MSB Makes Insurance Processes More Compliant, Safe & Simple

MSB’s Role in Simplifying Insurance Processes

It is must that you give the best first-time experience to your customers while onboarding. Creating an automated and personalized onboarding experience for them would help you keep things in your favor. MSB Docs is here with a one-stop solution that digitize cumbersome paper-based processes with its end-to-end document management solution. Upon switching to our secure and efficient digital signing solution you may proceed with efficient onboarding and documentation processes of insurance policies and claims, this in turn, reduces the operational and processing cost drastically. With just a click of a mouse you can digitally sign a document and invite other parties to sign, manage the workflow of signing process, track progress and much more.

How MSB Helps in Processing Insurance Instantly

Easy Application Approval Process

The processes of insurance policies and claims requires a lot of paperwork that delays the approval process. In order to mitigate this delay MSB’s smart document solution lets you do all the documentation within the platform digitally.

Application-Approval-Process
 Workflow Automation

Chasing people back and forth for insurance application approvals consumes a lot of time and creates unnecessary hassle. MSB eases out this manual processes by automating the workflow that enables you define signing order, schedule reminders and collect approvals from your desk within minutes!!

Workflow-Automation
Conditional Workflow

Reworking, reinitiating and resubmitting an application is a pain we face very often. With MSB, make amendments on the go, define conditions and workflows based on user action or label and replace reiterations once and for all. This reduces the chance to lose your potential customer.

Conditional-Workflow
Smart Categorization

Managing the customers data according to their specific insurance plan increases the paper clutter if done manually. For easy categorization of documents, MSB offers labeling of documents in an efficient manner.

Smart-Categorization
Document Validation and Tamper Proof Storage

Manual validation of the documents is time-consuming and prone to errors as well. MSB lets you validate the documents for insurance application from within the platform using OCR and once the application is approved, all the related documents are secured in our storage repository that is accessible anytime anywhere

Proof-Storage

We ensure security & compliance!

MSB adheres to and meets the most demanding e-signature laws and guidelines across the globe. All the documents that are signed via MSB are legally enforceable under IT Act 2000 (India), ESIGN Act (USA), eIDAS (EU), FIPS 140-2, SOC2, SOC3. If we talk about the standards of security then MSB holds the highest standards for security such as ISO 27001, EU-US Privacy Shield and SSAE 16. We are also compliant with FDA 21 CFR Part 11, EMA, IT Act 2000 and HIPAA. So, with MSB, you don’t need to worry about the security of your crucial data as our system is full of security features including document validation and authentication control, signer identity verification, tamper-proof seal, and audit trail. So, the time you get partnered with MSB, you may eliminate the likelihood of all your documents being misplaced or being tampered and be ready to monitor transparency at every step of the processes.

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