Insurance Verification
Automated insurance certificate management
Automate the collection, verification, and monitoring of vendor insurance certificates. Ensure continuous coverage compliance and receive alerts before policies expire.
Features
Capabilities
Continuous insurance verification that protects your organization from uninsured vendor exposure.
COI Collection
Automated collection of certificates of insurance from vendors
Coverage Verification
Validation of coverage types, limits, and additional insured status
Expiration Tracking
Proactive monitoring and alerts for upcoming policy expirations
Compliance Enforcement
Automated hold on payments or work orders for non-compliant vendors
Carrier Verification
Verification of insurance carrier ratings and legitimacy
Case Study
The Cost of Lapsed Coverage
A major energy company discovered critical insurance gaps across their contractor base that could have resulted in significant uninsured losses.
23%
Contractors with deficiencies
$10M
Lapsed umbrella policy
6 weeks
To reach 98% compliance
$15M+
Exposure eliminated
"We thought we had insurance under control. VenLink showed us we were carrying millions in hidden exposure."
- Sarah Chen, Risk Manager, Energy Company
Transformation
The Transformation
See how VenLink transforms insurance management from annual COI collection to continuous coverage verification.
Before VenLink
- Annual collectionCOIs collected once, then forgotten
- Manual verificationcoverage limits checked by hand
- Expired policiesvendors working with lapsed coverage
- No carrier verificationfraudulent COIs go undetected
- Hidden exposuregaps discovered after incidents
With VenLink
- Continuous monitoringreal-time coverage status
- Automated verificationcoverage validated against requirements
- Expiration alerts30/60/90 day advance warnings
- Carrier validationinsurance company ratings verified
- Compliance enforcementwork orders blocked for non-compliance
Integration
How It Connects
Insurance Verification integrates with the VenLink compliance spine, ensuring coverage status is always current and actionable.
COIs stored and verified as compliance evidence
Real-time coverage status for every vendor
Complete history of insurance verification activities
Ecosystem
Works Better Together
Insurance Verification integrates with other VenLink modules for comprehensive risk management.
Vendor Onboarding
Streamline vendor registration and qualification
Collect and verify insurance as part of vendor onboarding.
Contract Management
Centralized contract lifecycle management
Enforce insurance requirements defined in contracts automatically.
Issue Resolution
Structured vendor issue tracking and resolution
Create issues when coverage lapses or falls below requirements.
Get Started
Verify Coverage Continuously
Request a demo to see how VenLink provides real-time insurance visibility and eliminates hidden exposure.
Request Demo