Uptick in E-Signature Purchases

With a number of insurers looking to lock down e-signature capabilities, DocuSign says insurance companies are standardizing on its technology to enable straight-through processing of insurance policies.

According to the company, insurance clients include 1st Guard, AAA Allied Group, AON, Auto Insurance Specialists, Banner Life, BMCC Insurance, Driver’s Insurance Co. and Fidelity National Title, all of whom standardized on DocuSign in an attempt to improve the customer experience, gain real-time visibility and control, reduce manual work and eliminate errors.

“Using DocuSign has improved our application return rates by more than 20 percent and reduced our cycle time by almost two weeks,” said Nicole Ward, director of business development at Pinney Insurance.

DocuSign is a founding partner in the SaaSinsure initiative in Europe, which has created an IT platform that unites the benefits of CRM, the social enterprise, marketing, electronic documentation, and policy administration by integrating technologies, including DocuSign.