myCOI
Construction risk assessment software
Insurance compliance software
Construction software
Construction management software
Insurance software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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What is myCOI
myCOI is a certificate of insurance (COI) tracking and insurance compliance platform used to collect, validate, and monitor vendor/subcontractor insurance documents against project or company requirements. It supports construction and other contractor-heavy industries that need ongoing compliance oversight for third parties. The product focuses on configurable compliance rules, automated document requests and reminders, and centralized reporting for risk and procurement teams. It is typically used alongside construction management and ERP systems rather than replacing them.
Purpose-built COI compliance workflows
myCOI centers on collecting COIs and related insurance documents and checking them against defined coverage requirements. It supports ongoing monitoring so expirations and non-compliant policies can be flagged for follow-up. This specialization fits organizations that need a dedicated compliance layer rather than general field productivity tools. It also aligns well with risk management and vendor management operating models.
Configurable requirements and rules
The platform is designed to apply different insurance requirements by vendor type, contract, location, or project. This helps teams standardize compliance decisions and reduce manual interpretation of COIs. Rule-based checks can improve consistency across multiple projects and business units. It is particularly useful where requirements vary across owners, GCs, and programs.
Centralized tracking and reporting
myCOI provides a central system of record for insurance compliance status across many vendors and projects. Dashboards and reports support audits, internal risk reviews, and stakeholder visibility. Centralization reduces reliance on spreadsheets and email threads for document chasing. This is valuable for organizations managing large subcontractor and supplier networks.
Not a full construction suite
myCOI addresses insurance compliance rather than end-to-end construction management (e.g., scheduling, RFIs, submittals, cost control, daily reporting). Teams typically still need separate systems for project execution and field operations. As a result, value depends on how well compliance processes are integrated into broader project workflows. Buyers expecting a single platform for all construction functions may find it too narrow.
Integration needs can add effort
To avoid duplicate vendor and project data entry, organizations often require integrations with ERP, procurement, or construction management systems. Integration scope and data mapping can add implementation time and require IT involvement. If integrations are limited, users may need manual reconciliation between systems. This can reduce the operational efficiency gains from centralized compliance tracking.
COI data quality limitations
Insurance compliance systems depend on the accuracy and completeness of documents provided by vendors and their brokers. COIs can be inconsistent in format and may not fully represent policy terms, which can require manual review or follow-up. Automated checks may still need human oversight for exceptions and endorsements. This can limit straight-through processing for complex insurance requirements.
Plan & Pricing
Pricing model: Pay-as-you-go / quote-based (per-assignment). An "assignment" = one set of insurance requirements matched to one vendor/subcontractor/tenant.
Free tier/trial: Free trial available (vendor site promotes a free trial; no duration or trial terms published on site).
Example costs: No official example costs or published price tiers found on myCOI's official site or support docs. The vendor states pricing is custom and priced by assignment; no numeric rates are provided on pricing/solution pages.
Discount options: Not published on official site; inquire with sales for volume/contract discounts.
Notes & official references: Pricing is described as "pricing built for growth" and "we price our services by assignment" on myCOI’s official site. Vendor support documentation references an annual "registration fee" that is set by each client (no dollar amounts published).
