Communication Intelligence Corporation (OTCBB: CICI) supplies electronic signature solutions for the financial industry, as well as biometric signature verification technology. The company today announced an alliance with iPipeline, an industry leader in distribution software for insurance and financial services company, in which CIC will provide iPipeline with its electronic signature technology. iPipeline chose CIC as a partner because of the company’s position in financial services and it’s real-time eSignature capture, verification and binding technologies.
“With our focus on full functioning, easily extensible and proven electronic signature technology, CIC is an excellent choice for us because of its successful track record in the financial services sector,” Tim Wallace, CEO of iPipeline stated in the press release. “The cost and time savings realized through straight through processing are significant. CIC’s electronic signature technology provides the final and essential step to easily migrate to a truly paperless environment. Our combined offering provides our customers with a safe, secure and convenient experience.”
CIC’s technology will complement iPipeline’s wizard-based iGO Forms Platform, an intelligent fill-able forms solution for the life insurance product provider’s high-net-worth life insurance customers. The technology delivers accessible product information, rate quotes and application forms, ensuring the validation of completed forms, accurate information transfer and an electronic approval process. For CIC, today’s announcement confirms the necessity of its products, as well as the company’s position in the marketplace.
“When leading insurance companies select and deploy our electronic signature solutions, it validates the confidence in CIC and its products that we strive for,” Guido DiGregorio, CIC’s chairman and CEO stated. “We see a significant trend among carriers towards integrating forms with eSignature. We look forward to continuing our work with iPipeline to support its current and future product and customer needs, the goal of which is to enable straight through processing of electronic forms and the ultimate objective of a truly paperless process.”
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