GB Life Luxembourg offers to the signatory the possibility to sign electronically the insurance contractual documents in compliance with the European regulation eIDAS (“eIDAS Regulation”).
In order to provide to the signatory a reliable electronic signature, GB Life Luxembourg uses an Advanced Electronic Signatures process (AES), as defined by the eIDAS Regulation, to perform the execution of the documentation.
The technical solution implemented is provided by Namirial GmbH, a Qualified Trust Service Provider.
The AES allows unique identification and authentication of the signatory of a document.
GB Life Luxembourg makes use of the identification by mobile phone number and one-time-password. The signatory will have access to the documents to be signed via an e-mail sent by GB Life Luxembourg including a link to the signing platform and a digital certificate. The combination of the mobile phone number, one-time password and of the email address links the signature to the signatory and to the electronic document.
During the AES process, the signatory’s certificate is cryptographically bound to the document and the encryption is also used as a tamper-evident seal. Furthermore, the signatory has an exclusive control over the signature’s production system by verifying the data during the whole AES process (name, e-mail address, content of the document, datetime stamp of the signature).
During the validation process, the reciprocal public key is extracted from the signature and used to both authenticate the signature’s identity and confirm that no changes were made to the document since it was signed.
The documents signed with the AES process complying with the eIDAS Regulation are binding the signatory in the same manner as documents signed by handwritten signature.
The AES process allows the signatory to obtain evidence of the documentation by downloading the signed documents and control that the document did not suffer modifications.