Digital Insurance Agenda

Signaturit: sign contracts easier using the eSignature solution with security and legal validity

Written by Roger Peverelli and Reggy de Feniks - Founders The DIA Community on Oct 28, 2019

Barcelona-based Signaturit is a trust service provider that offers innovative solutions in the field of electronic signatures (eSignatures), certified registered delivery (eDelivery) and electronic identification (eID). All of them are in accordance with Regulation (EU) No. 910/2014, known as eIDAS as well as with the US laws E-SIGN and UETA Acts.

The top 1 cloud-based company providing electronic signatures and other qualified Trust Services in Europe, that aim to give speed and security to any kind of digital transaction. Signaturit enables insurance companies to securely automate document management workflows and get policies signed intuitively.

Signaturit’s suite of cloud-based tools includes electronic signatures, electronic registered delivery, electronic identification and qualified electronic time stamp, which comply with the highest legal and security standards while providing flexibility, easy deployment and mobile access.

 

Signaturit is trusted by thousands of companies in more than 40 countries. Its clients include major multinationals and market leaders such as Volkswagen, EY, Gartner, Admiral Insurance, AXA, Acciona, Banco Sabadell, DAS Insurance, Cuatrecasas, Decathlon, Volotea and Damm, as well as hundreds of small and medium-sized enterprises.

Smart Contracts
They have been working on a project to develop Smart Contracts​, so that all types of businesses can harness the potential of blockchain through the use of self-enforceable contracts. Signaturit’s Smart Contracts automate and facilitate the payment of policies, sending notices and contract renewals while offering traceability of all actions taken since the contract enters into force to completion.

 

Key-benefits
Increase digital sales​, accelerate the sales cycle and grow revenue with a digital experience on main channels. No more hassles in the contract signing processes. Reduce operational costs​, cut down paper costs and boost productivity by streamlining the document processes and integrating e-Signatures into workflows. The legal and regulatory compliance of all electronic transactions made through Signaturit is guaranteed, since all of their services comply with the law governing trust services in the EU, eIDAS Regulation.

How it works
They eliminate paper-based workflows with an easy to use and legally binding e-signature solution. This helps companies to become fully digital while being able to save resources.
The electronic signature solution can be integrated into any software, so any company can have access to their technology.

Why we selected Signaturit for DIA Munich
Organizations use Signaturit to improve customer experience, increase productivity and reduce errors and costs by automating workflows and enforcing business rules throughout. Implementing best of breed solutions like Signaturit is a foundational first step toward an end-to-end digitalization environment because it improves operational efficiency and transparency while improving the customer experience.

Check out their live demo here:
https://www.digitalinsuranceagenda.com/dia-tv/video/the-first-smart-contract-for-insurances-based-on-blockchain-technology/​

Who is Signaturit?
Founded in 2013, in Barcelona by Juan Zamora, CEO and Javier Martinez, CTO. 
They wanted to bring trust in the digital environment and enable people to work in a more effective way, no matter where they are. Within a year they launched the most intuitive eSignature solution to the market, signed their first contracts and closed their first strategic partnerships. 

The successful startup has just raised €7 million in a Series A round from 360 Capital, along with Bonsai Partners, Banco Sabadell, Faraday Venture Partners, Nero Ventures, and Bbooster Ventures. The round brings the total invested in Signaturit to over €10 million to date.
With the newly available resources they plan to double their volume of business and their current workforce of 60 professionals by year- end, and to become the leading provider in their sector in Europe in the coming years.

 

Javier Martinez, C0-Founder and CTO           Juan Zamora, Co-Founder and CEO

https://www.signaturit.com

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