F&TRC seeks agreement for online signatures

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F&TRC has initiated a statement of best practice to address the complexity of processes used by providers when collecting online application signatures.

The statement will aim to identify the best processes available from those offered by all online providers. It is hoped this will lead to greater cooperation between insurers in developing future application systems resulting in less confusion across the market for distributors. The consultancy forum distributed a summary of provider processes at its last meeting demonstrating to providers how complex the activity of collecting client signatures had become for distributors. All members agreed they would like to understand from the distributor community what they thought a good proc...

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