BOLT Solutions, DocuSign Enter into Partnership
June 09, 2014
BOLT Solutions, Inc., a provider of the leading omni-channel distribution platform to the property and casualty (P&C) insurance industry, and DocuSign , Inc. (DocuSign), The global standard for Digital Transaction Management (DTM), have entered into a partnership to bring digital transaction management to the Bolt platform.
The partnership takes insurance business digital while driving market share and revenue for insurers with better client experience.
Thanks to the pact, DocuSign DTM features are now available to Bolt Platform customers.
Officials with BOLT Solutions said that the integration of DocuSign's DTM functionality into the Bolt Platform supports the companies' mutual goal to enable insurers to provide a fully digital transaction experience for customers and make it easier for consumers to shop for and buy insurance.
“We're delighted to partner with Bolt Solutions to help take the insurance industry 100 percent digital and improve the overall customer experience,” said Neil Hudspith, chief revenue officer, DocuSign, in a statement.
Hudspith said that the combined offering helps insurance agents and brokers digitally transform their operations, becoming more efficient and more competitive.
Company officials said that documents can be digitally prepared, electronically signed, and managed anywhere, at any time and from any device to help insurance agents and brokers finalize agreements faster, reduce costs and delight their customers.
Thanks to the combined Bolt/DocuSign solution, customers like Citizens Property Insurance Company will now be able to eliminate all paper from the insurance buying process, while maintaining a complete audit history for more secure and compliant transactions.
“We're proud to partner with DocuSign as the insurance industry standard for Digital Transaction Management,” said Tim Attia, executive vice president, Bolt.
Attia said that DocuSign shares the company’s vision of providing the best possible customer experience with a better, faster, more convenient and secure transaction experience.
He said that in the insurance industry, time is of the essence so having the ability to cut time and costs is valuable to everyone.
Earlier in May, BOLT Solutions and AssureStart, a Seattle-based startup focused exclusively on serving the insurance needs of small businesses, had announced a partnership to offer AssureStart products on Bolt's commercial insurance platform.
The Bolt/AssureStart partnership advances the companies' mutual goal to deliver quality small business insurance coverage over the Internet, supported by outstanding customer service.
Edited by Maurice Nagle