Industry Solutions

Insurance and Wealth Management

Insurance and wealth management companies are notoriously paper-intensive. Firms must deal with mountains of paper in the shape of contracts, policies, applications, claims forms, faxes, client profiles and more. These piles of paper represent an sizable opportunity for clutter; and where there is disorder, there are hidden costs, and heightened chance of mistakes, and a greater likelihood of disappointed customers. Pratices must have quick and complete access to information in order to meet the needs of a diverse clientele and maintain or exceed customer expectations.

Insurance and wealth management firms must also minimize potential risk and loss associated with litigation and compliance. Recent regulations such as HIPAA, the Patriot Act, Graham-Leach-Bliley, and SEC 17a-3 and 17a-4 have imposed new requirements and controls over the access, storage, and retention of confidential documents and information.

Docuvation provides immediate access to customer information. This allows any employee the ability to provide quick and accurate information to its customers about loans, statements, or other products without the need to perform time-consuming information research. Information can then be easily provided to the customer via email or fax.

Several Types of Documents You Can Manage using Docuvation:

• Contracts
• Claim Forms
• Client Account Transfers
• Fact Finders
• Insurance Quote
• Insurance Application
• Insurance Contract
• New Account Opening Forms
• Policyholder Agreement
• Wire Transfers