SIGNiX announced a successful implementation at Raymond James and ten other insurance carriers of their digital signature service with Aplifi's AFFIRM for Annuities platform, creating huge benefits in time savings through the completion of annuity applications online.
CHATTANOOGA, Tenn.—July 26, 2012—SIGNiX, the leading provider of digital signature services for the annuity industry, announced today a successful implementation that integrated SIGNiX’s Digital Signature platform, with Aplifi’s AFFIRM for Annuities for Raymond James and ten insurance carriers. Aplifi is a leading provider of Life & Annuity Order Management, Client Management and Electronic Document Delivery solutions for the financial services and insurance market segments.
Adding eSignature to the annuity order was a natural extension of the process and one that has huge benefits in time savings and completed transactions.
The eSigning ceremony and the overall success of the program was contributed to by ten insurance carriers who helped standardize on the process. These carriers enabled state and product specific forms to incorporate tagging for the signature.
“We are tremendously excited to work with a firm that is as broadly respected as Aplifi for their innovative solutions for facilitating the sales and processing of annuities and life insurance and other financial products critical to the retirement industry,” said SIGNiX CEO Jay Jumper. “Straight through processing is absolutely critical for the efficient distribution of these products, which can play such a critical role in the retirement plans for so many Americans, and we are proud to be a part of Aplifi’s solution.”
“The addition of digital signatures to enable clients to execute annuity applications online is essential to our objective of creating an efficient and totally automated annuity order process. We are excited about the potential for completing paperwork faster which means clients’ funds are invested sooner. We believe this new process will help to enhance the client experience when they are purchasing annuity products,” said Beth Maziad, Vice President, Raymond James Insurance Group. “The integration between SIGNiX and Aplifi provides us with a proven solution using leading technology providers in our industry.”
“We are thrilled with the opportunity to have Raymond James as our first partner to roll out an eSignature process on AFFIRM for Annuities. SIGNiX made the transition and the implementation easy for both of us,” said Dan Smith, President and CEO, Aplifi. “We are looking forward to great things to come rolling out the new functionality to the community.”
SIGNiX, headquartered in Chattanooga, Tenn., offers a patented digital signature technology that supports automated, paperless processes with a solution that is secure, auditable and compliant with the ESIGN Act, UETA and other relevant U.S. and international laws and regulations. Users can be immediately authenticated online so that documents requiring a signature can be legally executed electronically without the costs, risks, delays or resources of paper processing. This helps increase the speed, accuracy and security of document execution relative to traditional paper and ink-based signatures with no hardware installation or software download required. For more information, visithttp://www.signix.com, email sales(at)signix(dot)com, call 877-890-5350 ext. 1073 or visit SIGNiX on Facebook.
Aplifi (http://www.Aplifi.com), based in Pompano Beach, Florida, is a leading technology provider that focuses on the life insurance and financial services markets. Aplifi offers solutions that facilitate more insurance transactions that are compliant and “In Good Order,” driving increased business. Its suite of flexible and easy to use platforms include AFFIRM for Life, AFFIRM for Annuity, InsureSocket CRM, I-Relay CRM, and PolicyBox. “We Simplify Selling Insurance!”
AFFIRM for Annuities, a robust annuity order entry platform is designed to dramatically enhance the end user’s experience over current eApplication platforms. Its unique flexible and easy to use design can accommodate virtually any workflow and any variation of products manufactured by the carrier. AFFIRM supports the internal compliance of financial organizations while increasing in good order rates and overall field adoption through an easy to use interface.
Aplifi and AFFIRM for Annuities, AFFIIRM for Life, InsureSocket, I-Relay and PolicyBox are registered trademarks of Aplifi, Inc.