Insurance

Solutions for Insurance Certificates & More

Paper-based processes within the insurance industry such as issuing certificates and signing applications can be eliminated by using xyzmo SIGNificant's secure signing technology.  By sealing certificates electronically and signing agreements via mobile POS, a huge cost reduction can be achieved.  Simultaneously, document security is increased and fraud is reduced.

A recent Gartner study (Oct. 2008 from Kimberly Harris-Ferrante) showed that:

Insurers can deploy e-signatures to better support their e-commerce projects, reduce mailing costs and improve the authentication of online shoppers at their Web sites.

• E-signatures are an important element of the e-commerce strategy. Insurers will need to deploy e-signatures to streamline the online sales process and reduce the time required to bind online policies.
• E-signatures can be used to slash operational costs, including mailing, document generation and document management.
• E-signature technology can be leveraged across all channels — including agents and the call center — to better facilitate sales transactions.

Benefits of using xyzmo’s technology:

• Reduction in costs and labor
• Reduction in fraudulent activities
• Expedient routing of electronic documentation throughout the back office process
• Compliance with applicable e-signature legislation