafore Inc., Bothell, Wash.

The update also includes new business system integration, data reconciliation and search capabilities, Sircon says.

In other insurance technology news:

- Internet Pipeline Inc., Exton, Pa., which does business as iPipeline, says Banner Life Insurance Company, Rockville, Md., a unit of Legal & General Group P.L.C., London, will be using the iGO App Drop Ticket system starting in January 2010.

William Penn Life Insurance Company, Garden City, N.Y., a Banner Life subsidiary, will also use the system, iPipeline says.

- Buck Consultants, a unit of Affiliated Computer Services Inc., Dallas, has agreed to license use of the GEMS Economic Scenario Generator system from DFA Capital Management Inc., Purchase, N.Y.

- SunGard Data Systems Inc., Wayne Pa., has updated the Roth individual retirement account analysis tools in its WealthStation asset management system to help advisors guide clients who are considering IRA conversions.

Today, taxpayers can convert traditional IRAs to Roth IRAs only if they have less than $100,000 in modified adjusted gross income. New federal rules that take effect Jan. 1, 2010, will eliminate the income limit.

The system lets advisors choose between using current tax brackets in analyses and setting user-defined average tax rates.

- J.P. Morgan Chase & Company, New York, has changed its health savings account website, at

Customers now can transfer funds to HSAs directly from checking and savings accounts, and they can pay medical expenses online, the bank says.

- Aetna Inc., Hartford, has added website sections that give consumers information about health reimbursement arrangements and health savings accounts and advice about how to use the plans.

The health account plan resources include informational videos along with written materials, Aetna says.


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