RiskStream Collaborative, TrustLayer, Inc. and Consortium Members to Create a Proof of Concept for the First Certificate of Insurance Verification Solution
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The Institutes RiskStream Collaborative™ announced its collaboration with TrustLayer, Inc., the leading next generation insurance verification platform, and several of its consortium members, including, Liberty Mutual Insurance and Nationwide Insurance, to create a proof of concept (POC) for the insurance industry’s first certificate of insurance verification solution.
This is an important step forward in revolutionizing insurance verification across all industries and coverage lines. RiskStream’s work with TrustLayer on a real-time certificate of insurance verification solution could fundamentally change the way businesses prove and validate insurance coverage.
National Association of Surety Bond Producers Joins The Institutes RiskStream Collaborative Launch of Blockchain Working Group to Streamline Surety Bonds POA Verification
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The National Association of Surety Bond Producers (NASBP) will join The Institutes RiskStream Collaborative™as part of the new working group serving the surety industry. NASB is the second surety-based association to join the initiative, which will focus on streamlining the power of attorney registration and verification process.
RiskStream Labs brings together a network of stakeholders to discuss blockchain solutions, and will focus on providing greater convenience and efficiency for the power of attorney registration and verification process while promoting viability and strategic advancement for the surety industry.