Get the COI tracking, management, and verification you need to protect your business
Have confidence that your vendors have the right coverage.
Get more jobs, increase start times for projects
Faster vendor onboarding and project start times
Automation allows for less time tracking, verifying, and obtaining correct documents
uncover vendors that cancelled policies and never notified you (did you know that was a risk?)
All documents in one place and easily exportable for audits
TrustLayer is an automated insurance compliance platform. Customers use TrustLayer to track insurance compliance of their business partners (i.e., vendors, subcontractors, independent contractors, consultants, other service providers, borrowers, etc…). TrustLayer will collect COI’s, resolve compliance matters, and track renewals. Gain unmatched efficiencies and compliance with every step driven by software with insurance expertise built-in. TrustLayer can also be customized to help you collect and track additional compliance documents such as professional licenses and tax documents.
Any company that tracks compliance of third parties can benefit from TrustLayer. Industry use cases: Construction, property management, equipment leasing/financing, loan servicing, tenant insurance, auto loans, mortgages, etc…
A compliance profile is a requirements template for desired insurance policies, criteria, and limits as well as other compliance types to track and verify. For example, you may require that a certain set of insurance coverage criteria are met and also require valid proof of identification and professional license in good standing.
Vendor verification entails verifying that all the documents provided by a party meet the requirements set forth in the compliance profile and that all the documents have been verified with the relevant producers and governing bodies.
Our plans come in monthly or annual contracts. You can turn off renewals at any time.