Legally Binding and Paperless Business Process
CIC's eSignature solutions enable a legally binding and paperless business process for automating the issuance of
insurance policies - from application signing through submittal, underwriting, final policy signing and
archive - significantly reduce operating costs.
"...estimates an annual savings in excess of $1.6 Million attributed to staff reductions in document control
and account opening process..."
-- Steve Hirsch, VP Marketing, Charles Schwab
Shorten Signature Dependent Transaction Time
Using CIC eSignature solutions significantly shortens account opening, loan processing,
underwirting and other signature dependent transaction
"...Underwriting time has been reduced by 50% from 33-35 days to 15-16..."
-- Barbara Koster, CIO, Prudential Life Insurance
Reduce Fraud and Repudiation
CIC enabled solutions capture the ceremony of the transaction in electronic form signature,
transaction data, time and date and irrevocably tie them together in a tamper proof manner.
Conducting customer transactions using electronic signatures reduces the teller's paper load and increases
assurance that the transaction is valid.
"...Our testing of 147 forgery attempts showed that although tellers accepted 33 forgeries, the
eSignature accepted none..."
-- Paul Feldman, Divisional Director Banking & Savings, Nationwide Building