Occupier & Billy Bridge the Lease Insurance Compliance Gap

Last Updated on February 25, 2025 by Amanda Lee

Commercial tenants face increasingly complex compliance requirements across lease administration, lease accounting, and vendor insurance management. Today, we’re excited to announce our partnership with Billy, the leading construction insurance compliance platform, to create a unified workflow that streamlines both lease and insurance compliance management.

The Lease Insurance Compliance Connection

Every commercial lease contains detailed insurance requirements that tenants must maintain throughout their occupancy. Real estate leaders and general contractors must also ensure their vendors maintain proper insurance coverage to protect all parties involved. Managing these requirements has traditionally been a manual process involving spreadsheets, email chains, and repetitive document reviews.

Occupier’s lease administration platform has long helped companies manage their lease obligations, rent financials and legal clauses. Now, through our partnership with Billy, we are better enabling visibility into your insurance requirements from lease documents.

“Insurance compliance has long been a “pain in the ask” for property owners, commercial tenants, and builders that service that real estate. By partnering with Occupier, we’re creating a seamless workflow that removes the manual burden of tracking insurance requirements and lease compliance.” says Nyasha Gusta, Founder & CEO of Billy. “This collaboration empowers businesses to stay ahead of lease obligations, reduce risk exposure, and enhance operational efficiency through automation and real-time visibility.“

Streamlining Insurance Compliance

Billy’s powerful automation transforms the traditionally manual process of insurance compliance management into a streamlined, efficient workflow. The platform automatically extracts insurance requirements from lease documents, eliminating the time-consuming task of manual review. Through intelligent automation, Billy facilitates the collection of vendor Certificates of Insurance (COIs) and uses AI-powered technology to verify insurance coverage against specific requirements in real-time. The system continuously monitors compliance status and sends automated notifications when action is needed, ensuring nothing falls through the cracks.

“Partnering with Billy allows us to close the gap between lease obligations and insurance compliance. Lease requirements can be intricate, but together Occupier and Billy enhance transparency in the compliance process.” says Andrew Flint, Co-Founder of Occupier. “This partnership ensures alignment across both internal and external construction teams, making it easier to understand and meet insurance requirements.”

Lease Insurance Compliance Risk Mitigation

The strategic partnership between Occupier and Billy helps organizations effectively manage their compliance risks across both lease administration and insurance requirements.

Through Occupier, organizations can confidently track and manage their lease obligations, ensuring they meet critical deadlines and maintain accurate financial reporting. For insurance compliance, Billy’s specialized platform automates the verification of insurance coverage and streamlines vendor COI management, significantly reducing the risk of non-compliance.

Together, these complementary solutions help organizations:

• Enhance Vendor Management: Maintain strong relationships through efficient lease and insurance compliance processes
• Strengthen Compliance Oversight: Access specialized tools for managing both lease and insurance requirements with expert platforms
• Reduce Administrative Burden: Streamline compliance workflows through purpose-built automation and digital document management
• Minimize Coverage Gaps: Stay ahead of lease obligations and insurance requirements with proactive monitoring and alerts
• Improve Risk Visibility: Gain clear insights into compliance status across both lease and insurance requirements

Lease Insurance Compliance Summarized 

Managing both lease and insurance compliance effectively is critical for risk mitigation and operational success. This partnership between Occupier and Billy represents an innovative approach to addressing these challenges by connecting organizations with specialized solutions for both lease administration and insurance compliance management.

For commercial real estate teams seeking to modernize their compliance processes, Occupier’s lease administration platform and Billy’s insurance compliance solution offer complementary tools to help organizations stay ahead of their obligations. Together, we’re committed to helping businesses reduce risk, improve efficiency, and maintain robust compliance programs across their real estate operations.

To learn more about how this integration can benefit your organization, contact our team today.