The insurance sector is increasingly turning to digital signatures to simplify and speed up policy processing. However, to ensure transactions remain legally sound, it’s crucial that specific procedures are strictly followed throughout the signing process.
Making transactions smoother and faster
With Quadient RSign, insurance applications can be finalised online quickly and without any unnecessary steps or interruptions. No special devices are needed – customers can sign their insurance contracts straight from their smartphone or tablet. Once signed, they immediately receive all relevant documents via email. Because the digital signature is integrated directly into the customer management system, the entire process runs smoothly without manual input from either customers or staff. This eliminates the need for traditional paper-based methods like postal mail, fax, or email attachments, meaning contracts are completed much faster.
Are digital signatures legally binding?
RSign guides the creation of contracts and declarations of intent in a series of clear, simple steps ensuring that every contract is legally binding. This offers insurance companies a powerful tool that’s more verifiable than an electronically archived, scanned original signature.
Obtaining data protection agreements—often a tricky part of digital processes—is also easy. RSign fulfils the written form requirement without needing Qualified Electronic Signatures (QES), ensuring a completely electronic process without any interruptions.
How secure is the digital signature process?
Concerns around data security have grown considerably in recent years, so it’s no surprise that insurance professionals want to know just how secure digital signature processes really are. RSign uses advanced measures to keep sensitive and personal data safe, in line with all relevant data protection regulations, including the GDPR. Documents can even be password-protected, ensuring that only the intended recipient, equipped with the correct access code, can view them.
Why RSign is the ideal partner for insurance companies
RSign offers a range of significant benefits to insurance providers looking for a dependable, effective way to manage digital signatures, including:
- Ease of use: Designed to be simple and intuitive, making it user-friendly for everyone.
- High acceptance rates: Enjoys broad uptake among employees and customers due to its simplicity.
- Flexible settings: Allows for extensive customisation and control via administrator tools.
- Data protection compliance: Meets key national and international data protection regulations.
- Real-time tracking and reporting: Keeps you informed with up-to-the-minute status updates.
- Comprehensive administrator controls: Offers robust options for configuration and oversight.
- Sequential signatures: Handles multi-step signing processes with ease.
- Template and rule creation: Simplifies repetitive tasks, boosting efficiency.
- Multi-party signing capabilities: Enables collaborative signing among various stakeholders.
- Email encryption: Provides added security for sensitive documents.
