Insurance providers looking to quickly move to paperless processing of customer transactions now have a new cloud-based, e-signing service at their disposal, said Silanis Technology - the electronic signature solution provider for 21st Century , Country Financial, , Liberty Mutual and other leading carriers.
The company today released the first dedicated e-signing service for the insurance industry. This transaction-
Designed to provide the fastest integration with insurance and document systems, carriers, brokers and direct marketers can get to market within 30 days with a solution optimized for their unique business process and branding requirements, while limiting the cost to the actual usage by agents and customers.
“Silanis’ new e-Sign Dedicated Service for Insurance fills a critical void in the marketplace”
Unlike Software-as-
Leveraging Silanis’ 10-years of experience implementing electronic signatures at some of the largest P&C and Life carriers, the service equips insurers with everything they need to rapidly demonstrate proof-of-concept, run pilots or fully deploy the service to automate any volume of customer transactions in the agent, call center and web channels, while lowering implementation and compliance risks.
Insurers can easily select from a variety of options to present, sign and securely deliver documents to consumers in compliance with all business, legal and regulatory requirements. The process templates ensure that business rules are enforced throughout the transaction, and that application documents are returned in good order with all the required data, signature, initials, and consent in all the right places.
Silanis’ e-Sign Dedicated Service for Insurance further reduces risk by producing the strongest and most reliable legal evidence and audit trail information in the industry. The entire transaction is recorded and secured using digital signature technology, and can be reproduced from start to finish, including all of the web pages and documents that were presented to customers, and all actions that they took in reviewing and signing the documents. In addition all e-signed documents are distributed in PDF format and secured through digital signature encryption to meet ISO standards for long term archival and security.
Today, Silanis’ solutions are being used by insurers to accelerate time-to-market of e-signatures in new business applications, policy delivery and receipt, beneficiary change requests, power of attorney, medical release forms, consent to privacy and credit reports, and agent contracting and licensing documents.
“The new e-Sign Dedicated Service for Insurance delivers enterprise-class features and insurance best practices packaged up and ready to go,” said Petrogiannis. “What was once only within the reach of large insurers is now available to small and mid-size carriers, agencies and producers.”
