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INFO                                CASE STUDY




Maalot – Unmanned Online Insurance Kiosk Signed
and valid mortgage insurance policies using
xyzmo’s signature solutions


                                 Highlights

Client:                         Maalot Mortgage Insurance

Product:                        xyzmo SDK

Number of signature stations:   several hundred kiosks

Number of end users:            over 10,000 new users a month




                                 The Enterprise

Maalot Mortgage Insurance       Following an Israeli government reform that commanded banks to
                                separate between the mortgage and its insurance, mortgage banks
                                are no longer allowed to bind their customers to their own insurance
                                policies.

                                Maalot Insurance took advantage of this reform and has placed its
                                insurance kiosks at the mortgage bank branches, allowing customers
                                that have just singed their new mortgage agreement, to get an in-
                                surance quote for an impartial company.




                                 Challenge


                                This revolutionary approach of placing an unmanned kiosk for insu-
                                rance policies, presents a unique and progressive way for customer
                                service. Maalot Insurance was not required to conduct any organi-
                                zational changes due to this project, but placing these kiosks.

                                The main challenge was finding a way to obtain customer sig-
                                natures for the sake of producing a valid insurance policy. For that
                                matter, Maalot decided to embed a signature tablet in the kiosk
                                and to use the xyzmo signature solution.
Solution


Constituting a breakthrough for the mortgage insurance market,
the solution enables Maalot customers to apply for their mortgage
insurance within the same branch they have just signed on their
new mortgage agreement. Each customer interested in an insu-
rance quote can approach the kiosk and by picking up the phone,
speak to an insurance representative.

By filling up his personal details and signing on the xyzmo signa-
ture pad, an online insurance policy is produced and sent to the
customer’s address.




    Benefits


•     Immediate ROI – derived for such an unmanned kiosk

•     Better access to customers in need for mortgage insurance

•     Creation of an online customer database

•     No changes in working habits of the insurance agents

•     Advanced and modern company image




                                                        Version: April 2008


                                                      xyzmo Software GmbH
                                    Haiderstraße 23, 4052 Ansfelden, Austria
                            phone +43 7229 88060-0, fax +43 7229 88060-720
                                      office@xyzmo.com www.xyzmo.com

                                            © All rights reserved. 2008 xyzmo

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xyzmo@Maalot

  • 1. INFO CASE STUDY Maalot – Unmanned Online Insurance Kiosk Signed and valid mortgage insurance policies using xyzmo’s signature solutions Highlights Client: Maalot Mortgage Insurance Product: xyzmo SDK Number of signature stations: several hundred kiosks Number of end users: over 10,000 new users a month The Enterprise Maalot Mortgage Insurance Following an Israeli government reform that commanded banks to separate between the mortgage and its insurance, mortgage banks are no longer allowed to bind their customers to their own insurance policies. Maalot Insurance took advantage of this reform and has placed its insurance kiosks at the mortgage bank branches, allowing customers that have just singed their new mortgage agreement, to get an in- surance quote for an impartial company. Challenge This revolutionary approach of placing an unmanned kiosk for insu- rance policies, presents a unique and progressive way for customer service. Maalot Insurance was not required to conduct any organi- zational changes due to this project, but placing these kiosks. The main challenge was finding a way to obtain customer sig- natures for the sake of producing a valid insurance policy. For that matter, Maalot decided to embed a signature tablet in the kiosk and to use the xyzmo signature solution.
  • 2. Solution Constituting a breakthrough for the mortgage insurance market, the solution enables Maalot customers to apply for their mortgage insurance within the same branch they have just signed on their new mortgage agreement. Each customer interested in an insu- rance quote can approach the kiosk and by picking up the phone, speak to an insurance representative. By filling up his personal details and signing on the xyzmo signa- ture pad, an online insurance policy is produced and sent to the customer’s address. Benefits • Immediate ROI – derived for such an unmanned kiosk • Better access to customers in need for mortgage insurance • Creation of an online customer database • No changes in working habits of the insurance agents • Advanced and modern company image Version: April 2008 xyzmo Software GmbH Haiderstraße 23, 4052 Ansfelden, Austria phone +43 7229 88060-0, fax +43 7229 88060-720 office@xyzmo.com www.xyzmo.com © All rights reserved. 2008 xyzmo