Toronto, ON (Feb. 4, 2015) – Keal Technology, a leader in broker innovation, together with Xenex’s SignatureMaster©, Canada’s only eSignature solution offering fail-safe authenticity verification, have announced a joint endeavor to make an eSignature solution available to Keal Technology’s brokers.
By integrating the Keal Solution with the Xenex SignatureMaster© product, Keal brokers will be able to securely send documents for signature to their insured and have them returned electronically via a web-based browser.
While this technology is not new, it has yet to be fully integrated and adopted by most insurance brokers in Canada.
This integration is a step toward making electronic solutions available to brokers for the benefit of their clients. “This is another integration which enhances Keal’s streamlined process of doing business” said Bill Redford, Director of Development of Keal Technology. “It gives brokers the ease of doing business with electronic signatures while making it easier to gain and keep the tech-savvy insured. The easier we make it for Keal brokers to complete their business with the insured, the more the insured will be a satisfied long-term client of our brokers.”
IQ Insurance Services is a BC-based forward thinking brokerage using Keal’s Solutions and SignatureMaster©. Their focus is online customers and service at their fingertips: “When we created IQ Insurance Services, our goal was to create a world class customer experience that leveraged technology to make buying insurance easy. We wanted the customer to be the star of the show with technology enabling our team to process insurance in the electronic world we live in,” said Andrew Beaumont, Vice President of Operations at IQ Insurance Services.
“We were thrilled to find Xenex and deploy their eSignature product as it met our criteria to operate in the electronic world with minimal risk. Xenex is helping our business grow and changing the way customers buy insurance while providing the brokerage the protection of a robust security platform. IQ Insurance Services is looking forward to the continued benefits that will come when Keal and Xenex integrate eSignatures into SIG and further enhance the broker experience.”
Lorice Haig, of Xenex Enterprises Inc., says, “SignatureMaster is a 100% Canadian electronic signature solution. It is the only pure eSignature solution vetted by the Canadian Surety Industry to meet and exceed their stringent security requirements. It is designed to interface or be integrated with existing business management systems. It is technology platform agnostic and supports all PDF readers (Adobe and other 3rd party vendors). SignatureMaster© executed documents are guaranteed verifiable for the life of the document.”
He continues, “We are delighted to partner with Keal, a leading partner in the Canadian Broker Management Systems market, to integrate our electronic signature and document verification solution with their insurance business process flow solution SIG. Together Keal and Xenex deliver an end-to-end paperless insurance business flow enabling SIG users and their clients to leverage technology to make buying insurance a friendly point and click experience.”
SignatureMaster© was evaluated by The Centre of Study for Insurance Operations (CSIO) and met all 10 qualifications as evidenced by CSIO.
Keal Technology expects that this integration will be in the testing phase by the end of the first quarter of 2015.
About Keal
Keal Technology is the expert in Canadian broker innovation and a leader in the BMS (Broker Management Systems) and CMS (Commercial Management Systems) marketplace for insurance and financial services brokers. They offer an integrated suite of products designed to increase revenue through efficient use of technology. For more information, visit www.keal.com.
About Xenex Enterprises Inc.
Founded in 1983, Xenex designs, develops and hosts enterprise class software solutions to unleash unique business value propositions and substantially enhance competitiveness and profitability. Serving clients across a wide variety of industries, Xenex’s line of products are both robust and platform independent. Xenex provides the only Canadian pure electronic signing and sealing solution that meets the stringent requirements of both the insurance and surety industries. For more information, visit www.xenex.ca.
SOURCE: Keal Technology
