COI Tracker Latest Updates

Attention, Execs: Are You Overworking Your Compliance Admins?

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...

Are You Prepared for a Natural Disaster?

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...

Drowning in Compliance Paperwork? That’s Par for the Course…

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...

Are you Checking More than the Expiration Dates?

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...

Why Manual COI Tracking is More Expensive Than You Think

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...

4 Things No One Tells You About COIs

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...

Will You Be Part of the 40%?

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...

ERPs, COI Tracking Software, and You

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...