ACORD LOMA to Feature How Electronic Signatures Keep Insurance Companies Out of Court
Montreal, QC, May 2, 2013 – To instruct insurance organizations how to handle legal disputes involving e-signatures, Silanis, the leader in enterprise electronic signature solutions with more than 600 million documents processed annually, will present with legal firm Shutts and Bowen LLP at the upcoming 2013 ACORD LOMA Forum in Las Vegas May 7 at 1:00 pm. Based on tried and true best practices, attendees will learn from speakers who have supported some of the industry’s largest property and casualty companies. In an industry plagued by costly court cases, electronic signatures and transactions provide an opportunity to ensure and demonstrate compliance with industry, state and federal laws and regulations. Yet, meeting the basic regulatory and legal guidelines are not enough to reduce risk and ultimately stay out of court. In this presentation entitled, “Keeping Out of Court with E-Signatures,” Michael Laurie, vice president of product strategy with Silanis and Frank Zacherl, partner with Shutts and Bowen LLP and legal counsel to a top online auto insurer, will show attendees:
- What constitutes admissible and persuasive electronic evidence and how to collect it;
- How to avoid legal disputes in the first place;
- How to prepare for legal disputes if unavoidable;
- How e-signatures have fared in court and lessons learned.
In addition, Frank will share his experience representing a top online auto insurance carrier and will outline how to present e-transaction evidence to third parties and the court during a legal dispute. Frank will also share how the electronic process has changed the way companies can respond to disputes, including the pre-suit protocol that can help avoid costly litigation. With over 20 years shaping the electronic signature industry, Michael will share best practices for processes and records compliance from a technology standpoint, explaining how to ensure adequate evidence is captured, security is assured and the chain of custody is controlled throughout the transaction and lifecycle of the e-record. To further help carriers and agents under the legal requirements for e-signatures, Silanis produced its latest infographic explaining how ACORD Guidelines apply in the straight-through processing of ACORD Forms and Documents.
Silanis is the most widely used e-signature solution in the world, responsible for processing more than 600 million documents annually. Founded in 1992, Silanis’ solutions e-Sign Enterprise and e-SignLive enable thousands of organizations, including four of the top 10 North American banks, eight of the top 15 insurance companies and the entire US Army to accelerate business transactions, improve customer experience and reduce costs while improving compliance with legal and regulatory requirements. Silanis provides the most flexible deployment options with its on-premise, cloud and SaaS e-signature solutions, eliminating manual, paper-based processing and enabling e-commerce and e-government transactions to be electronically executed from start to finish.