Now that e-signatures have the same legal standing as their handwritten counterparts, insurers are expected to be among the first companies to embrace the new technology."The insurance and financial industries have been eagerly waiting for this law to pass because they are mired in paper-based processes," says Tommy Petrogiannis, president of the privately held Silanis Technology Inc.

The Montreal-based company has developed software, dubbed ApproveIt, that simplifies the process of creating and affixing an electronic signature to a file. For example, with ApproveIt, a customer can use a standard scanner to input a signature into a file.

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