RALEIGH, NC – COISimple today announced the launch of its AI-powered platform designed to automate vendor insurance compliance using Certificates of Insurance (COIs). The platform introduces a modern solution to a traditionally manual and time-consuming process that has long relied on spreadsheets, shared folders, and fragmented email threads.
The Compliance Challenge Many organizations still manage vendor insurance through manual tracking, which often leads to expired policies, missing documentation, and significant compliance gaps. These inefficiencies expose businesses to unnecessary risks. COISimple replaces these outdated workflows with a platform that continuously monitors coverage and flags compliance issues in real-time.
Advanced AI Extraction The platform utilizes sophisticated AI-powered document extraction to read insurance certificates—including the standard ACORD 25 form—and instantly verify coverage across multiple policy types. Supported policies include:
- General Liability (GL)
- Workers’ Compensation (WC)
- Commercial Auto
- Professional Liability (E&O)
- Cyber Liability
The “Email-to-Compliance” Innovation A key feature of the platform is its Email-to-Compliance workflow. Instead of requiring vendors to log into a separate portal, COISimple allows vendors to simply email their certificates directly to the system. Once received, the AI automatically:
- Extracts policy numbers, limits, and carriers.
- Verifies data against specific company requirements.
- Tracks expiration dates and alerts administrators if a vendor becomes non-compliant.
“Too many companies are still relying on spreadsheets and email threads to track critical insurance requirements,” said Praveen Udawath, Founder and CEO of COISimple. “We built COISimple to turn what used to take hours of manual review into a process that happens automatically in seconds.”
Industry Impact COISimple is designed for high-stakes industries that rely heavily on third-party contractors, including construction, property management, commercial real estate, healthcare, and logistics. By providing a centralized dashboard, the platform gives organizations full visibility into their vendor ecosystem, reducing the risk of working with uninsured providers.
About COISimple COISimple is a SaaS vendor insurance compliance platform that automates certificate of insurance tracking, compliance verification, and policy monitoring. Based in Raleigh, NC, the company leverages AI to eliminate administrative burdens and reduce corporate risk.
For more information, visit https://coisimple.com.
Website: https://coisimple.com
