Old Republic Risk Management is pleased to announce the implementation of DocuSign® – an electronic signing application for our program renewal documents including contract agreements, contract agreement schedules, and regulatory notifications including Terrorism Notices, Accident Prevention Services Notices and various Workers Compensation notices.
An Electronic Document Delivery Agreement (EDA) is required to take advantage of this process. Many of our insureds already have an EDA in place following the implementation of our simpliFORRMSM Auto Coverage Election Process.
Following the binding of the program, the insured and the broker will receive separate DocuSign envelopes: one or more envelopes will contain the contract agreement and contract agreement schedules by the type of agreement such as Program Agreement or Reinsurance Agreement; the other envelope will contain the Signature Packet for the regulatory notifications.
The documents are sent simultaneously to both the broker and the Insured. The broker will be able to view the documents, and the Insured will be able to view and electronically sign the documents. The Insured will simply follow the prompts within DocuSign to review and electronically sign the documents.
Once all documents are signed, the signing experience is complete. The DocuSign application will then provide the broker, the Insured and Old Republic with fully executed copies of the contract agreement and schedules.
We anticipate DocuSign will provide favorable efficiency throughout the contract signing process. For more information on this process, please contact your account Old Republic Account Executive.
Margaret Barlow is Vice President, Account Management Director at Old Republic Risk Management. She leads a team comprised of dedicated insurance professionals who focus on delivering best in class customer service. In addition, they are responsible for leading the renewal transaction and serve as the primary service relationship between our external customers, insureds, Broker Partners, TPAs and Captive Managers. She is based out of our corporate office in Brookfield, WI.