California-based DST Output and Document Sciences Corporation announced a strategic business alliance to introduce VeraSure, a combined, single-source application service provider (ASP) solution for the p/c, life, and annuity,sectors.
The combined solution automates the creation and multi-channel delivery of regulatory policies, claims, contracts, statements, proposals, quotes and other vital business communications.
“The low cost of entry and ‘pay-as-you-go’ strategy of this ASP solution should be especially attractive to mid-market insurers seeking to improve compliance, speed time to market and enable faster communication through agent and broker channels,” said Jack McGannon, president and CEO of Document Sciences.
“This alliance combines Document Sciences’ advanced solutions for automated creation of targeted, personalized and regulatory communications with our solutions for managing multiple feed input to provide synchronized print and electronic communications delivery according to customer preference,” added Bernie O’Connor, executive vice president for DST Output.
As part of the exclusive alliance, DST Output and Document Sciences Corporation will sell and promote VeraSure to both new and existing customers in the insurance industry. ASP services may be provided to additional clients, prospects or partners outside of the insurance industry on a case-by-case basis.
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