Covie provides a platform that integrates insurance data directly into existing web applications, allowing businesses to access and monitor policy details without requiring users to leave their interface. This solution enables real-time tracking of insurance status and coverage, ensuring compliance and reducing the risk of lapses in coverage.
Funding
$4.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
MANSP6SSFounders
Product
Problem
Many businesses struggle to efficiently access and monitor their customers' insurance policy data, often relying on manual processes or requiring users to navigate away from their core applications. This can lead to inefficiencies in tracking compliance, verifying coverage, and incorporating insurance information into financial planning workflows.
Solution
Covie provides a suite of APIs that enable businesses to directly integrate insurance data into their existing web applications. The platform offers tools to access policy details, monitor changes in coverage or status, and automate enforcement actions based on insurance status. By streamlining access to insurance information, Covie helps businesses ensure compliance, validate coverage, and incorporate insurance data into financial risk assessments, all without requiring users to leave their primary application.
Target Audience
Covie targets businesses that need to track and enforce insurance requirements for customers, vendors, or business partners, as well as those in financial planning who need to incorporate insurance data into their risk assessments.
Features
- **Access API:** Retrieves detailed information about specific insurance policies, including coverage limits.
- **Monitor API:** Provides real-time notifications of changes to policy status, limits, or coverage.
- **Developer-Friendly SDK:** Facilitates quick and easy integration into existing workflows with readily available APIs.
- **User Interface Options:** Offers pre-built user interfaces for rapid deployment and secure communication with customer data.
- **Comprehensive Data Coverage:** Supports data from major insurance carriers, including Progressive, State Farm, GEICO, Liberty Mutual, and Lemonade.