Commercial property managers struggle to track tenant and vendor Certificates of Insurance (COIs), including collecting, verifying, chasing, and renewing them.
Existing solutions are either manual (Excel), lack specialized COI tracking features (generic property management software), or are costly (outsourcing). They do not automate the full lifecycle: collection, requirement checking, follow-ups, and renewal tracking.
Workarounds Described
- Using Excel to manually track COIs
- Using generic property management software that lacks specialized COI features
- Outsourcing COI tracking to a service
- Chasing tenants or insurance agents via manual emails and phone calls
Implied Software Gaps
- Automated COI collection and verification software
- Specialized COI tracking module integrated with property management systems
- Automated follow-up and reminder system for COI compliance
COI Guard
COI Guard is a cloud-based COI management platform that automates the entire lifecycle of insurance certificates for commercial properties. It sends automated requests, verifies coverage against customizable requirements, and reminds tenants and vendors to avoid lapses. This eliminates manual tracking and reduces risk for property managers.
- Automated collection and tracking of certificates of insurance
- Customizable insurance requirement templates and automatic compliance checking
- Automated email reminders and follow-ups for tenants and vendors
- Renewal tracking with advance alerts and digital repository
Existing Solutions Mentioned
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