BYN Services, Inc., and MARKETech, Inc., have announced a strategic alliance in which BYN will serve as the exclusive distributor of MARKETech's products in the direct market and third-party distribution channels. MARKETech's FillableForms and CursiveOnLine technologies will be included in BYN's suite of products and services.
FillableForms is a Web-based technology that allows the collection of life and long-term care insurance application data, the processing application of business rules to that data, and then the creation of both a data output and a compliant PDF application packet. This sales tool can be used in Web portals, direct and virtual sales models, financial institutions, and traditional face-to-face sales meetings. Additionally, data porting from the MARKETech tools can be done in an XML or ACORD XML format in real time.
CursiveOnLine allows for the online collection of legal, encrypted, and authenticated (cursive) signatures, using either a mouse, stylus, or touch-pad. COL is compliant with e-Signature 2000, HIPAA, GLB, and U.S. Patriot Act and now is in use in insurance, banking, automobile lending, and healthcare.
"BYN offers MARKETech a significant depth and breadth of reach in the life insurance vertical, especially among direct writers and call center operations as well as with large agent-driven distribution outlets," says Thomas Lane, CEO of MARKETech.
"We have been following MARKETech's progress for several years and believe we will build a strong alliance and partnership," says Jean L. Skahan, chief marketing officer for BYN.
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