Expert Insurance Knowledge
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What Is an ACORD 25 Certificate?
The leading organization for developing standardized certificate of insurance forms is the nonprofit ACORD or the Association for Cooperative Operations Research and Development. ACORD publishes and maintains an extensive list of standardized forms to make it easier for everyone in the industry to work together. As your business grows, you will probably start to accumulate […]
Learn MoreCustomer Asking for Certificate of Insurance
If your customer wants a certificate of insurance from you, you should know that it’s not a scary or unwarranted ask, just a simple business practice that is helping to ensure both of your protection. Follow along as we dive into some common questions surrounding certificate of insurance services, such as why a customer would […]
Learn MoreHow do I get an insurance certificate?
Running a business comes with a lot of inherent risks. With each new project you begin, product you launch, or employee you hire, you are adding a new layer of risk to your operations. The modern solution that we’ve found for mitigating these risks, and protecting yourself and your company from financial fallouts, is insurance. […]
Learn MoreWhat is a Certificate of Insurance?
Business partnerships are built on trust. But trust alone is not enough to uphold a successful contractual relationship—in most cases, you need proof of things like insurance coverage in order to walk into a new partnership with confidence. Modern business relationships, in any case where liability is present, and insurance is necessary, are held up […]
Learn MoreWhat Is a COI in Purchasing?
Purchasing, in business, refers to the organized acquisition of goods and services on behalf of a buying entity. Purchasing departments are hugely important in many industries, ensuring that items like raw materials, components, event decorations, etc. arrive in a timely manner and at a reasonable cost. While it may not be the responsibility of the […]
Learn MoreWhat is a legal COI?
Businesses around the world utilize COIs to bolster their business partnerships and gain peace of mind when entering new dealings. Among the many things on business owners’ minds, they must make sure that the people they work with have appropriate insurance coverage as it pertains to their work. Most do so through COIs or Certificate […]
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