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Constructing A Strong Contract
Contractual Agreements and Their Impact on Additional Insured Endorsements If you’re a project owner, developer, or general contractor, you’re well versed in working with subcontractors. But are you as confident in navigating the challenges you could face when transferring your liability risks to others? In Lockton Companies’ three-page white paper “Constructing A Strong Contract,++” two […]
Learn MoreThe Basics of Additional Insured Endorsements
We’re often asked by our clients to help them understand what an additional insured is and how to make sure they’re properly fulfilling their contract requirements and protecting their business. In its most basic form an additional insured endorsement identifies a specific third party that is covered by another company’s insurance for claims against them. […]
Learn MoreWhy Should I Outsource COI Tracking to myCOI?
Pulling the trigger on new technological solutions for your organization can be a daunting decision. We get that. Our clients have shared many concerns with us before choosing to partner with myCOI for their certificate of insurance tracking and monitoring services. “We currently do it well in house.” Have you sat down with your employees […]
Learn MoreWho needs myCOI Central?
myCOI exists for one reason—to handle the everyday task of managing certificates of insurance and protecting our clients against underinsured claims, costly litigation and failed audits. Regardless of the size of company, when Certificates of Insurance are collected only to confirm they have been received, there is no guarantee that contract requirements are being met. […]
Learn MoreBolstered Economic Growth Can Mean Increased Risk for Construction Firms
The economic upswing over the past few years has been a boon for everyone, and perhaps the construction industry most of all. As a bell-weather industry, construction is always out front of all other industries when it comes to feeling the effects of whatever the economy is trying to do. And right now, that’s growth. […]
Learn MoreDo you have the correct additional insured endorsements?
You have collected a certificate of insurance from your tenant or vendor, but are you listed as an additional insured on the correct additional insured endorsement? The only way to confirm your company is protected is if you and your tenants/vendors have the correct policies and endorsements in place. A certificate of insurance listing additional insured […]
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