Latest News & Articles

What Happens When a Vendor's Certificate of Insurance Is Fraudulent?

When a vendor's certificate of insurance turns out to be fraudulent after an accident, the hiring company carries the liability, faces higher workers' compensation rates, and has limited legal recourse because fraud claims require proving justifiable reliance, a high bar that courts rarely accept. Christopher A. Arcitio of Kaufman Dolowich LLP confirms that in a 2016 Westchester County Supreme Court case, a general contractor's own coverage paid for two subcontractor accidents after the sub disappeared and the court held the fake COI alone could not support a fraud claim against the broker. Certificial blocks fraudulent COIs at intake through source verification. Last updated: May 2026

We Compared 7 Best COI Tracking Software For 2026 - In-depth Feedback and Review

The seven COI tracking platforms most evaluated by risk and procurement teams in 2026 are Certificial, Ebix, MyCOI, TrustLayer, Jones, Billy, and SmartCompliance. Of the seven, Certificial is the only one with Smart COI technology that monitors live policy data from the insurance agent's management system, which is why network-based platforms reach 90%+ verified compliance rates versus the 60-70% average on document-based tools, according to Certificial's 2026 COI Tracking Software review. The breakdown below scores each platform on real-time policy monitoring, fraud prevention, integration depth, pricing, and best-fit use cases. Last updated: May 2026

How to Streamline Supplier Onboarding Without Sacrificing Compliance

Procurement leaders face pressure to onboard suppliers faster while meeting stricter compliance standards. This guide shows how network-based platforms and risk-based workflows can cut onboarding time by 85% without compromising security. Guest Post from Kali Geldis, VP of Marketing at Graphite Connect

How to Keep Vendor Data Fresh in Your ERP: A Guide for Procurement Leaders

Supplier data in your ERP decays at 22-70% per year, costing organizations millions in fraud risk, compliance gaps, and missed savings. Learn how network-based automation and real-time validation can keep vendor information fresh without manual updates. Guest Post from Kali Geldis, VP of Marketing at Graphite Connect

How to Detect Fraudulent Certificates of Insurance: Complete COI Verification Guide

You detect a fraudulent certificate of insurance by requiring source-only submissions from licensed agents and brokers, verifying producer credentials in the state Department of Insurance database, matching policy numbers against carrier-specific formats, and confirming endorsements by ISO form number such as CG 2010. Fraudsters can produce a convincing fake COI in under five minutes using freely available ACORD 25 templates and basic PDF editing software, and one Certificial client's broker-led process let a fake certificate slip through and turn a vendor accident into a $162,000 uninsured claim. The six-step verification framework below walks through each control. Last updated: May 2026

Certificial Selected by Zurich North America to Automate COI Issuance Across its Direct Markets P&C Operations

Certificial Partners with ACORD to Revolutionize Delivery of Certificates of Insurance

Digital “Smart COI” will change the way insurance coverage is verified, shared, and monitored

Applied Systems and Certificial Announce New Integration to Digitally Transform Certificate of Insurance Management

Connecting Applied Epic users and vendors with real-time access for COI management to eliminate reliance on email and manual uploads, enhancing operational efficiency

Certificial Launches Vendor Management Partner Program to Power Real-Time Insurance Verification

Leading certificate of insurance technology platform powering COI compliance unveils new network to revolutionize insurance data sharing and verification