PDF Trends in Insurance
The Insurance Industry
The insurance industry has seen much upheaval in recent years with new regulations coming into play every six to eight months. PDF technology can ensure the utmost security for your company and customer personal information to counter security breaches, while also allowing collaboration across teams to create contracts that comply with the IDD. Foxit’s powerful PDF technology enables you to plug form data into your database, decreasing the amount of manual work needed to create new accounts or update old ones. Our PDF SDKs allow for a level of automation which makes your workflows seamless and comprehensive.
Collecting customer data
Insurance is known for the use of many different digital forms to process and renew customer contracts. Having consistency and version control is important for this process. Foxit provides you with the platform to build custom form templates, which can be hosted on your intranet so that all departments can create consistent-looking forms, while you manage version control for the whole company.
STORING CUSTOMER DATA
What happens to all your forms once they have been used? Archiving is an important conversation with large volumes of documents that exist, like in insurance. Organising them in an archiving system that understands the need to search and find information quickly in the future is hugely important. Foxit has worked with many large insurance customers to ensure their archiving system is best in industry.
SECURING SENSITIVE INFORMATION
Ensuring that only the right people have access to forms and documents, especially when it relates to personal information according to GDPR, cannot be treated lightly. Foxit has security features used by big players in all industries which makes sure that personal information is not accessible to the wrong people. Adding passwords to documents and disallowing downloads are only two ways to securely share documents.
ENHANCING DOCUMENT INTELLIGENCE
For companies using a lot of forms comes a lot of admin to manually input this information into a database and other forms when necessary. Foxit provides the use of smart forms that can be connected to your database. This means that not only can data be transferred to your database, but you can import data from your database into forms also.
Foxit’s Insurance Customers:
Our Technology Strengths: PDF Forms
PDF Forms have amazing capabilities depending on the needs of your company and customers. They can be used across many different platforms while still rendering correctly, meaning that customers can use a variety of devices to fill in forms. They also are not confined to margins like Microsoft WORD documents are, or require extra data processing, as paper forms do.
Archiving in PDF has become a best practice for companies with large volumes of documents. Not only is it secure but it holds an ISO Standard to ensure maximum document quality and fidelity, today and in the future.
Our PDF technology can link your PDF forms with your database, saving you admin time and tightens up workflow processes. The ability to export and import form data by XML/FDF/XFDF has helped many leading insurance companies.
Foxit’s security features include Right Management and password protection that is a cut above the rest to ensure that your customer information and company documentation is safe from prying eyes.
Our technology in the field
Big Data and PDF in the Insurance Industry
Big data plays an important role in decisions that companies make. And insurance companies are no different. They can increase profits by using the data potential customers provide to them to better provide insurance cover. Find out how here.
The Advantages of PDF Forms Over Others
There are many types of forms that people can create. Discover the advantages of creating PDF forms over paper, HTML and Microsoft Word
Increase in Process Automation
Remote Business with Digital Signatures
Responsive on Android and iOS Devices