TrustLayer and Tarmika, an Applied company, announced a partnership in an effort to better enable businesses to close coverage gaps on demand.

The partnership integrates TrustLayer’s insurance verification and Tarmika’s embedded insurance service, Tunnel. The two companies are seeking to modernize the insurance verification process by providing a digital marketplace for additional insurance products to close coverage gaps, according to a press release.

TrustLayer automatically reads and interprets information on a certificate of insurance in seconds. When a limitation or requirement is not met, the certificate holder is non-compliant and often needs to secure additional coverage to be eligible to work with the requestor. Using Tarmika’s embedded insurance service, the buyer can get multiple quotes with fewer questions and data prefill, the release said.

TrustLayer is a risk modernization platform that allows companies to securely automate the verification of insurance, licenses, and compliance documents of their business partners in a digital dashboard. Founded by John Fohr and Vincenzo Acinapura, the company is backed by investors including Craft Ventures, Abstract Ventures, Box Group, Propel Ventures, Sure Ventures and PruVen Capital.

Tarmika is a single-entry efficiency service designed to streamline the commercial lines quoting process for independent agents. Founded in 2018, the company was created by former insurance agents and carrier representatives to build technology that enables carriers and agents to expand distribution channels, gain new business, and improve customer experience.

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Convelo Insurance Group, a national managing general underwriter specializing in insurance products for niche insurance segments, announced the launch of its new management liability insurance program with Fortegra, a carrier with more than 40 years of experience in risk management and insurance. The program will provide management liability coverage for nonprofits.

This program is designed to provide nonprofit leaders across a variety of industries and classes with the option to choose which lines of coverage are necessary to protect their operations. It includes directors and officers liability coverage, in addition to options for employment practices liability coverage, and will soon include options for fiduciary liability, workplace violence and internet liability coverage.

At launch, the program will be available in 22 U.S. states with additional states set to be available soon.

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TNEDICCA a provider of traffic crash data and location risk analytics, and Ohio Mutual Insurance Group are collaborating to provide a view into locations where frequent crashes occur to Ohio Mutual’s Ohio members.

The Accident Advisor service is powered by TNEDICCA’s crash database of more than 30 million crashes, based on police reports and geolocated to the precise location of the crash. Via a map, Ohio Mutual’s members can identify local crash hotspots specific to their home and commuting area. This insight aims to help policyholders stay safer on the road by avoiding accident hotspots or exercising additional caution in these high-risk areas, according to a press release.

Ohio Mutual Insurance Group, founded in 1901 and based in Bucyrus, Ohio, partners with more than 400 independent agencies to distribute property/casualty insurance products throughout Connecticut, Indiana, Maine, New Hampshire, Ohio, Rhode Island, and Vermont.

Founded in 2015 and headquartered in Columbus, Ohio, TNEDICCA aims to reduce future traffic accidents through the use of data and analytics. TNEDICCA has built an accident location database of more than 30 million crashes, and the company provides services to auto insurance, navigation, automotive manufacturing, and transportation planning industries.

Sources: TrustLayer, Convelo Insurance Group, TNEDICCA