Category: Insurance 101

COVID-19 Resources for Construction and Property Management Businesses

April 14, 2020

The news never stops regarding COVID-19. If your business is looking for assistance, it might seem impossible knowing where to begin. Don’t worry – we’ve got you covered. The myCOI team has been scouring websites, news outlets, and legislative updates to compile a one-stop-shop of valuable digital resources. This list provides federal, state, and industry-specific […]

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COVID-19 Legislative and Legal Updates for Construction and Property Management

April 7, 2020

Tracking legislation and litigation relating to COVID-19 may feel like a full-time job, so myCOI is here to help. In this article, we give a quick rundown of new bills, judicial cases, and issues to keep an eye on in the coming weeks specific to the construction and property industries.  Business Interruption Coverage Debates Head […]

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A Message From Our CEO: When Tough Times Bring out the Best in Us

March 24, 2020

Authored by Kristen Nunery, myCOI Founder and CEO At myCOI, we have two jobs: operating to erase the worry around certificate of insurance (COI) tracking for our customers and serving as their defender against risk. As our country navigates these uncertain times, our jobs are as important as ever. While COVID-19 may keep us apart, […]

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COVID-19 and Commercial Real Estate Insurance: Are You Protected?

March 19, 2020

In the last few weeks, we have received several calls from our commercial real estate clients asking if their insurance provides coverage for the impacts of COVID-19. They are right to worry about a loss of income with tenants out of work and several businesses closing their doors temporarily. Unfortunately, our answer to the simple […]

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Subcontractor Insurance Fraud: Seven Strategies for Fighting Back

February 5, 2020

Are you an insurance fraud ninja?  Do you understand the enemy? Can you spot scams before they become threats? Do you have stealth moves for evading danger? Can you confidently fight deceptive attacks?  If your ninja skills could use some work, the myCOI team is here to teach you some new moves. We’ve been honing […]

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Five Ways Blockchain and Artificial Intelligence are Changing Insurance

December 30, 2019

Insurance, compared to other industries, has not experienced a significant wave of innovation. In fact, this multi-trillion-dollar industry operates largely as it did a century ago. As we look forward to 2020 and the next decade, will insurance continue as it has in the past or make a significant leap into the future? We’re betting […]

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Rules for Insurance Non-Compliance: Winning at Risk Management

December 17, 2019

Frequent readers of this blog know myCOI is all about preventing risk through insurance compliance. But what happens when a tenant, vendor, contractor, or other third party falls out of compliance? Unfortunately, no risk mitigation program can perfectly prevent an entity from letting their insurance lapse, but it can react quickly and appropriately when contracted […]

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Five Frontline Employee Solutions for Risk Management Problems

October 25, 2019

We’ve all heard the saying, “If you aren’t part of the solution, you’re part of the problem.” This phrase seems truest in the world of risk management and insurance compliance where all work centers on preventing and combating trouble. Even in a field designed to handle bad news, everyone hates sending an email with the […]

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The Importance of Insurtech in Staying Competitive as an Agent

September 11, 2019

McKinsey reports that insurtech investments grew from $140 million in 2011 to $2.7 billion in 2015. That’s a nearly 1829% increase in four years! As a result, technology is rapidly bringing ingenuity, innovation and disruption to an industry known for control, caution and stability. With drones conducting inspections to artificial intelligence aiding underwriting and internet-enabled […]

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