Business Chief Europe Magazine June 2016 | Page 53

FIN-TECH
Paul Trail Director Of Sales
insurance provider , reintroducing us as the provider of the financed instalment facility A link will take them to our secure customer interface , and through that they will be able to sign their documentation and complete the insurance finance application process .” The online completion service is expected to save up to 80 percent on the cost associated with sending documentation by post and administrating it on it ’ s return , while speeding up the process of completion of finance arrangement which benefits both the customer and the insurance provider and is already being widely acclaimed in trials by the brokers . As Sue Kitson , Best Business Practice Manager at the leading insurance broker Griffiths & Armour has commented : “ We have been trialling the new online document signature service with great results . Submitting documentation online and having the customer review , sign and submit direct to Close Brothers Premium Finance has saved us time and money , and the industry needs more such services . The system is quick and easy to use and it ’ s freed up our staff to spend more time with our customers .”
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