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Most insurers assume their electronic policy issuance flow is already “sorted.” But most insurers actually have a failed process for policy issuance. We did a study of the top 20 insurers in India and found 3 critical mistakes that directly impact IRDAI compliance, fraud risk, and operational costs. What most insurers are getting wrong: Policies that Violate IRDAI Rules: Many insurers “sign” policies by uploading signature images or using OTP-based “signature”. These are violations of IRDAI rules, which explicitly require IT Act eSign. Operationally risky eSign: Many insurers give a DSC token to an agent to sign policies on behalf of their authorized signatory. This leads to a lack of control over who is signing the policy - leading to greater fraud risk. Overpaying for DocSigner: Many insurers rely on DocSigner via a vendor that costs ₹50 - ₹80L+ per year. In this 60-minute video, you will see How to issue IRDAI-compliant ePolicies How to eliminate fraud and signing control risks How insurers can cut policy issuance costs significantly How to issue compliant ePolicies using SignStation Timestamps - 00:00 Introduction 5:06 Mistake 1: Non-compliant ePolicy issuance 7:15 Mistake 2: Risking fraud to issue ePolicies 9:43 Mistake 3: Overpaying to issue ePolicies 12:06 SignStation Demo