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.
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How Would You Respond to Your Board When Asked About Insurance Compliance?
As an executive or a leader in your organization, it’s up to you to ensure you provide a safe environment for your workers and that they have the proper compliance to minimize risk to all parties involved. There are many factors that can feed into risk, but compliance is a major aspect—if not the most […]
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Fraudulent Certificates of Insurance Present Real Risks. Are You Prepared?
In the past, we’ve discussed the risks of fraudulent certificates of insurance and we’ve explained the potential pitfalls involved if each and every certificate of insurance and associated endorsements aren’t carefully reviewed.However, we haven’t demonstrated just how prevalent (and easy!) it can be to create a fake certificate of insurance. As a compliance administrator, you […]
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Insurance Agents Can Provide Ultimate Protection For Their Insureds
As an insurance agent, you want what is best for your clients to protect them from incurring costly insurance lawsuits and litigations. Most agents know that if they fight for their clients’ best interests and make it known that their number one priority is the protection of insureds, that over time they will earn trust […]
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Is Coverage For An Additional Insured Equal to Coverage For A Named Insured?
As an executive at an organization that relies on contractors and vendors, there can be an overwhelming amount of terminology and lingo to keep track of. And on top of that, legislation and rulings can vary from state to state and seemingly small nuances can turn upside down into big legal messes. It’s important that […]
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What’s The Difference Between a Scheduled Endorsement and a Blanket Endorsement
As an executive of an organization that works with contractors and third party vendors on a regular basis, there are many, many insurance terms that are important to understand. While some terms may seem similar, such as blanket and scheduled endorsements, a single word can mean an entirely different type of coverage—and could represent a […]
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Construction Industry Trends For Additional Insureds
Recently, several members of the myCOI team attended the International Risk Management Institute (IRMI) Construction Risk Conference in Orlando, Florida. During their time at the conference, they were able to learn from experienced and respected industry leaders. The IRMI conference offered broad, unbiased education, an unparalleled networking experience, and access to key decision makers in […]
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