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Catch the E-Signature Adoption Wave

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Free Educational Webcast

Recorded On: Thursday, September 17, 2009
Length: 1 Hour
Presenters:

Michael Laurie, VP Strategic Development & Co-Founder, Silanis Technology

Jamie Bisker
Global Segment Manager, Non-Life IBM Global Team

By 2012, it is estimated that Internet-generated auto insurance sales will double, with more than half generated by the direct online channel1. The Internet has also become the dominant channel for auto insurance research, with more than 50% of research now conducted via the Web2. Leading P&C insurers are now responding to these market shifts, adopting electronic signatures to enable straight through processing for new business in auto and home in all sales channels including agents, call center and web.

Where are you in the adoption wave? Are you leading the way as a top-performer -- embracing advanced electronic signature technology and e-transactions to rapidly and efficiently execute on your multi-channel strategy, capture new customers, strengthen risk and compliance and slash costs? Or are you lagging the competition, marginalized by broken, manual paper based processes, high costs and process inefficiencies?

 

Why you should watch

As an executive or member of a project team responsible for e-commerce initiatives, you face the challenge of assembling the critical infrastructure to meet today’s evolving business, legal and regulatory requirements. You need to take a strategic approach to deploying e-signatures, and STP. Join Silanis and IBM for an educational web seminar aimed at helping you navigate shifting requirements, and succeed in your strategic STP and e-signature initiatives:

  • Gain a glimpse into the future – where industry adoption of STP and e-signatures will be by 2013
  • Understand the cost and time advantage achieved by using electronic vs paper-based transactions
  • Examine the role electronic signatures and STP play in enabling agent to consumer transactions

Consider the Facts:

  • 40% of all auto and individual life insurance sales will happen online by 20113
  • 76% of insurance customers will pay more for higher levels of trust; greater access and exchange of information; and more personalized products4
  • Nine of the top 10 P&C carriers have implemented e-signatures5

Banner - New Directions for Distribution Among U.S. P&C Insurers, Gartner Group, by Kimberly-Harris Ferrante
1.US ONLINE AUTOMOTIVE FORECAST 2007 TO 2012, Forrester Research, by David Card
2.The Web Dominates US Auto Insurance Research, September 11, 2008 by Bill Doyle and Peter Wannemacher
3 & 4 Smart Insurance: Surviving and Thriving in Uncertain Times, IBM, by Mark McLaughlin
5.Silanis internal sources