Vendor Management Partner Program Introduced by Certificial in the United States
Certificial Launches Vendor Management Partner Program for Streamlined Insurance Compliance
Certificial, a leading all-in-one Certificate of Insurance (COI) platform, has unveiled its Vendor Management Partner Program. This innovative initiative aims to revolutionize the way insurance data is shared and verified, bringing together a network of compliance, procurement, and risk management platforms.
The Smart COI Network includes more than a dozen Vendor Management Partners, such as Achilles Global Risk Management, Apex Analytix, Aravo Solutions, Certa, DAT Freight & Analytics, Fyxt, Graphite Connect, Mesh Verify, Truckstop / RMIS, Trustd, VenLink, and more. Additionally, partners that have entered into a white-labeling agreement are also part of the network.
One of the key benefits of the Smart COI Network is real-time certificate tracking. Certificial provides continuous monitoring of COIs, ensuring suppliers meet the required coverage limits and conditions. This reduces the risk of non-compliance and lapses in coverage.
The platform also streamlines compliance monitoring by integrating data from various Agency Management Systems. This connection automates and digitizes COI management, allowing insurance agencies and brokers to efficiently verify and monitor vendor compliance without manual paperwork.
Another advantage offered by the program is expedited supplier onboarding. A new self-serve feature accelerates data collection and onboarding by enabling suppliers to initiate connections using pre-defined opportunities. This is particularly useful for processes involving many suppliers, improving onboarding speed and accuracy.
Customizable risk and compliance question sets are another feature of the Smart COI Network. Customers can filter and manage supplier profiles based on specific industry-standard compliance requirements such as DORA, GDPR, CSRD, or CSDDD. This targeted approach helps risk and compliance teams focus on critical questions relevant to their sector.
The program also boasts integration with Applied Systems, connecting Applied's insurance agencies and brokers directly to Certificial’s vendor compliance network. This partnership enhances digital connectivity and facilitates seamless COI management across insurance intermediaries.
Recent updates to the platform include a refreshed user interface for better accessibility and usability, invitation redirects to ensure the right supplier contacts complete onboarding, and consolidated task views to manage shared project-related activities efficiently.
TrustLayer, an insurtech startup, and XN Worldwide Insurance, a leading MGA specialized in international mobility in Canada, are among the technology providers that have partnered with Certificial. TrustLayer has launched an automated insurance verification platform, while XN Worldwide Insurance has adopted CoverGo as their preferred platform.
The partnership between Certificial and Truckstop brings the most complete, timely, and accurate information directly into best practice workflow and technology to manage risk, fraud, and compliance. SUSE has also announced the availability of SUSE AI, a secure, trusted platform for deploying and running GenAI applications.
Technology providers interested in becoming part of Certificial's Smart COI Network can learn more at www.certificial.com/partners or contact the team at [email protected].
In conclusion, Certificial's Vendor Management Partner Program offers a technologically advanced, integrated, and user-friendly solution that helps insurance professionals manage vendor insurance compliance effectively and reduce operational burdens through automation and real-time insights.
- The Smart COI Network, part of Certificial's Vendor Management Partner Program, connects with insurtech startup TrustLayer, enhancing automated insurance verification.
- By partnering with XN Worldwide Insurance, a leading MGA in international mobility in Canada, Certificial's network integrates CoverGo, becoming their preferred platform for vendor compliance management.
- In collaboration with Truckstop, Certificial's Smart COI Network provides the most complete, timely, and accurate information for managing risk, fraud, and compliance.
- SUSE, a technology provider, has announced the availability of SUSE AI, a secure platform for deploying and running GenAI applications, expanding their integration within Certificial's Smart COI Network.
