by COI Tracker | Oct 28, 2018
If somebody asked you what your firm’s compliance percentage for certificates of insurance (COIs), will you be able to answer? No, we’re not talking about hazarding a guess here. Do you have confidence that you’ll be able to give an answer that’s more than an educated...
by COI Tracker | Oct 28, 2018
If you’ve done compliance or insurance tracking for any length of time, you know that it gets pretty tedious pretty fast. Keeping track of all the required information from certificates of insurance, insured endorsements, and subrogation waivers can get frustrating if...
by COI Tracker | Oct 28, 2018
Anyone who’s spent at least half a day working in the insurance industry has probably seen the ACORD logo on a few documents. For the uninitiated, the Association for Cooperative Operations Research and Development (ACORD) is the non-profit organization in charge of...
by COI Tracker | Oct 26, 2018
Risks are part and parcel of any business endeavor. The adage goes “you cannot discover new oceans unless you leave your shore.” But that doesn’t give you license to underprepare and build a raft of sticks, or allow your craft to fall to disrepair mid-voyage. To stay...
by COI Tracker | Oct 26, 2018
In a perfect world, every contractor you hire will finish their jobs without a hitch 100% of the time, and the only time you’ll ever have to get in touch with them again is when you want them to be part of your next project. In real life, though, that scenario is...
by COI Tracker | Oct 26, 2018
Certificates of insurance (COIs) are issued to you by Insurers, partly as a guarantee that there’s an actual policy behind an Insured for a particular risk, and partly as a summative document that describes the terms of that policy. Translation: it’s not a legal...
by COI Tracker | Oct 26, 2018
It’s true that business is built on hard work. But it’s also true that business is always a gamble: there are always risks that could make it all go crashing down, some of them you can see, some them are hidden in the woodwork. While you can’t do much about what you...
by COI Tracker | Oct 25, 2018
Keeping track of insured compliance is an important aspect of managing your company’s risks. However, there’s a lot of paperwork involved, on top of the certificates of insurance (COIs) that you have to keep track of on a regular basis. And sometimes, the load just...
by COI Tracker | Oct 25, 2018
In a previous post, we briefly covered how the A.M. Best website could help you verify the legitimacy of particular COIs. In this post, we’ll briefly cover a few other things that this indispensable website can do for you and your business. First things first, A.M....
by COI Tracker | Oct 24, 2018
At first glance, certificate of insurance (COI) tracking may seem like it’s a pretty straightforward process. But if you’ve been doing it for a while, you know that it’s anything but easy. For one, it’s one of those jobs where you need to have 100% accuracy all the...
