Ontario Budget Announcement Pushes Insurance Brokerages To Go Digital
May 3, 2017 by Sharp Mobile Technology
Calgary, AB —May 3, 2017— The Ontario government recently announced plans requiring insurance companies to give policy holders discounts if they choose to receive their insurance documents electronically. This announcement has the potential to impact the insurance brokerage industry, as client expectations will shift towards digital services in order to benefit from additional discounts. The news may encourage many brokerages to make the digital shift or risk losing business to insurers who already have the capacity to support electronic delivery, immediately.
“We have been preparing for governments to fully support and encourage digital pink slips and e-docs,” said Ken Sedgewick, Director of Sales at Sharp Mobile Technology, adding “It’s been a long time coming for us and we couldn’t be more excited.”
Sharp Mobile was the first company in Canada to build and license digital tools specifically created for brokers. “We built these tools because we saw a growing need for more efficient customer service offerings.” Sedgewick goes on to say, “we’re here to support brokerages’ transition to digital in every way we can.”
The initiative set out by the Ontario Government may be the catalyst that triggers other provinces to follow suit. As digital pink cards are set to be accepted nationally in just a few months, provincial governments may put pressure on insurers to offer a similar incentive for their jurisdictions.
About Sharp Mobile Technology LTD
Created out of the need for technological advancements in the insurance brokerage industry, Sharp Mobile provides digital solutions geared towards the modern brokerage. Inspired by real-life, day-to-day insurance demands, Sharp Mobile created the industry’s first mobile app and online portal that offers clients full access to insurance documents and digital pink cards. The mobile app and online portal also support self-service tools including payment information, claims submittal and policy change requests. Sharp Mobile provides digital solutions for brokerages across Canada and is now working with several other industries to improve their digital offerings.
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For more information contact:
Ken Sedgewick
Director of Sales,
Sharp Mobile Technology
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