Expert Insurance Knowledge
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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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The Must-Have Functionality That’s Missing From Your AMS
For agents and brokers, an Agency Management System (AMS) is a must-have. From general CRM functionality to policy management to claims tracking, AMS’s are great for day-to-day operations. In the modern insurance world, however, this ‘general’ or ‘baseline’ service will help your agency function, but it’s not going to give you the leading edge required […]
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You’ve Covered Issuance, What About COIs Going In The Other Direction?
For many insurance agents and brokers, dealing with Certificates of Insurance (COIs) is an everyday occurrence. However, the focus is often on COI issuance rather than COI collection and review. Responding to a request for a COI and ensuring the policy includes the required coverage is a critical part of protecting your clients, but managing their inbound COI’s […]
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Tenant Onboarding: Best Practices to Ensure Compliance
For commercial property managers handling dozens or hundreds of commercial tenants at a time, facilitating a stress-free move-in can be difficult. There are so many things to sign off on before you hand over the keys! While there is no shortage of boxes to check off during tenant onboarding, one of the most critical is […]
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Contractors Pollution Insurance
Until the mid-1980s, pollution liability was covered under the standard commercial general liability (CGL) policy. However, insurers began excluding pollution liability under the CGL policy, creating the need to purchase separate coverage for pollution liability. Contractors now must purchase Contractor Pollution Liability (CPL) coverage to ensure protection. For many contractors, environmental risk has traditionally fallen […]
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Insurance and Cannabis: What You Need to Know
Once a novelty industry in a handful of states, the cannabis industry has experienced an incredible boom of growth over the last few years. Today, 29 states (plus the District of Columbia) have legalized medical marijuana and eight states plus D.C. permit the recreational use of marijuana substances. This growth, however, has not been without […]
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