AI-Powered Certificate of Insurance (COI) Tracking Software
AI aims to eliminate the time-consuming elements of COI management while improving accuracy, compliance, visibility, and performance across an organization.
Category: Insurance 101
AI aims to eliminate the time-consuming elements of COI management while improving accuracy, compliance, visibility, and performance across an organization.
A certificate of insurance (or COI) is an essential document in the rental equipment industry that acts as an important safeguard for all parties involved.
Artificial intelligence is not just a buzzword; it’s quickly becoming a game-changer for risk managers and certificate administrators
Indemnity is an insurance term that refers to the principle of “making someone whole again” after they experience a financial loss or damage.
Subrogation is a concept that will often come up when dealing with insurance claims, but it can sound a little confusing if you’re not familiar with it
Course of construction insurance is a policy designed to cover structures during and throughout the building process. Builders’ risk insurance is synonymous.
Course of construction insurance is a policy designed to cover structures during and throughout the building process. Builders’ risk insurance is synonymous.
This type of coverage is also often referred to as builders’ risk insurance, as it protects builders from the financial setbacks that come along with any on-site accidents.
The type of insurance that you’ll need to get will depend on your relationship to the project and other factors
The world of insurance can be very confusing to anyone – especially if the individual handling Certificates of Insurance (COIs) has no insurance background or hasn’t worked with insurance documents or endorsements in the past. And unfortunately, fraudulent COIs – while not extremely common – are certainly used by subcontractors caught in difficult situations and […]