DocuSign, Vertafore Partner on Digital Transaction Management
Staff Writer | March 31, 2014
DocuSign and Vertafore announced a strategic partnership to make DocuSign’s Digital Transaction Management (DTM) platform and e-signature solution widely available from within the Vertafore Agency Platform and AMS360 Online, with integration into the Sagitta suite of products to follow later this year.
“Vertafore’s innovative technology is used by more than 95 of the nation’s top 100 insurance agencies and we’re proud to bring DocuSign to our customers and their clients,” says Alex Lintner, CEO of Vertafore. “In a business where accuracy is paramount and speed in producing policies and processing claims is critical, integrating DocuSign into our products helps agencies of all sizes eliminate errors, increase security and compliance, and improve their profit margins with a better customer experience.”
“In our agency, minutes can make a difference. DocuSign coupled with our Vertafore systems has given us the competitive edge against our competition while ensuring that we’re complying with the signature requirements from our carriers," says Leif Hurst, director of IT, CoVerica. "Plus, clients love doing business over e-signature and we’re no longer waiting for the mail or having to chase unsigned applications.”
DocuSign and Vertafore help joint customers like ABD Insurance & Financial Services and USI Insurance Services to:
- Increase speed to revenue—DocuSign eliminates “not in good order” documents by guiding applicants through the signing process so no fields, initials or signatures are ever missed, which accelerates speed-to-revenue with more applications closed faster.
- Slash costs—DocuSign eliminates the costs of printing, faxing, scanning, and overnighting documents for signature, as well as staff time to track down documents and signatures, and rekey data from paper applications.
- Reduce E&O exposure—DocuSign helps businesses more easily obtain signatures on all needed forms, both those sent on to carriers, and those required for business records. DocuSign requires signers to fill out and sign forms completely, providing more consistency in documentation, and documents signed using DocuSign are stored securely in the cloud to provide a legally binding audit trail to drive increased compliance with agency E&O policy.
“Vertafore is a technology giant in the insurance industry that shares our mission to transform the way business is done,” said Keith Krach, chairman and CEO, DocuSign. “We’re proud to partner with Vertafore to help more insurance agents achieve their digital transformation with DocuSign’s Digital Transaction Management platform.”
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