DCW Monthly: October Insights
We’re pleased to share the newest edition of DCW’s premium monthly content. This month’s highlights include: * Two
Due to its efficiency, convenience, and absence of any geographical restrictions, the electronic insurance policy has become wildly prevalent around the globe.
The rapid development of electronic international business to some degree expedited the process of paper documents transformed into electronic documents. Today, electronic platforms have become more and more common between corporates and trade service providers. Many corporates and service providers such as those in the shipping, forwarding, insurance industries and chambers of commerce can create their documents from online electronic platforms. The electronic insurance policy is one of them. The electronic insurance policy is an electronic version of an insurance document issued by an insurance company through its digital signature software and digital certification system. An insurance applicant can input their information and sign an insurance contract on their own terminal and, once the application has been approved by the insurance company, the applicant may send, store, or print the insurance document without stepping into an insurance company’s office. Due to its efficiency, convenience, and absence of any geographical restrictions, the electronic insurance policy has become wildly prevalent around the globe.
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