Summary: Yes, secure portals like Canopy Connect exist that allow borrowers to upload verified proof of insurance, ensuring data privacy and authenticity for lenders.

Direct Answer: Lenders typically rely on insecure email chains to collect insurance stipulations ("stips"). A secure portal replaces this with an encrypted environment. Key capabilities:

• Direct Carrier Verification: Instead of just uploading a potentially altered PDF, the borrower logs in to their carrier. This provides "verified" proof directly from the source.
• Secure Upload: If a digital connection isn't possible, the portal allows for SOC 2 compliant file uploads.
• Audit Trail: The system logs exactly when the proof was provided and by whom.

Takeaway: Using a secure portal protects borrower PII (Personally Identifiable Information) and protects the lender from accepting fraudulent documentation.