TrustLayer Blog

The partnership integrates TrustLayer’s industry-leading insurance verification and Tarmika’s embedded insurance solution, Tunnel, to modernize the insurance verification process by providing a digital marketplace for additional coverage when a business discovers they lack sufficient insurance.

The partnership integrates TrustLayer’s industry-leading insurance verification and Tarmika’s embedded insurance solution, Tunnel, to modernize the insurance verification process by providing a digital marketplace for additional coverage when a business discovers they lack sufficient insurance.

the sheer volume and manual management of COIs impacted the ability to scale business and offer clients a more efficient solution to a necessary task. In some cases it could take a business years to realize there’s even a problem to be addressed. Others implement a process or change before there’s a problem.

Something that worked 10 years ago when you were a 20 person team, or a 2 job operation, may not have aged well with your continued growth and expansion. Having to take on more responsibilities and inevitably, more risks, makes you realize that things need to change.

A digital tool can be used to automate and streamline your data collection process. With the right solution in place, organizations can shift to a more streamlined approach that can free up their time to make more strategic decisions moving forward.

There’s a major disconnect between legacy industry infrastructure and process and what consumers expect today. Creating an easy-to-use platform is a must for insurtechs in 2022 and beyond.

There’s a cost to hiring cheap vendors and suppliers. You may actually be putting your business and yourself at great personal and financial risk by choosing uninsured or under insured contractors for your job.

While organizations, business leaders and even government departments have initiated training and upskilling programs across the country in an effort to increase the skilled labor pool, there’s no quick fix for a generational worker shortage.

Construction teams deal with risk on a daily basis and pay high insurance premiums. However, these high premiums can be reduced if construction teams employ systems that make working safer.

Construction teams deal with risk on a daily basis and pay high insurance premiums. However, these high premiums can be reduced if construction teams employ systems that make working safer.

We partnered with Ryvit, an integration network for construction technology, to integrate with Viewpoint® VistaTM through Ryvit’s iPaaS – allowing TrustLayer’s construction users to sync subcontractor compliance data.

Here are some insights into the severity of the issue and best practices for staying on top of COIs.

Read about how integrated software can help construction teams close the communication gap between office and on-site staff.

As we reflect on the tremendous value women create, we’re would like to spotlight some intriguing profiles of our women leaders for being agents of change and using their voices to #breakthebias.

There is no overarching framework for managing third-party risks and insurance verification. This is why we combined a few tips on how to design a successful framework using User-Centric Communication.

Our CRO Jason Reichl joined the Insurtech Insider podcast, where they covered the reasons behind the massive data explosion, the blockers it currently faces, and they tried to predict what we might see in the future!

The number of construction defect lawsuits is on the rise. You can’t fully rely on your CGL insurance policy to be fully protected. Here are 5 CGL policy exclusions that you should be aware of.

The inability to easily subrogate a claim can cost insurance companies time and money. Explore how digital COI tracking can keep all the data you need easily accessible and ready for any new claim that arises.

How one of America’s largest insurance brokerage firms brings a new tech-forward solution to enable clients to better manage the administrative burden associated with proof of insurance verification.

Our Head of Sales Sharon Fox joined our partners at Kraus-Anderson Insurance, where they talked about how to improve third-party risk management and contractual risk transfer.

New technologies for risk management in the construction industry should accomplish two primary goals: better connect all parties and decrease manual labor for the review process.

Together, TrustLayer and Aclaimant are making it easier than ever for risk managers to perform their jobs more efficiently and effectively. This promises to be an exciting step for both companies as we create a modern risk management ecosystem.

We eliminate unnecessary back-and-forth on COI reviews. We automate the COI review process. We help reduce client claims.

Most brokers and insurance carriers hope their insureds verify COIs annually, but don’t have a formal process that guarantees it. Explore the 4 key challenges to the current COI verification process.

What actually goes on behind the scenes to put on the biggest spectacle on the planet? The number of parties involved is enormous. How do you make sure they’re properly covered?

How Assurex Global is helping their independent agents and brokers worldwide to better serve clients through automating the management of COIs…

What will keep you protected in case of an accident? “Additional Insured” or “Loss Payee” endorsement? Learn how they can be useful in your risk-transfer strategy and when to request them from third parties.

