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Smarter Insurance Reviews for Equipment Finance

Verify certificates of insurance against deal requirements and previously approved COIs automatically. Purpose-built for equipment finance: multi-asset deals, serial number matching, and comprehensive insurance verification.

ACORD®CERTIFICATE OF LIABILITY INSURANCEINSURANCE VERIFICATIONPRODUCERINSUREDNamed InsuredNexus Freight CorpVerifiedSerial Number4UZAANDH5BCXR7832VerifiedLoss PayeeMaple Leaf Leasing Inc.FlaggedPolicy Expiry08/15/2026VerifiedActual Cash ValueIncludedVerifiedDeductible$5,000FlaggedEndorsementsBlanket Waiver of Subr.VerifiedPolicy NumberPLH-0042819Verified6 Verified2 Flagged

The Problem

COI Verification in Equipment Finance Is More Complex Than It Looks

Every COI that crosses your desk requires checking coverage types, limits, serial numbers, named insured, additional insured, loss payee, policy dates, and insurer details. Each field must be cross-referenced against the equipment schedule and deal requirements.

~5 min

Each review takes several minutes per document

10-50+

Multi-asset deals with serial numbers take significantly longer

~0%

Roughly 15% of COIs have at least one deficiency on first submission

The Solution

Insurance Document Intelligence, Purpose-Built

Swift Stack applies document intelligence to the insurance verification workflow in equipment finance. The system ingests your incoming certificate of insurance, analyzes every relevant field against your insurance requirements and internal rules, and presents any issues or warnings directly in the document for a clear and confident review.

In production, this means 4x faster COI reviews, with multi-asset deals that used to take hours processed in minutes. Your team conducts exception-based reviews instead of checking every detail manually, reclaiming time and reducing risk.

How It Works

How Swift Stack Verifies Every COI

1

Ingest

Swift Stack receives the certificate of insurance. PDFs, scanned images, and digital certificates are all supported. Documents come in through your existing workflow.

2

Analyze

The system reads both documents, extracts every relevant field, and runs a field-by-field comparison against your insurance requirements or last approved COI. Serial number verification, entity name matching, coverage limits, endorsements, and policy details are all verified using a combination of AI extraction and structured logic.

3

Output

Results are presented as a readable overlay directly on the insurance document. Every field is highlighted with the verification result, so your analyst can see exactly what passed, what failed, and why, without switching between screens or cross-referencing manually.

Built-in compliance

Full audit trail on every extraction, comparison, and routing decision

Every action is logged and traceable for compliance review

Verification logic adapts to your deal types and requirements

Verification

Verification Coverage

Serial numbers
Asset descriptions
Equipment schedule cross-referencing
Loss payee designations
Actual cash value
Deductible
Endorsement requirements
Policy dates
Policy expiration
Insurer details
Policy number
Entity name matching

Benefits

What This Means for Your Team

Time Savings

Multi-asset COI reviews are the most time-consuming step in pre-funding documentation. Automated field-by-field comparison streamlines the review process, resulting in immense time savings at scale.

Fewer Missed Deficiencies

Manual review at volume means deficiencies get missed. Swift Stack checks every field consistently, catching issues that even experienced analysts can overlook.

More Deal Capacity, Same Team

COI verification handles the repetitive comparison so your team can focus on the exceptions and judgment calls that actually require their expertise.

FAQ

COI Verification Questions

Ready to Rethink Insurance Verification?

Your team reviews COIs every day. Swift Stack makes every review faster, more consistent, and easier to audit.

Or email us directly: hello@swiftstacksolutions.com