VendorShield

VendorShield is an AI-powered platform that helps general contractors and property managers keep track of important insurance documents called Certificates of Insurance, or COIs. Managing these documents manually can be difficult and risky, often leading to problems when a vendor's insurance has expired. VendorShield automates this process to make it easier and safer.

Benefits

VendorShield helps users avoid the risks of expired insurance by automatically tracking COIs. It saves time by letting users upload documents easily or allowing vendors to upload them directly. The platform's AI analyzes these documents quickly, identifies potential coverage gaps, and provides a risk score. Users get timely alerts before policies expire, so they can remind vendors to renew them. This ensures that everyone working on a project has the necessary insurance coverage.

Use Cases

This platform is useful for general contractors and property managers who need to ensure that all their vendors and subcontractors have active and adequate insurance. It simplifies the process of verifying insurance compliance, which is crucial for avoiding liability in case of an accident. The system can be set up with specific insurance requirements based on the type of vendor or work being done.

Pricing

VendorShield offers different pricing plans. The Starter plan costs $49 per month and covers up to 25 vendors. The Pro plan is $99 per month for up to 100 vendors. For unlimited vendors, the Enterprise plan is $149 per month. All plans include AI analysis and expiration alerts. A 14-day free trial is available for all plans.

Vibes

Users can upload COIs by simply dragging and dropping files or by inviting vendors to use a special portal. The AI then examines the documents to check policy details and compare them against the required coverage. It flags any issues automatically, such as insufficient coverage or expired policies. The system provides automatic reminders to vendors about upcoming policy expirations. Users can also generate reports for audits easily. The platform uses strong security measures to protect data.