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The 5 Metrics Many Property Managers Aren’t Tracking (but Should be)
Property managers – are you getting the job done? If insurance compliance data did not inform the answer, your company may have a risky blind spot that could cost millions in time and money. No shortage of key performance metrics (KPMs) exist in business. The adage of “what gets measured gets managed” holds true. Property […]
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How COI Tracking and Compliance Helps Property Managers Win Business
“What makes you better than the rest?” The answer to this critical question distinguishes property management companies among their more than 10,000 competitors operating within the US. With so many options, landlords need more than referrals and rates to vet management companies. They want a unique proposition that protects their investment and income. Property management […]
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Insurance Geeks, Here’s How to Get Down to the Basics for Your Insureds
Insured: We’re updating our contract language. Do you have any suggestions for our standard insurance requirements? Agent: I’d be happy to help! For the standard, you’ll want to require 1/2/2 limits on GL with the 2010 and 2037 AI endorsements or equivalent, primary & non-contributory, and a waiver of subrogation, oh, and at least $1M […]
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Compete in a Crowded Industry with the Right Insurance Technology
It’s no secret that modern technology is finally making its way to insurance agencies in a big way. With new services, new companies, and even new conferences and events dedicated entirely to the insuretech space popping up all the time, it can be difficult for an insurance agent or broker to feel confident about which […]
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Why Property Managers Need COIs From EVERY Company Working on the Property
For property managers managing multiple properties and projects, keeping all of the moving pieces in line can be difficult. One thing that should never slip through the cracks, however, are insurance certificates from tenants, vendors, suppliers and contractors. Insurance is fundamental to cover any claims or losses for which the tenant, vendor, supplier or contractor […]
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What You Need To Be Tracking When You’re In An OCIP/CCIP
If you’re a construction developer, project owner, or general contractor, you’re familiar with the world of wrap ups. Owner Controlled Insurance Programs (OCIPs) and Contractor Controlled Insurance Programs (CCIPs) consolidate insurance coverage for contractors and subcontractors working on a job site into one blanket policy, purchased and controlled by the developer, project owner or general […]
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