While the Internet opened up a new way for customers to quickly and efficiently acquire a policy, a unique challenge emerged. If there is nothing in place to prevent the driver from buying an online policy within hours, insurers could be on the hook for claims that were caused by an accident not covered under the actual policy timeframe.

Keyfactor’s solution was the design and deployment of a public key infrastructure and certificate management system that allowed for each online policy to be time and date stamped based on when the purchaser digitally signed the policy documents. A digital certificate verifying the time and date of the purchase was archived and stored with millions of policies. Keyfactor assisted with authenticating the digital signature, equipped the insurer with a certificate management system to help manage their large volume of certificates, and provided quick reference to satisfy legal non-repudiation requirements of their online policy purchase service.

With Keyfactor Command you have the freedom to grow with confidence. Automate real-time discovery, monitoring, issuing, and replacement of millions of certificates and keys originating inside or outside your organization while blocking untrusted access. Keyfactor Command’s open platform structure means no re-engineering existing applications; a feature no other solution comes close to replicating.

To be future-ready you have to incorporate “cloud first” strategies. Keyfactor Command’s robust DevSecOps tools give you what you need to stay ahead of the curve to transform quickly, efficiently and securely – with cybersecurity industry best practices built in and tailored to your digital banking operations.