Question & AnswerQ&A (LTO MEMORANDUM CIRCULAR AHS-2010-1328)
The Insurance Commission's COC Gateway (ICG) is a system established to connect with the Land Transportation Office's (LTO) Certificate of Cover Verification Facility (COCVF) for verifying certificates of cover related to motor vehicle insurance.
The connectivity between the Insurance Commission's COC Gateway and the LTO's Certificate of Cover Verification Facility became effective on June 25, 2010.
The Certificate of Cover Verification Facility (COCVF) System A was no longer available for connected insurance companies after the establishment of the new connectivity.
The PIRA's Certificate of Cover Authentication Facility (COCAF) was provided direct access only until July 5, 2010.
Starting July 5, 2010, only Compulsory Third Party Liability (CTPL) policies directly received from the Insurance Commission were accepted for processing registration transactions.
No, there were no changes implemented in the Motor Vehicle Registration System (MVRS) that required new procedures for processing new and renewal vehicle registrations.
The memorandum signifies the integration of insurance verification systems, enhancing the accuracy and reliability of motor vehicle insurance validation during registration by linking the Insurance Commission's system directly with the LTO's verification facility.
The Insurance Commission is responsible for providing the COC Gateway that interfaces with the LTO's Certificate of Cover Verification Facility to verify vehicle insurance certificates.
Establishing connectivity aims to streamline and secure the verification process of mandatory vehicle insurance certificates, ensuring compliance with insurance requirements under Philippine law for vehicle registration and operation.