The cheapest claim is the one you never pay for.
One in five policy lines we review fails. Every third-party partner averages two failures, and each one is an expense that hasn't arrived yet.
Lumie, the AI inside illumend, reads the endorsement against your contract and tells you which gaps are real.
Two inputs, one figure. Something you can take into a budget conversation without talking to us first.
illumend, from myCOI
You live in numbers. Here are ours.
Sixteen years of reviewing certificates across the myCOI network.
- 1 in 5policy lines fail compliance
- 400failures found every day
- 140,000failures every year
- 2average policy-line failures per third-party partner
No company is 100% compliant. The question is whether you can see the part that isn't.
A miss doesn't show up as a line item. It shows up three ways.
The claim you end up absorbing.
When a partner's coverage doesn't reach the loss, the cost doesn't disappear. It moves onto your books, along with the legal time to work out why.
The project that waits.
Work that can't start is revenue sitting still. Most of that delay is a partner who doesn't understand what's being asked of them.
The renewal conversation.
A loss follows you into the next renewal. So does a compliance program you can evidence. Your broker would rather present the second one.
illumend catches the gap. You save the project.
A number you can take into a board meeting.
Lumie answers portfolio questions directly, so nobody builds a report to find out who's compliant.
Exposure, ranked.
Not an alphabetical list of everyone with a red dot. Lumie surfaces the partners whose gaps matter most, and names the policy line that failed.
The gap, in plain terms.
Most tools hand you a flag. Lumie tells you what your contract required, what arrived instead, and what it means if work goes ahead anyway.
Compliance as it stood on any date.
Lumie reconstructs what was on file the day of an incident. That's the answer your counsel asks for. Most teams can't produce it.
Compliance that pays for itself, and then some.
Hours your team gets back.
Lumie handles collection, review and follow-up. Your team stops chasing documents and starts working on the business.
Projects that start on schedule.
Lumie walks your partners through what's needed, in language they understand, so the paperwork stops being the thing holding up the start date.
Claims that never arrive.
Every gap Lumie finds is a claim that doesn't get argued about later.
A renewal you can evidence.
Every request, every review and every decision is on file, so the program you describe to your broker is one you can show.
Our ROI calculator takes your partner count and your admin hours and gives you a figure you can take into a budget conversation.
Your third-party partners will thank you.
Your partners get a one-time link, a plain-language explanation of what's missing, and a way to hand it straight to their agent. No account. No password. No guessing what you meant.
So certificates come back in days instead of weeks, your team stops chasing, and the partners you depend on keep saying yes to the next job. Good subs are hard to find. This is one less reason to lose one.
Compliance status belongs in the system that holds the money.
illumend connects to the project management, ERP and accounting systems your teams already run, so compliance status lands on the record your people are looking at. In some systems it can gate a payment directly.
See exactly what syncsQuestions finance leaders ask.
Stop guessing what your certificates cover.
Book a demo and we'll walk your portfolio. Or run the ROI numbers first and bring us the figure.
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