Our CEO John Fohr joined Ryan Hanley, where they talked about eliminating zero-value processes, how brokers adapt to new “added value” thinking, and how to…

Choosing an insurance provider goes beyond finding one that offers the best rates and coverage. You want a stable, financially secure insurer that you…

Are you asking too much of your vendors? No, not the quality of their work, but the insurance limits they carry. Learn how to close the gap between your requirements and vendor’s policies…

No matter how well you train your compliance staff, here’s why insurance compliance can still present challenges to them, and how you can address those challenges…

We put together our best tips to streamline the COI tracking process to help free up your day from extra admin work help you effectively manage vendor risk.

CEO John Fohr joined host Alex Bond, where they discussed how new technologies are changing insurance, digitization’s impact on the industry…

Our CEO John Fohr joined Andrew Correll, where they talked about how to keep company culture strong in a virtual or hybrid work environment.

When it’s time to track and collect proof of coverage, you probably would prefer to do just about any other task. But, thanks to digital advancements, it’s now possible to automate much of the COI collection process.

The list of the world’s most innovative technology solution providers that address the digital transformation challenges in insurance…

If your commercial insurance renewal is coming up soon, here are five strategies to help you find the best coverage at the best rates…

Whether you’re a franchise owner or operate a factory line, work accidents can happen and can pose a significant risk to your business. Learn how you can prevent vicarious liability.

The external insurance market has shifted exponentially in the past two years, which has led to internal shifts. Third-party insurance verification is one area where many companies could both improve and increase risk coverage.

Insurance verification documents change hands 200,000 times daily in the U.S. alone, and are done almost exclusively via paper, fax, or PDF. That’s a lot of hours…

How Assurex Global is helping their independent agents and brokers worldwide to better serve clients through automating the management of COIs…

TrustLayer today announced it has closed a Series A funding round of $15.1 million led by Craft Ventures and top insurance brokers…

TrustLayer Raises $15M to Build the Future of Insurance Verification. With 75% of U.S. businesses underinsured, TrustLayer continues its momentum…

What is a classification limitation endorsement and how do they limit insurance coverage. Learn how to identify, remove and challenge these exclusions with these best practices.

TrustLayer successfully completed the SOC 2 Type 2 audit, which verifies that our rigorous information security procedures provide the highest level of data protection…

TrustLayer today announced an integration with Procore Technologies, a leading construction management software platform…

One of the country’s largest insurance brokers and employee benefits consultants, today announced its partnership with TrustLayer, Inc. to offer the secure…

Fragmented networks leave businesses vulnerable to significant liability threats. As you work to diversify your vendors and supplier network, build in systems to verify insurance coverage.

The cost of trucking insurance has been rising steadily for several years, often by double digits. Read about some options to stay competitive in tough insurance markets.

Cycle Construction implemented TrustLayer to ensure protection from liabilities associated with property damage, bodily injuries, errors and omissions…

Risk mitigation is a complex and challenging process that evolves many levers, but we listed below a few best practices that our partner insurance agency uses…

In a world where lawsuits are on the rise, and a class-action lawsuit could result in significant damages to both a business’ finances and reputation, third party risk management is continually evolving to keep pace

TrustLayer today announced it has completed a $6.6 million seed round of financing. Abstract Ventures led the round with participation from Propel Venture Partners…

The Institutes RiskStream Collaborative™ announced its collaboration with TrustLayer, Inc. and several of its consortium members, including, Liberty Mutual Insurance…

TrustLayer is pleased to announce a strategic partnership with MarshBerry’s Connect Platform to help members differentiate in the insurance distribution marketplace…

By leveraging TrustLayer’s technology, BIGN members can combine their professional risk transfer expertise to provide best-in-class, value-added services…

TrustLayer is pleased to announce the launch of a Digital Proof of Insurance pilot with six leading National brokerages. TrustLayer is developing the industry’s first…

When it comes to hedging risk, there’s no surefire way for businesses to protect against every loss. But with the right combination of insurance policies, indemnification clauses, and additional insured endorsements, you can get close to full coverage.