Which Leading Insurer Streamlines Workflows While Transacting Policies Online?

Banner Life Insurance Company Selects DocuSign eSignature Service to Accelerate ePolicy Program

Today we announced an agreement with Banner Life Insurance Company, a leader in life insurance products. Under the agreement, Banner Life will integrate and deploy DocuSign's eSignature service to accelerate delivery of its ePolicies. As part of the implementation process, Banner Life will use  DocuSign's Web Services Application Programming Interface (API) to facilitate data exchange and update policyholder information between internal systems, while safely and securely transacting business online with policyholders.

We chose DocuSign because it is the market leader and simply the best in eSignature Services. DocuSign is fast, easy to use and flexible. We expect DocuSign to positively impact our business processes while reducing costs. - Eric Lester, vice president of administrative services at Banner Life Insurance Company

Since 1949, Banner Life has provided life insurance products to families across the United States, and holds more than $379 billion of life insurance in force with over $4.8 billion in assets (as of 2008). Located in Maryland, it is among the most financially sound life insurers in the United States with an AM Best ranking of A+ (Superior) and an S&P rating of A+. Banner Life was ranked 11 among all United States companies for new coverage issued in 2008.

DocuSign has seen tremendous momentum among large insurance carriers in adopting electronic signing to enhance placement ratios and reduce cycle time in new business and policyholder services. We are pleased to be working with Banner Life on this project and anticipate Banner will realize significant financial and process benefits soon after deploying DocuSign. - Steve Woodworth, market director of wealth management and insurance at DocuSign

Want to learn how to use DocuSign's Web Services Application Programming Interface? Take a look at DocuSign's eSign Developer Center, where you can download the Software Developer Kit (SDK), access the API, register for your free developer account as well as take advantage of the other resources available. Interested in learning how electronic signature from DocuSign can streamline your workflows, reduce your cycle time to mere minutes and nearly eliminate Not In Good Order (NIGO) rates? Register for the free eSignature webinar, "Insurance: Reducing Cycle Time and Eliminating NIGO with eSign" on Wednesday, March 24th, from 12:30 - 1:30 PST.