Proof of Coverage

Proof of Coverage, Inc.

9 Investors
Insurance Management Software
MIAMI, FL

Proof of Coverage, Inc. is a specialized provider of certificate of insurance (COI) tracking and management services aimed at streamlining the oversight of insurance documentation for businesses. By automating the collection and tracking of COIs, the company addresses a critical need for organizations that work with multiple vendors, thereby minimizing liability risks associated with manual tracking methods.

Products & Team

COI Tracking Software Platform

Insurance ManagementSeed

The Proof of Coverage software platform automates the entire process of collecting, managing, and verifying certificates of insurance from vendors and contractors. It is designed to be user-friendly, offering an intuitive interface to facilitate timely and accurate insurance management.

Value Proposition

By automating COI management, the platform solves the significant challenges of manual oversight, reducing time spent on administrative tasks and minimizing the risks associated with compliance failures.

Pain Points

The challenges of manual COI tracking include time consumption, potential for errors, and the heightened risk of liability due to non-compliance with insurance requirements.

Electronic COI requests to vendorsTracking of expiration dates and policy detailsCompliance verification with insurance requirementsAutomated reporting on vendor insurance statusAutomatic reminders for policy renewals and updates
Industry
Telecommunications
Primary business sector
Founded
2025
Year established
Location
MIAMI, FL
Primary headquarters

Funding History

Total Raised:
$323.5K
E

Option to Acquire Offering

November 2024
$750.0K
Target
Progress
43%
Raised
$323.5K
Target
$750.0K
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