If you are an independent insurance agent, then you know that you have a lot to do on your own. Without the backing of a national issuer, you have to fight an uphill battle to keep your agency solvent. You need an advantage or, in the least, assistance to even the playing field. Agency management […]

The 2021 economy is outperforming expectations, especially coming out of a global pandemic that brought the world to a standstill. That’s great news for almost everyone—except people working in risk and compliance. More business has compliance administrators operating at the brink. When overworked and under-resourced, errors become inevitable. This is especially true with the traditionally manual compliance […]

INDIANAPOLIS (September 8, 2021) – myCOI, a certificate of insurance (COI) tracking and management solution, today announced it has secured $5 million in debt financing to fuel its continued growth as an industry leader in the COI tracking space. The funding comes from SaaS Capital, a leader in growth debt for B2B SaaS companies. “Since founding […]

The adage says, “work smarter, not harder.” Much easier said than done. Especially before the days of juggling work priorities, virtual schooling, and home duties all thanks to the pandemic. In fact, data shows that among COVID-19’s many impacts, it ushered in longer workdays, more meetings, and additional daily emails. If you constantly feel like […]

Some companies still use spreadsheets to track the certificates of insurance (COIs) they receive from their vendors, contractors, and other third parties. Small companies that hire only a few third parties at a time might find that a COI tracking spreadsheet meets their needs. However, if these companies grow and hire more third parties, their […]

Certificates of insurance (COI) are critical aspects of insurance tracking. COIs help confirm the insurance coverage of the named insured. The process necessitates a keen eye for details and insurance-specific expertise. Achieving accuracy can take time. Missing the mark can cost your company time and money. A certificate of insurance compliance app like myCOI can […]

If you are an insurance agent, then you know how busy your job gets. If you are one of many independent insurance agents, then your job is even more hectic because you don’t have the support of a nationally-known company. Insurance agency management systems can help you do your job more efficiently by automating routine tasks […]

We recognize everyone is being affected by the COVID-19 pandemic, but some more than others. In natural myCOI fashion, we quickly united to offer employees, friends, and family members an outlet to make a difference while remaining safe and healthy. We created a GoFundMe campaign to raise funds to help our local community and those […]

Stop Choosing Between Insurance Compliance as a “Nice to Have” or “Must Have” How can a business focus on insurance risk management when during a pandemic everything feels like risk management? Business uncertainties and ad hoc cost pressures are creating tough decisions. Having launched myCOI during the recession of 2008-09, we know a fundamental truth: […]

Whether a project is worth $10,000 or $10,000,000, your company probably is issuing some form of a request for proposal or RFP. Far too often risk management begins once a winning bid is selected, but in our opinion, this is too late. RFPs offer an excellent avenue for establishing risk mitigation as a project priority […]