TrustLayer Solutions for the Public Sector

Software Platform

Value to Public Sector Clients:

Streamlines and automates the traditionally manual process of verifying insurance coverage for contractors, vendors, and partners.
Ensures compliance with insurance requirements, reducing risk exposure and liability for public sector entities.
Improves operational efficiency by reducing administrative overhead and manual errors.
Enhances transparency and trust with stakeholders through accurate, real-time verification.

Key Features:

AI-Powered Document Processing: Automatically extracts and verifies data from Certificates of Insurance (COIs).
Continuous Monitoring: Tracks insurance compliance status in real-time (for select carriers), alerting for lapses or insufficient coverage.
Customizable Requirements: Aligns with specific insurance requirements of public contract and project specific requirements.
Integrations: Works seamlessly with procurement and vendor management systems.
Centralized Dashboard: Provides a single view to track and manage vendor compliance status.

Value to Public Sector Clients:

Enhances the ability to identify, mitigate, and manage third-party risks, ensuring projects comply with local and federal regulations.
Reduces administrative burden associated with managing multiple vendors, suppliers, and contracts.
Increases visibility into risk profiles of third parties to protect public funds and resources.
Supports better decision-making with real-time data insights and reporting tools.

Key Features:

Risk Insights and Analytics: Provides actionable insights into third-party risks and compliance gaps.
Automated Workflows: Simplifies repetitive tasks, such as requesting compliance documents or flagging issues.
Document Repository: Centralized storage of compliance and insurance documents for easy access and audits.
Alerts and Notifications: Proactively notifies stakeholders of any compliance breaches or approaching deadlines.
Customizable Reporting: Generates tailored compliance and risk reports to meet government transparency requirements.

Value to Public Sector Clients:

Leverage the TrustLayer platform with our team of insurance professionals to get the most out of our services.
Provides hands-on support for managing vendor insurance verification and compliance, reducing the burden on internal teams.
Ensures comprehensive oversight of third-party risks with expert management.
Enables public entities to focus on core operations while TrustLayer handles compliance processes efficiently.
Reduces risk exposure by leveraging professional expertise to identify and mitigate compliance gaps.

Key Features:

Dedicated Compliance Support: A team of experts actively manages insurance verification and vendor compliance.
Dedicated Licensed Insurance Professional as Account Manager: Your point of contact for taking care of your business.
End-to-End Process Management: Handles outreach, document collection, verification, and follow-ups with vendors.
Proactive Risk Mitigation: Identifies potential vendor compliance issues early and suggests solutions.
Custom Reporting: Delivers tailored compliance and risk reports to meet public sector regulatory needs.
Scalable Service: Adapts to the size and complexity of public sector projects, ensuring consistent compliance oversight.