APEXA, the cloud-based contract and compliance platform for life insurance advisors, has signed an exclusive agreement with eSignLive.

APEXA is owned by the insurance consulting firm LOGiQ³ and provides advisor screening, contracting, and compliance services. Its clients include Canada Life, Empire Life, Industrial Alliance, Manulife, and Sun Life Financial, as well as managing general agents such as Financial Horizons Group, HUB Financial, IDC Worldsource, and PPI Solutions.

Having previously partnered with the credit reporting agency Equifax and the criminal record screening firm BackCheck, APEXA announced on August 30 that it will use eSignLive to handle online signatures.

“For advisors, APEXA facilitates the storage of all licensing, compliance and renewal information in one place, reducing or eliminating multiple requests for credentials and letting advisors focus on serving the customer rather than on administrative tasks,” explains APEXA CEO Tonya Blackmore. “For carriers and MGAs, APEXA’s addition of eSignLive e-signatures adds efficiency and accuracy to the advisor contracting process, and eases the onboarding of advisors.”

The company says it went through a comparison process to determine which e-signature partner would best meet its needs, and chose eSignLive for its tamper-evident security, auditability, seamless integration, easy user experience, and because its data is stored in Canada.