Disclaimer

Coverloop is a software tool that helps organizations track certificates of insurance (COIs) from their vendors, extract data from those certificates using AI, and compare that data against configurable requirement rules. Coverloop is a decision-support tool. It does not provide legal advice, insurance advice, or risk management advice, and nothing produced by Coverloop — including extracted data, compliance verdicts, deficiency notices, or reminder emails — constitutes such advice.

AI extraction can be wrong. Certificate data is read from uploaded documents using an AI model. Extracted values (limits, dates, carrier names, coverage flags, and any other field) may be incomplete, misread, or otherwise inaccurate, particularly on low-quality scans or unusual certificate formats. Coverloop surfaces a confidence score and a manual review workflow specifically because AI extraction is not guaranteed to be correct — a human should confirm any extraction before relying on it for an important decision.

Verdicts are not a substitute for professional review. A "Compliant" or "Deficient" verdict reflects only whether the extracted (or manually corrected) data satisfies the rules configured by your organization. It is not a determination of whether a vendor's insurance coverage is adequate, valid, or will respond to any particular claim. Insurance coverage adequacy depends on facts and policy language that a compliance tool cannot fully evaluate. Organizations remain solely responsible for their own vendor risk management decisions and should involve a licensed insurance professional or attorney for anything that matters.

No warranty. Coverloop is provided on an "as is" basis without warranties of any kind, express or implied, regarding accuracy, completeness, or fitness for a particular purpose.

Questions about this disclaimer, or about how Coverloop should be used in your organization's vendor risk program, should be directed to your own legal counsel.