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Overview
RiskPartner COI helps insurance companies collect and track vendor insurance documents for compliance. While some advanced features may require occasional assistance, its customizable workflows simplify insurance certificate administration. Overall, it is a strong fit for construction companies, risk managers, and insurance brokers managing large vendor and subcontractor networks.
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Starting Price
Custom
RiskPartner COI Specifications
- Compliance Management
- Document Management
- Customer Portal
- Workflow Automation
RiskPartner COI Features
Certificate Management
RiskPartner COI centralizes certificates of insurance in a secure repository, allowing organizations to collect, review, and monitor vendor insurance documents from one location. Automated expiration tracking and renewal notifications help reduce manual follow-ups while ensuring certificates remain current and compliant with organizational requirements.
Compliance Monitoring
This feature enables organizations to define insurance requirements for vendors, contractors, tenants, or franchisees. The platform automatically verifies submitted certificates against those rules. This helps identify non-compliant certificates quickly, reduces compliance risks, and ensures third parties meet coverage requirements before work begins.
Vendor Management
The platform provides a centralized environment for managing vendors and their insurance compliance status. Automated reminders, document requests, and communication tools help organizations maintain up-to-date insurance records, strengthen vendor accountability, and simplify ongoing compliance management throughout the vendor lifecycle.
Full-Service COI Processing
RiskPartner COI offers a full-service certificate processing option. Insurance specialists can review, verify, and determine whether submitted certificates meet the organization's insurance requirements. Same-day processing helps organizations make faster compliance decisions while reducing the internal effort required to manage large volumes of vendor insurance documents.
Compliance Calling
When automated reminders are unsuccessful, the platform extends compliance efforts through proactive telephone outreach. Dedicated COI specialists contact vendors, brokers, and other third parties to obtain compliant insurance certificates, helping organizations improve compliance rates while reducing internal follow-up and administrative workload.
Insurance Service Center
RiskPartner COI offers an independent Insurance Service Center that manages certificate reviews, verification, and compliance validation on behalf of the organization. It combines OCR technology, automated notifications, and standardized ACORD form support. This helps reduce manual processing, improve data accuracy, and accelerate vendor onboarding and compliance management.
Pros And Cons of RiskPartner COI
Pros
Generates insightful customer reports
Automatically tracks certificate expiry
Efficient COI tracking and renewal management
Cons
Unresolved COI compliance cases can remain open indefinitely
Limited handling of hard-to-procure certificates
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Frequently Asked Questions
Does RiskPartner COI have a mobile app?
No, it does not provide a dedicated mobile app.
Who are the typical users of RiskPartner COI?
The platform is typically used by businesses across various industries and sectors, such as construction, property management, healthcare, higher education, K–12 education, and retail.
What level of support does RiskPartner COI offer?
It offers support through email, fax, phone, knowledge base, and contact form.
What other apps does RiskPartner COI integrate with?
The vendor has not shared a list of supported third-party integrations.
What language does RiskPartner COI support?
The platform is available in English language only.
Does RiskPartner COI offer an API?
Yes, the software offers an API.
What types of pricing plans does RiskPartner COI offer?
Its pricing is likely to start at $500/month, though actual cost may vary depending on the service level, organizations choose. Users can also request a customized RiskPartner COI cost quote based on their requirements.
