All AssureSign customers realize the value of signing documents online – speed, efficiency, integration with existing business processes, more control over the process and, of course, the cost savings. The insurance industry could be considered an early adopter of web-based signature applications such as AssureSign. In fact, some of our very first customers were insurance agencies.
One such agency, Serenity Insurance, began using AssureSign late in 2006 and realized immediate, tangible benefits as their capture rate went from 20% to 33% - a 65% improvement! – because their agents could “close the deal” while on the phone. During the call the agent e-mails the policy for mutual review and execution; any questions or concerns are immediately addressed, the customer signs with their mouse and the deal is closed. There’s no need to print the policy and then find a fax machine or stuff it in an envelope, and the traditional obstacles of overnight fees, postage, “lost in the mail” and additional “shopping” are eliminated. For Serenity implementing a web-based signature solution offered the following benefits: (1) Elimination of geographic boundaries which allowed them to easily expand into new regional markets, (2) Increased revenue without increasing staff due to higher close ratios and process efficiencies, (3) Seamless integration with their existing customer capture-and-fulfillment process, (4) Increased agent confidence in policy execution and (5) Increased customer confidence in Serenity.
This is just one example of the benefits recognized in processing insurance-related documents. Some additional applications include:
-
Integrate with existing web portals for customer self-service
-
Support for P&C, Life, Commercial Lines and Specialty Lines
-
Policy initiation
-
Policy renewal
-
Claims processing
To learn more email us at sign@assuresign.com or attend a FREE webinar that reviews these applications and provides a demonstration of some of AssureSign’s capabilities. Sign up today!