Independent insurance agencies will reduce login and password issues and connect securely to carrier partners through a leading agency management system, following the certification of Vertafore Inc. to use the SignOn Once trusted framework.
Developed by ID Federation Inc., a broad, nonprofit coalition of partners from throughout the insurance industry, SignOn Once is an initiative to enable multiple business partners to connect with a single, secure sign-on process, which is commonly called a "federated" handshake or transaction. SignOn Once is a process, not a product.
SignOn Once offers agents and insurance companies a fast and secure way to connect electronically, improve agents' access to insurance products and services, and reduce transaction costs. Agents and carriers consistently rank password management as their number-one pain point in daily operations.
"This is a breakthrough moment for the independent agency system," said Steve Aronson, president of Aronson Insurance and an ID Federation director. "It is common for small and midsize agency employees to have to remember dozens of user IDs and passwords for business partners. From a technology administration standpoint, that translates into hundreds of access credentials -- for each employee -- which is time-consuming and resource-intensive. SignOn Once eliminates all that by providing a reliable and secure platform for identity management in trusted transactions with many different insurance partners."
Further, Mr. Aronson said, "ID Federation is excited to name Vertafore as the first agency management system certified to offer SignOn Once, and we look forward to certifying additional partners soon."
"Vertafore is psyched about bringing SignOn Once to our portfolio of insurance industry technology tools," said Bruce Winterburn, Vertafore's vice president, industry relations. "This is a game-changer for both insurance agencies as well as carriers. It makes trusted transactions easier and faster, and ultimately it enhances the insurance industry's ability to serve customers' needs."