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E-Signatures in Life Insurance & Variable Annuities
A FREE ONLINE WEBCAST PRESENTED BY SILANIS & IBM
Recorded On: Wednesday, May 28, 2008
Kim Minor, senior managing consultant, Global Business Services, IBMMichael Laurie, vice-president strategic development & co-founder, Silanis Technology
"Innovative and leading life insurers will proceed with e-signature projects in the next 24 months and consider it a requirement for their compliance, risk management and e-business initiatives.” Gartner 2007 Hype Cycle for Life Insurance
Why you should watch
Many insurance carriers and distributors struggle with the inefficiency and cost of completing new business applications on paper. Document-in-transit delays, document production cost, errors and time spent chasing paperwork all have a negative impact on profit margins and customer satisfaction. Even when applications can be completed in one sitting, phone call or online session, regulated forms and policy documents must still be distributed to the customer for review, signing and return. Electronic signatures eliminate the need to print life insurance and annuity applications to paper for signature, thereby enabling straight-through processing.
Silanis Technology and IBM have partnered to deliver a complete solution to the market that will facilitate adoption of eSignature in a straight through processing model for new business. Drawing from 16 years experience as an industry leader in e-signature technology and working with some of the world’s largest insurance companies, Silanis Technology understands the key market criteria that lead to the successful adoption and deployment of e-signature solutions. As the world's largest information technology and services company, IBM offers decades of unparalleled experience and expertise in the insurance industry.
This free Web seminar provides insight on how insurers and distributors can leverage e-signatures to offer a paperless experience for their online, call center or agent channels. Aimed at senior line-of-business, legal/compliance and IT/IS decision-makers, the presentation focuses on:
- E-Signature & eCommerce trends in life insurance
- Solutions for agent & direct channels – online & point-of-sale
- Legal, compliance and evidentiary requirements
- Industry standards
- Straight-through-processing and supporting systems
Feature demonstration
The presentation also features a demonstration from IBM of an Online Variable Annuity Application and a question and answer period to ensure attendees leave the session with the knowledge to accelerate their organization's e-commerce initiatives.
