Holmes Murphy, an independent insurance brokerage headquartered in Waukee, Iowa, has announced its partnership with TrustLayer, a company focused on enabling faster and more efficient proof of insurance verification, while helping clients better manage risk.
TrustLayer uses robotic process automation (RPA) and artificial intelligence (AI) so companies can automatically verify the insurance and licenses of their vendors, suppliers, borrowers, and tenants.
“One of Holmes Murphy’s main goals is to identify risks sooner and drive down costs faster, all the while streamlining time-consuming, mundane, and risky tasks our employees take care of for our clients,“ said Ellen Willadsen, Holmes Murphy Chief innovation officer, in a news release. “The unique value TrustLayer brings to the equation is the ability to automate the insurance verification process using RPA and AI. This provides our clients with peace of mind knowing the coverage their business partners have in place is adequate, validated, and compliant.”
“We’re building the modern way for businesses to approach risk, compliance, and insurance verification, and it certainly doesn’t involve call centers or fax machines,” said John Fohr, co-founder and CEO of TrustLayer.
Holmes Murphy has a Cedar Rapids location.
