myCOI

myCOI is a centralized software solution that automates the insurance compliance process. It offers sophisticated features in accordance with industry logic to ensure that customers are always protected by appropriate, active coverages. The software provides a single repository for viewing compliance status, making renewals simple and easy.

Incoming certificates of insurance are automatically received and scanned by myCOI's system, which confirms their compliance against customer-specified standards. In cases where non-compliant coverage exists, agents will be notified while customers and myCOI's expert staff review any exceptions or omissions to prevent any potential legal liability in the future. The software also includes an automated communication plan to ensure nothing falls through the cracks during this process.

The document ingestion process, rules comparison and white glove service offered by myCOI’s compliance team also sets it apart from others on the market today. By streamlining and automating third-party insurance compliance tasks across all industries, myCOI has minimized tedious paper-bound processes that were once synonymous with this type of work.