Resources 

How to Reduce Life Insurance Cycle Time with E-Signatures & E-Policy Delivery

Free Educational Webcast

Recorded On: Thursday, October 14 2010

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

Roy Goodart
Vice President of Marketing, Blue Frog Solutions

Overview

In life insurance, new business is not considered closed until the final policy has been delivered and the client has signed the delivery receipt. This final and crucial step in the process is often time consuming for agents and further extends cycle time by 25 days on average. Without a doubt, carriers, general agencies, broker dealers, producers and insurers can all benefit from a faster, more convenient and compliant policy delivery process.

Electronic policy delivery and e-signatures eliminate the need to send out or hand-deliver paper policies. It is estimated that this process improvement can reduce cycle time by 87 percent and cost by 75 percent. Insurance companies using electronic signature and delivery technology offer their customers’ superior, more convenient service and frequently experience adoption as high as 90 percent.

In this free 60-minute Webcast, Silanis & Blue Frog outlines the top requirements for ePolicy Delivery and explain how this cost effective solution can quickly and easily fit into your business. The presentation includes a solution demonstration that highlights how to:

• Cross sell and up sell capabilities based on pre-determined underwriting 
• Monitor live customer transactions
• Increase close rates using a Web-based, zero-download, click-to-sign
• Enforce compliance requirements by configuring business rules
• Maintain brand equity with logos, supplemental documents, and custom pages
• Capture of secure electronic evidence