If you want to know why insurance companies need electronic signatures and document management, you must first look at the regulatory landscape impacting the modern insurance industry climate.
In the past 10 years, this climate has changed considerably, and now most insurance companies are struggling to do one of two things to handle these changes:
- Make internal policies to comply with these changes without sacrificing profitability, and;
- Find creative ways to outpace competitors looking for the same solutions to these problems.
Neither is an easy feat.
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