VeriSourceTM enables companies to easily and efficiently manage insurance prequalification for contractors of all sizes, track contractors’ certificates of insurance, and keep on top of contractors’ policy expirations.

Get at-a-glance visibility into contractors’ compliance with your insurance requirements

  • Centrally track and maintain insurance coverage information for all of your contractors using a single, web-based application
  • Quickly view each contractor’s status and identify which contractors meet your company’s coverage requirements
  • Easily access your contractors’ insurance coverage details and certificates of insurance (COIs)

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Streamline contractor insurance prequalification and management processes

  • Ensure easy submission of policy details by contractors: user-friendly templates and document upload capabilities make it efficient for contractors to provide coverage information
  • Confirm the validity of your contractors’ coverage: as a value-added service included with our software, Veriforce® auditors review all submitted insurance data against a contractor’s COI(s)
  • Efficiently keep on top of policy expirations with reporting for you and automated email notifications for your contractors

Manage contractors of all sizes - large and small - in one place, saving time and money

  • Avoid the hassle of tracking COIs for small, low-risk contractors separately: unlike some solutions, a VeriSource subscription is affordable for even your smallest contractors, so there’s no need to manage them outside of the application
  • Help ensure participation by smaller, local contractors, enabling you to get the best value for your company, rather than potentially limiting your contractor pool to non-local, higher-priced options

Take a risk-based approach to insurance prequalification, tailored to your company’s unique procurement policies

  • Group your contractors based on their size, work types, or other risk factors, allowing you to customize each group’s insurance requirements based on perceived risk
  • Automatically enforce contractor compliance with insurance requirements that align with your company’s specific policies

Gain a comprehensive view of contractor compliance beyond your insurance requirements

  • Simplify contractor management with integrated VeriSource applications to manage safety prequalification, as well as contractor compliance with PHMSA OQ Rule and DOT/PHMSA drug and alcohol requirements
  • Get a one-stop view of each contractor’s compliance and commitment to safety so you can easily identify contractors who are ready to go to work, make more informed contractor selection decisions, and, ultimately, lower your third-party and regulatory risk