iSIGN Technology Introduction to the American Insurance Channel

As a part of Conservaco’s marketing and promotional efforts, they have been reaching out to insurance brokers and underwriters to introduce them to iSIGN’s commercial and security technologies. The purpose of this is two-fold – to introduce our technology for possible referral of iSIGN technology to Conservaco’s clients, as well as to determine any potential savings those organizations could get on their insurance premiums with the addition of iSIGN’s SAM technology.

The feedback on SAM has been positive, and has included comments such as:

• Subjective discounts could be applied by an underwriter on a risk-by-risk basis, as the implementation of SAM demonstrates attention being paid to good risk management and good loss-mitigation practices.
• We could see offering some premium relief for a system like this with specific insureds, such as insureds subject to high theft or a mall with lots of tenants to communicate a message to its guests sooner rather later to avoid potential loss.
• Event and concert venues may find SAM useful for risk management as they would need to communicate security alerts to large groups of people, in light of recent events in the news.
• iSIGN would provide a rating of the exposure and apply modifiers based upon our judgement of the potential risks.