Personal Lines Carriers Should Review E-Signature Special Report before Implementing

February 21, 2008

A special report by Silanis Technology reviews recent developments and research on electronic signatures in personal lines insurance, with an examination of the growing pressure to implement and how carriers can prepare themselves.

MONTREAL, QC, February 22, 2008 - Leading e-signature provider Silanis Technology today announced the release of a special report for the fastest-growing e-signature adoption segment, personal lines insurance, entitled "Why personal lines carriers need to adopt e-signatures now." As personal lines insurance carriers confront a soft market, fierce competition, changing demographics and the need for cross-channel integration, there is a growing realization by insurers and analysts alike that e-signatures are essential in remaining competitive. The new report addresses these issues, and in addition to offering compelling reasons to adopt this growing technology, provides dramatic statistics on online customer drop-off, online auto insurance applications and technology priorities for insurance. The study's complete solution overview and requirements checklist will aid carriers in selecting the right solution and ensuring an auditable, compliant and easy-to-use e-signature process, while building sufficient legal evidence. With several leading insurance carriers as clients, including three of the top 10 P&C insurers, Silanis is the de facto e-signature standard in insurance. Its solutions are in use in point-of-sale, call center and Web channels.

About Silanis
Founded in 1992, Silanis Technology Inc. is the largest and most experienced provider of electronic signature solutions. More than 1,400 government and commercial organizations, representing two million users, depend on Silanis' solutions to accelerate operations, improve service and reduce costs.

The company's solutions not only eliminate the inefficiencies of paper; they provide reliable and auditable business records needed to demonstrate compliance with applicable laws, standards, regulations and policies.