Agencies and carriers consistently rank password management as their No. 1 pain point in daily operations.
- Passwords are a security nightmare.
- Up to 75% of help-desk calls are from employees who forgot or need to reset a password.
- Password resets can cost up to $150 per incident in labor due to lost productivity.
Industry Coalition to the Rescue
ID Federation is a nonprofit group comprised of insurance carriers, solution providers, industry associations and agencies. Leveraging expertise in law, technology and business, they developed SignOn Once, a Trust Framework. This is a technologically sound, secure and standards-based approach to eliminate the proliferation of IDs, passwords and MFA requests for conducting insurance transactions.
What Is SignOn Once?
SignOn Once is a technologically sound, but easy and secure means of eliminating the proliferation of IDs and passwords necessary to do business in the insurance industry. It:
- Is compliant for the entire independent agency service chain.
- Meets standard specifications to accommodate implementation differences among carriers, solution providers and other business partners.
- Accommodates the technical and legal perspectives of every industry group.
SignOn Once by ID Federation is the only solution that enables one identity to replace multiple IDs and passwords for insurance system users.