Expert Insurance Knowledge
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The Importance of Collecting & Reviewing Additional Insured and Waiver of Subrogation Endorsements
We know how demanding your job can be, and often times finding the time to review endorsements to ensure your vendor’s insurance agency has done their job appropriately can be yet another task that falls to the wayside. With so many other priorities on your plate, collecting and reviewing your vendor’s additional insured and waiver […]
Learn MoreEnsuring You Have a Contract in Place is a Start… But Does it Reflect Adequate Language?
As the contract manager of a company that works with other subcontractors or vendors, the insurance verification process can be incredibly daunting – especially when one minor mistake or an overlooked item can mean serious repercussions. In the following post, we’ll explore the following 3 key considerations: Importance of a signed contract Additional insured endorsements […]
Learn MoreThere can be Big Differences Between a Certificate Holder & an Additional Insured
You serve as an executive at a construction or heavy manufacturing firm. You rely on your insurance policies to protect the company and its employees. As for the subcontractors and other third parties working on the job, do you trust their policies to cover your company against property damage and bodily injury claims as well? […]
Learn MoreBehind on Certificate of Insurance Tracking? It’s Impacting Your Bottom Line.
Risks are involved in every area of a business. As an executive, you are continually weighing the options and challenges of every decision. You know that firsthand and probably think about the potential risks your business could face on a daily basis. That’s why you and the rest of your executive team take extra precautions […]
Learn MoreHow Insurance Agents Are Grabbing Massive Earning Potential
Let’s face it: insurance has become a cutthroat industry. And clients, unfortunately, have little loyalty to their agents. Successful agents are putting themselves at a competitive advantage by going beyond the policies and helping their clients boost compliance, save time, and improve internal processes. By offering unique services and adding incredible value these agents are […]
Learn MoreWhat would an audit of your certificates of insurance reveal?
You all know this, a certificate of insurance is only a snapshot of insurance coverage at that date and time. In order to minimize confusion of a COI to actual coverage, agents know to use the ACORD forms, never alter the language of the COI and not to represent coverages on the certificate that do […]
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