TORONTO, ON, DEC. 17, 2020/insPRESS/ – The Superintendent of Insurance coverage for Prince Edward Island has authorised using digital proof of auto insurance coverage, or eSlips. This approval permits drivers within the province the choice to digitally retailer and current their eSlips when required, with out having to hold the paper copy. This modification is efficient instantly. Prince Edward Island (PEI) joins Nova Scotia, Alberta, Ontario, Quebec, Newfoundland and Labrador, Yukon and Northwest Territories in permitting customers the choice of utilizing eSlips.
My Proof of Insurance coverage was launched by CSIO in February 2018 as a contemporary methodology of delivering digital proof of auto insurance coverage and coverage paperwork. Constructed with assist and enter from {industry} stakeholders, the answer permits insurance coverage suppliers to ship coverage paperwork and eSlips to non-public and industrial strains clients via safe e mail. Prospects can simply obtain and look at their paperwork on any system, and eSlips will be saved in a smartphone’s cellular pockets.
Assembly Client Wants for a Digital, Safe Answer
With social distancing measures nonetheless in place, My Proof of Insurance coverage meets the market have to ship insurance coverage paperwork via e mail offering a paperless resolution. Moreover, insurance coverage suppliers will profit from a lowered want for print and postage prices, lowered administrative labor, and a modernization of their enterprise processes to achieve full effectivity.
Prospects who obtain their eSlips via My Proof of Insurance coverage can then retailer, show and share their eSlips of their cellular pockets on their telephones, whereas additionally defending their private information by leveraging bank-grade safety and the native lock display perform on smartphones. Often called Guided Entry, this function permits drivers to lock their display to the cellular pockets when displaying their eSlips to 3rd events. Drivers can simply entry the eSlip from their cellular pockets with out the necessity for an Web connection, downloading an app or separate passwords.
“We’re proud of the regulator’s determination to supply the drivers of Prince Edward Island with the flexibility to decide on digital proof of auto insurance coverage,” says Rodney Munro, Vice President, Operations of AA Munro Insurance coverage. “We’ve had nice success utilizing the My Proof of Insurance coverage resolution with our Nova Scotia clients and we’re happy to have the ability to supply the identical easy and safe expertise to our clients in PEI.”
“We congratulate Prince Edward Island on guaranteeing that their drivers have entry to the identical handy digital possibility as in different provinces,” says Catherine Smola, President and CEO of CSIO. “We’re pleased to see so many insurance coverage suppliers adopting My Proof of Insurance coverage as their most popular selection for electronically sending their clients all of their necessary insurance coverage coverage paperwork.”
The Prince Edward Island bulletin will be discovered right here.
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About Centre for Examine of Insurance coverage Operations (CSIO)
CSIO is Canada’s {industry} affiliation of property and casualty insurers, software program suppliers and over 38,000 brokers. CSIO is dedicated to bettering the buyer’s ease of doing enterprise inside the dealer channel by overseeing the event, implementation and upkeep of expertise requirements and options corresponding to My Proof of Insurance coverage, eDocs, and eSignatures. As well as, CSIO operates the industry-owned mail community service, CSIOnet. CSIO maintains places of work in Toronto and Montreal. For extra info, go to csio.com.
For additional info, please contact:
Sarina Visram, MBA, CIP | Director, Member Relations & Communications
110 Yonge Avenue, Suite 500 | Toronto, ON M5C 1T4
(416) 360-1773 x 2300 | 1 (800) 463-2746 x 2300
[email protected] | www.csio.com
