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Sovereign delivers both automation and enforceability while
maintaining complete compliance with privacy and electronic
signature legislation. Sovereign is flexible to your policies and
architecture and easily integrated.
The insurance industry’s current
policy issuance process is cumbersome, inefficient, prone to
error and replete with unnecessary costs generated by excessive
manual intervention. Typically paper-based or a mixture of
electronic and paper-based process takes between 30 and 60 days to
complete.
Authora Sovereign solutions
solve the problem by converting application submission to a
totally electronic process that eliminates the need for paper
forms and requirements for the creation and manual handling of
files.
- Transformation of the current,
inefficient new business process to a fully automated, real time,
efficient business process
- Positive customer buying
experience
- Reduced cost of operations
- Lower business risk
- Increased sales potential—The
reduced cost of continuing operations can provide a recovery
of installation costs in 3 to 6 months
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