Company Administration Platform supplier Momentum by NowCerts and COI administration platform Certificial have partnered to enhance the legacy means of certificates of insurance coverage distribution.
The teamwork between Momentum and Certificial will automate the distribution and communication of COI requests.
As well as, it’s going to present dynamic updates immediately from Momentum Companies to Certificates Holders through Certificial. This implies real-time coverage knowledge and the most recent COI variations are all the time out there with out the necessity for handbook intervention.
Moreover, the partnership will broaden the Sensible COI Community, connecting Momentum to among the largest companies and vendor administration techniques.
“Partnering with Certificial and leveraging their community of shoppers creates a big operational acquire for our Companies, and places Momentum by NowCerts on the forefront of innovation within the AMS house,” stated Peter Germanov, founder and CEO of Momentum by NowCerts.
“Certificial’s partnership with Momentum by NowCerts signifies a serious step ahead within the end-to-end automation of COIs,” added Peter Teresi, Co-Founder and CEO of Certificial. “Momentum Companies now have the ability to automate COI responses with our AI-driven auto-response module, reworking processes and delivering significant worth to their clients and Certificates Holders.”
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By GlobalData
In November 2024, Evident introduced a partnership with specialty insurance coverage supplier NIP Group.
This partnership goals to rework danger administration for service professionals together with landscaping, utility contractors, greenhouse growers and extra.
The platform of Evident simplifies the certificates of insurance coverage (COI) assortment course of, thereby bolstering compliance and decreasing third-party danger.
This integration with NIP goals to allow service professionals to give attention to delivering service, free from the burden of handbook compliance monitoring.