Construction isn’t as simple as some people might think. Contractors have to be hired. Materials must be delivered and assembled. Permits must be acquired and timelines followed. Anything can go wrong during a project. Equipment can malfunction. Weather can delay progress. On-site injuries can send projects spiraling beyond budgets and deadlines. A construction company has […]

As someone who is in charge of ensuring compliance for all of your organization’s contractors and vendors, you have a lot of responsibilities on your plate. Not only is it your responsibility to collect and review all certificates of insurance for all potential workers, but you also need to review endorsements, check on insurance renewals […]

Most insurance brokers would say they face immense competition and often have a difficult time differentiating their offerings and services. Would your brokerage agree? How do you ensure that your brokerage stands apart? Are you able to provide access to more competitive markets, or above and beyond service offerings to make sure your insureds are […]

You know how important ensuring compliance of all your contractors and 3rd party vendors is to the ongoing success of your organization. One simple mistake or an overlooked item or unchecked policy could mean thousands of dollars in legal charges. As a leader, you need to have complete confidence that your team will make the […]

When it comes to certificate of insurance (COI) tracking and all of the processes that go along with ensuring compliance for subcontractors or 3rd party vendors, missing an important element can be detrimental to your company’s financial health and future. In addition, your compliance staff may be unintentionally wasting time by using various manual systems, […]

Despite how good a company is at keeping up with certificate of insurance compliance, the goal of any company should always be to improve their compliance rates—along with the tracking processes. Since each compliant COI represents protection from significant risk, the financial security of your company depends on keeping the compliance rate as high as […]

As you know all too well, the Certificate of Insurance (COI) is a very important document, and as someone who is tasked with tracking the certificates, you know there is a lot of pressure associated with the process. From collecting and reviewing all of the documents and policies, to following up with the subcontractors and […]

If your COI or compliance administrators are manually tracking insurance certificates by using accounting software and coordinating different systems with all of the 3rd party vendors and subcontractors in the pipeline, then it’s likely they are spending a significant amount of time spinning their wheels. For each COI, they have to reach out to collect, […]

If you’re still manually tracking Certificates of Insurance (COIs) and endorsements for every single subcontractor or 3rd party vendor, then you know better than anyone else what a task that can be, especially since the cycle never ends. With so many systems that you need to use for insurance tracking, do you ever wish the […]

Originally created by the Venture Club of Indiana in 2009, The Innovation Showcase is Indiana’s premier event for capital sources to connect with fundable companies and took place at the Dallara Indycar Factory on July 14th, 2016. The two-day event was a celebration of Indiana’s vibrant and diverse startup community and attracted prominent investors, entrepreneurs, and other […]