Pune, May 14, 2013: Synechron, a leading provider of technology solutions for the insurance industry announced release of their EAPP-TO-ESIGNATURE solution framework designed around their award-winning ACORD-compliant mobile solution.
The solution framework is designed to facilitate carriers to enable their agents and brokers to submit new business using any mobile device – enabling faster time to process. The framework will also enable the carrier to automate the process of on-boarding new agents and brokers – enabling faster time to market. The ESIGNATURE feature allows carriers to process background checks immediately upon having received the EAPP – within a STP environment. The solution framework is also designed to enable carriers to automate all of their applications across all states – fully supportive of ESIGNATURE capabilities. Built on .NET platform, it supports all lines of business (Life, Annuities, Accident, Travel, Property & Casualty).
Speaking about the achievement, Faisal Husain, Chief Executive Officer at Synechron said, “The EAPP-TO-ESIGNATURE solution framework reinforces our intent to innovate by using latest technology as well as improve and enhance existing processes. This framework will empower insurance businesses with an automated, systematic and mobile solution that will reduce complexities and ensure a high quality user experience, reduction in overall costs and a quicker time-to-market. It will definitely bring a revolutionary change in the Insurance space”.
“Our Insurance domain team has been doing a lot of pioneering work and the EAPP-TO-ESIGNATURE solution framework is a testament of their efforts. The solution framework offers financial, operational and technological benefits leading to top line growth, improved business performance through automation, improved compliance synchronization and maintenance of updated area-wise centralized repository.”, says Ray Shah, Director – Insurance at Synechron.
“This is a major achievement for our Insurance domain practice. It opens up new avenues in the Insurance industry and sets a benchmark in terms of process enhancement and automation that will not only improve performance but also give a better ROI.”, says Duane Blanchette, Managing Director, Synechron.
Synechron, founded in 2001, is globally a 4000+ professionals company, headquartered in New York. It has presence across the US, Canada, UK, The Netherlands, UAE, Japan, Hong Kong, Singapore, and state-of-the-art Development Centers based in Pune, India. Synechron specializes in Banking, Insurance and Financial Technology services and its value proposition lies in its global delivery model, harnessing industry expertise from established markets such as New York, London and Tokyo with complementing technical edge through its development centers in India. For more information visit www.synechron.com.