The shift of the boardroom setup from physical in the pre-pandemic to remote in the pandemic has accelerated the trends in digital transformation of the board. The primary focus now of the boardroom directs toward data security, remote collaboration, and seamless meetings. Companies and organisations have switched to platforms and tools that enhance their virtual meeting experience and simplify their tasks — one of which is signing documents.

The fast-paced digital transformation is challenging financial companies of today. As the world continues to battle a pandemic, customers are opting to avail online services straight from their mobile devices, while most workplaces have transformed into a hybrid arrangement.

Pandemic or not, insurance companies aim to securely and efficiently provide financial assurance to the population. To further support this goal, the insurance market has adopted hybrid workplace setup but is now facing challenges in selecting a digital solution that ensures high-level security, increases efficiency, and facilitates governance practices.