April 26, 2016 by Canadian Underwriter
The Centre for Study of Insurance Operations (CSIO) announced on Tuesday that it has released its new eSignatures Savings Calculator tool, which supports members in determining the return on investment (ROI) of adopting an eSignatures solution.
The calculator estimates the monthly and yearly cost savings members can expect to realize through paperless workflow, CSIO noted in a press release, adding that the development of the resource is a direct result of the CSIO member survey conducted last fall. For that survey, several members requested additional ROI tools to complement the eDocs and eDelivery savings calculators.
“We are excited to release this new eSignatures savings calculator,” said Catherine Smola, president & CEO of CSIO, in the release. “We appreciate that our members invested their time in the member survey, and this announcement demonstrates our commitment to addressing their feedback head-on. Members can expect more such developments to come in 2016.”
Accompanying the calculator is a re-design of the eSignatures Vendor Dashboard, also identified as a priority in the survey. The new design is streamlined and mobile-responsive, improving readability and the user experience, CSIO said. This update also adds an eleventh vendor, providing members with even more choice when researching solutions that meet their needs.
eSignatures – or electronic signatures – enable customers to sign documents electronically on computers and mobile devices in a single step, notes information on the CSIO’s website. “The resulting transactions are fast, secure, verifiable and paperless, improving customer service while reducing costs for brokers.”