What is TrustLayer?

TrustLayer is a comprehensive AI-powered platform designed to automate and enhance third-party risk management and insurance compliance. It supports businesses by accelerating vendor onboarding, tracking certificates of insurance (COIs), and streamlining the entire compliance process. The platform leverages AI for document collection, classification, and verification against industry standards, ensuring your organization is always audit-ready and compliant.

With features tailored for risk managers, finance departments, brokers, and administrators, TrustLayer enables real-time collaboration, automated workflows, and actionable insights. Its scalable solutions cater to organizations of all sizes and work seamlessly across numerous industries, including construction, real estate, finance, and healthcare. The flexible pricing model and robust integration options make TrustLayer an ideal choice for modern risk and compliance management.

Features

AI Document Collection and Classification: Automatically gathers and classifies compliance documents using AI.
COI Tracking: Monitors certificates of insurance, checks compliance, and flags coverage gaps.
Automated Compliance Verification: Compares documents against industry benchmarks and custom requirements.
Vendor Onboarding Automation: Streamlines the onboarding process for new vendors and contractors.
Real-Time Collaboration: Enables messaging and seamless document sharing among teams and stakeholders.
Expiration and Renewal Management: Manages key compliance deadlines and sends automated reminders.
Custom Compliance Profiles: Supports multiple insurance and compliance requirement sets.
Reporting and Analytics: Provides business intelligence and customizable reports on compliance status.
Integrations: Connects with platforms like ProCore, CMIC, and Vista Viewpoint.
W9 Document Extraction: Extracts data from W9 forms with AI-powered accuracy.

Use Cases

Streamlining vendor and contractor onboarding for construction firms.
Automating collection and verification of certificates of insurance for enterprise risk management.
Ensuring compliance before payment processing by finance teams.
Centralizing management of compliance documents across multiple projects.
Facilitating collaboration between brokers, carriers, and risk managers.
Reducing manual workload and minimizing compliance-related operational risk.
Tracking and managing proof of insurance in real estate, retail, or healthcare organizations.

FAQs

Can TrustLayer handle multiple types and sets of insurance requirements?

Yes. TrustLayer can manage a wide range of insurance coverage types and compliance requirements, enabling users to create multiple compliance profiles tailored to various contracts.
Does TrustLayer integrate with existing business systems?

Yes. TrustLayer provides integrations with platforms such as ProCore, CMIC, and Vista Viewpoint, and can connect with other systems via API.
Which industries can benefit from TrustLayer?

Companies in construction, insurance, real estate, retail, finance, healthcare, and many other sectors use TrustLayer to enhance compliance and risk management.
What types of documents does TrustLayer support for compliance tracking?

TrustLayer supports certificates of insurance, W9s, business and professional licenses, contracts, drivers’ licenses, and custom documents.
Is there a minimum vendor requirement to use TrustLayer?

No. TrustLayer delivers value to organizations of all sizes without a minimum vendor threshold.