Expert Insurance Knowledge
myCOI is committed to providing you with the educational content necessary to better manage risk for your business. Check out our blog, case studies, and ebooks for valuable insight into industry trends and best practices.
Compliance Administrators: Are You Prepared To Pass Your Insurance Exam?
For those that are in compliance, the insurance world is a LOT to understand—and it’s changing constantly. If we were to ask you to take an insurance exam now that reviews all of the key terms and phrases, what they mean, and how they should be applied to your compliance tracking for contractors and third party […]
Learn MoreAdditional Insured Updates You Need to Know
6 words that can change your insurance risk: Caused, in whole or in part Some things are bigger decisions than others – do I eat the whole donut or part of it? When it comes to additional insured endorsements, the stakes are much higher. As we move into 2018, there are changes to the additional […]
Learn MoreIndemnification vs. Insurance
What is the difference between indemnification and insurance? They work best together but serve different purposes. Think of them like a belt and suspenders approach for keeping companies covered from losses. Understanding the unique function of each is important for any risk management strategy. In this article, we clear up the confusion by showing indemnification […]
Learn MoreThe Additional Insured Language in Your Contract May Matter More Than You Realize.
Did you know that case law shows there is a significant difference between a sentence requiring you to be listed as an additional insured on the certificate versus you being endorsed to the policy as an additional insured? For some, this may be a well known fact. But, for others that aren’t as familiar with […]
Learn MoreHave You Ever Heard of a Subcontractor Cutting Corners in Insurance?
If your subcontractors are cutting corners on their insurance coverage, that could mean a world of hurt for your business. Sleep better, let myCOI software do the insurance tracking for you. You know from experience that, when it comes to insurance tracking for your subcontractors, there are many things to watch out for: Ensuring they […]
Learn MoreThe Trend Towards Sophisticated Risk Transfer Language in Construction
The construction industry is ripe with risk. As a general contractor it’s crucial to be clear about risk transfer among subcontractors and insurance carriers. The myCOI team can help. Learn more here! In recent years, construction contracts have become much more sophisticated with their wording and the way they specify risk transfer. (We share more […]
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