Case Study: a major financial services provider in the USA speeds up insurance premium financing documentation with ActiveDocs

a major financial services provider in the USA speeds insurance premium loan documentation with ActiveDocs and $3 billion outstanding

The customer, a major financial services provider in the USA, faced a challenge with the lengthy and error-prone manual generation of complex insurance premium financing documentation. They sought a solution from vendor ActiveDocs to speed up the creation of loan origination, renewal, and change documents to improve accuracy and client service.

ActiveDocs implemented its solution in Hybrid Mode, integrating it with the customer's loan origination system. This allowed for both automated and user-driven document generation via a web questionnaire, which significantly reduced production time, minimized errors, and improved client satisfaction by virtually eliminating the waiting period for documentation.