by COI Tracker | Nov 22, 2018
As an exec, your job is to make important decisions for your company. Striking deals with vendors and contractors and making sure that your projects and operations proceed without a hitch is all in a day’s work for you. To use war analogies, you’re part of the top...
by COI Tracker | Nov 22, 2018
The entire reason why you’re collecting certificates of insurance (COIs) is that you’re operating under the assumption that you’re listed as an Additional Insured on your vendors’ policy agreements. But what if you’re not? Have you ever considered that possibility...
by COI Tracker | Nov 22, 2018
Risks come in all shapes and sizes. We’ve talked about the four major categories of risks elsewhere, but there are risks that have to do with more than just your operations, your environment or your market. A great example would be the loss of physical and digital...
by COI Tracker | Nov 13, 2018
A good 40% of small businesses are going to experience a general liability claim in one form or another over the next decade, says The Hartford in a relatively recent study. You could always hope that the odds would continue to be in your favor and that all goes well....
by COI Tracker | Nov 9, 2018
If you’re anything like the typical compliance officer doing their job “old school,” you’ve probably experienced wishing that there were more hours in a day. And what compliance officer wouldn’t, considering the amount of paperwork they go through? Between keeping up...
by COI Tracker | Nov 9, 2018
If you’ve been a compliance officer for a while now, you know that collecting and verifying certificates of insurance is as tedious as it is tiring. With all the people you have to communicate with, all the paperwork that you have to go through, you barely have time...
by COI Tracker | Nov 9, 2018
Compliance review is a demanding job: not only are you asked to pore through hundreds of pages of insurance documents, but you’re also in charge of verifying the compliance of every vendor. The work literally never ends, too: the paperwork that you have to do and...
by COI Tracker | Nov 9, 2018
So, you managed to collect certificates of insurance (COIs) from your vendors without a hitch. Congratulations! But don’t go thinking that your job is over just yet. Far from it: you’ve only just begun. One of the most common misconceptions of compliance teams and...
by COI Tracker | Nov 9, 2018
Trouble has a habit of striking when you least expect it. And for your small business, you’re likely to encounter it as one form of a general liability claim or another. Not too long ago, The Hartford, a prominent property and casualty insurance group, released a...
by COI Tracker | Nov 5, 2018
Modern ERPs have an ever-expanding repertoire of things that they can do. If you’re in the manufacturing industry, for example, an ERP can help you throughout the entire process: it can automate a host of things from setting up your supply chain to the distribution of...