eSignature Legality for Insurance Industry in European Union

How to eSign a document: eSignature legality for Insurance Industry in European Union

hello everybody we are excited to announce an important update to our e signature functionality for the European market you can now obtain qualified electronic signatures or qes for short through taxstone qes are legally binding e signatures that meet the latest European Union regulations for electronic identification authentication and Trust Services also known as Idis this is the most secure type of e signature for EU firms because it involves having the signer's identity verified by a qualified third party so let's explore how this works to enable qes as an option go to your firm settings tab when toggled on you'll see a list of qes providers the EU countries they cover and the amount they cost per signature all providers are selected by default to deselect the ones that don't meet your requirements simply click on the check box now let's discuss how to enable qes when requesting an e signature notice the qes toggle is now visible toggle it on and then specify the signers for qes you'll also need to arrange the signers in the order you want the document to be signed once the signature request is sent the first signer will receive a notification that the document is ready for their signature after they've signed it the next person will be notified and so on when qes is enabled your clients will have an additional verification step during the E signature process where they will verify their identity through the provider you enabled there are plenty of situations where qes can be used and each country in the EU has its own unique use cases thanks to this new feature you can now manage and gather legally compliant e signatures in tax without having to jump to another platform or tool and this makes life a lot easier for both you and for your clients it's also cost effective with most qes methods costing as little as €3 EUR per signature which is significantly less than most competitors charge there's no need to pay for packages upfront to cover your qes needs you can gather signatures flexibly on a pay as you go basis if you're a firm that operates in the EU our new qes feature allows you to get the most secure trustworthy and legally compliant e signatures possible we're looking forward to you giving it a try if you have any questions about how it works please don't hesitate to reach out to our support team