Many interactions between businesses hinge on the ability for one party to provide a proof of insurance to the other.
Certificial uses cloud technology to offer a digital and dynamic proof of insurance. Instead of the old static point-in-time Certificates of Insurance, Certificial allows companies of all sizes to directly monitor, in real time, that a person or business are properly insured. When integrated with the HawkSoft agency management system, insurance agencies can keep Certificial in sync with their client and policy data automatically. Changes made in HawkSoft or received by HawkSoft via a carrier’s policy download will automatically update Certificial. These changes are then populated throughout the certification process. If a policy is cancelled or not renewed in HawkSoft, Certificial automatically revokes certification and prevents potential liabilities from having un-insured or under-insured entities on a job site.
Source: AIthority

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By Rory Yates: To discuss and debate this topic we ran a wonderful Insurtech Insights session with Amazon Business in their London HQ, and there was a stellar line up debating this topic, and I was honored to moderate it.

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