Tag: efficiency

Construction Insurance Risk Management

A construction worker experiencing a Falling from a height accident from a scaffolding at a construction worker on the air at construction site, with a caution sign nearby The focus is on the fallen worker and the immediate danger

Written by myCOI on April 29, 2024

Construction Insurance Risk Management

A construction worker experiencing a Falling from a height accident from a scaffolding at a construction worker on the air at construction site, with a caution sign nearby The focus is on the fallen worker and the immediate danger

Written by on April 29, 2024

Construction Risk Management

A construction worker experiencing a Falling from a height accident from a scaffolding at a construction worker on the air at construction site, with a caution sign nearby The focus is on the fallen worker and the immediate danger

Written by myCOI on April 21, 2024

Construction Risk Management

A construction worker experiencing a Falling from a height accident from a scaffolding at a construction worker on the air at construction site, with a caution sign nearby The focus is on the fallen worker and the immediate danger

Written by on April 21, 2024

What Is An ACORD 28?

In many cases, when lenders make loans secured by real estate, they’ll want to ensure that the borrower has property insurance and a sufficient level of it to pay off the loan in the case of damages.  These lenders rely on getting proper proof of coverage through documents called certificates of insurance (COIs) for a […]

Written by myCOI on February 2, 2024

What Is An ACORD 28?

In many cases, when lenders make loans secured by real estate, they’ll want to ensure that the borrower has property insurance and a sufficient level of it to pay off the loan in the case of damages.  These lenders rely on getting proper proof of coverage through documents called certificates of insurance (COIs) for a […]

Written by on February 2, 2024

ACORD 27 Form

Long ago, before the formation of the Association for Cooperative Operations Research and Development organization, or ACORD, there was little to no standardization in the insurance industry. Every insurer essentially created its own policy forms, causing confusion and differentiation in a sector that could sorely benefit from one “correct” way to do things. Thus, a […]

Written by myCOI on January 21, 2024

ACORD 27 Form

Long ago, before the formation of the Association for Cooperative Operations Research and Development organization, or ACORD, there was little to no standardization in the insurance industry. Every insurer essentially created its own policy forms, causing confusion and differentiation in a sector that could sorely benefit from one “correct” way to do things. Thus, a […]

Written by on January 21, 2024

ACORD Certificate of Property Insurance

The Association for Cooperative Operations Research and Development, known in shorthand as ACORD, is a nonprofit organization that issues and archives insurance forms. The forms they’re most known for standardizing are ones we talk about a lot: certificates of insurance, also known as COIs. Read on as we discuss the importance of ACORD certificates in […]

Written by myCOI on December 16, 2023

ACORD Certificate of Property Insurance

The Association for Cooperative Operations Research and Development, known in shorthand as ACORD, is a nonprofit organization that issues and archives insurance forms. The forms they’re most known for standardizing are ones we talk about a lot: certificates of insurance, also known as COIs. Read on as we discuss the importance of ACORD certificates in […]

Written by on December 16, 2023

Is a COI the Same as a Declaration Page?

Certificate of insurance Services, or COIs, are commonly used documents in business transactions where one party needs to verify another’s insurance coverage. This happens in many different scenarios across industries, such as when hiring contractors for a construction job or working with any third-party service providers.  Declaration pages are also popular insurance-related documents—but they do […]

Written by myCOI on October 27, 2023

Is a COI the Same as a Declaration Page?

Certificate of insurance Services, or COIs, are commonly used documents in business transactions where one party needs to verify another’s insurance coverage. This happens in many different scenarios across industries, such as when hiring contractors for a construction job or working with any third-party service providers.  Declaration pages are also popular insurance-related documents—but they do […]

Written by on October 27, 2023

How Expensive Is a COI?

As you may already know, without a proper certificate of insurance services (COI) collection and management process in place, you could be opening up your business to the risk of underinsured claims, costly litigation, failed audits, and more. Many people still have lots of questions about COIs, including what they do and the costs associated […]

Written by myCOI on October 22, 2023

How Expensive Is a COI?

As you may already know, without a proper certificate of insurance services (COI) collection and management process in place, you could be opening up your business to the risk of underinsured claims, costly litigation, failed audits, and more. Many people still have lots of questions about COIs, including what they do and the costs associated […]

Written by on October 22, 2023

Can I Make My Own COI?

We’ve said it before, and we’ll say it again: certificate of insurance services are hugely important documents. If you’re not sure what a COI is or are still confused about the details, don’t worry; our team of industry experts is here to provide the support that you need! Certificates of insurance (COIs) most commonly fill […]

Written by myCOI on October 13, 2023

Can I Make My Own COI?

We’ve said it before, and we’ll say it again: certificate of insurance services are hugely important documents. If you’re not sure what a COI is or are still confused about the details, don’t worry; our team of industry experts is here to provide the support that you need! Certificates of insurance (COIs) most commonly fill […]

Written by on October 13, 2023