myCOI
The leading organization for developing standardized certificate of insurance forms is the nonprofit ACORD or the Association for Cooperative Operations Research and Development. ACORD publishes and maintains an extensive list of standardized forms to make it easier for everyone in the industry to work together. As your business grows, you will probably start to accumulate […]
The leading organization for developing standardized certificate of insurance forms is the nonprofit ACORD or the Association for Cooperative Operations Research and Development. ACORD publishes and maintains an extensive list of standardized forms to make it easier for everyone in the industry to work together. As your business grows, you will probably start to accumulate […]
Any business with an insurance policy, such as general liability insurance or workers’ compensation insurance, has the right as a policyholder to request and receive a COI corresponding to their coverage. A COI, meaning a certificate of insurance, is a very important piece of paper in the business world. It’s essentially a document that validates […]
Any business with an insurance policy, such as general liability insurance or workers’ compensation insurance, has the right as a policyholder to request and receive a COI corresponding to their coverage. A COI, meaning a certificate of insurance, is a very important piece of paper in the business world. It’s essentially a document that validates […]
In the past, as businesses began to purchase insurance policies to protect themselves against potential losses, there was no good way of providing proof of coverage besides through the policy itself. As you may well know, insurance policies are complex and lengthy documents, and verifying coverage by scouring through them is a cumbersome and time-consuming […]
In the past, as businesses began to purchase insurance policies to protect themselves against potential losses, there was no good way of providing proof of coverage besides through the policy itself. As you may well know, insurance policies are complex and lengthy documents, and verifying coverage by scouring through them is a cumbersome and time-consuming […]
Cadence McShane Construction generates nearly $50,000 in annual cost savings while improving compliance more than 30% in six months with myCOI Texas-based Cadence McShane Construction provides general construction, design-build, and construction management services throughout the state and region. The company specializes in the Education, Multifamily, Senior Living, Commercial, and Industrial market sectors. Cadence McShane prides […]
Cadence McShane Construction generates nearly $50,000 in annual cost savings while improving compliance more than 30% in six months with myCOI Texas-based Cadence McShane Construction provides general construction, design-build, and construction management services throughout the state and region. The company specializes in the Education, Multifamily, Senior Living, Commercial, and Industrial market sectors. Cadence McShane prides […]
Manually processing your company’s certificates of insurance (COIs) can take a lot of time, especially if your company hires a large volume of subcontractors or other third parties. Using a certificate of liability insurance form example as a guide can reduce your review time. By having a template to work off, you can spot inaccuracies […]
Manually processing your company’s certificates of insurance (COIs) can take a lot of time, especially if your company hires a large volume of subcontractors or other third parties. Using a certificate of liability insurance form example as a guide can reduce your review time. By having a template to work off, you can spot inaccuracies […]
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 […]
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 […]
The process of managing vendor and subcontractor insurance documentation can be a nightmare for compliance and risk administrators. Receiving certificate of insurance (COI) paperwork on time, verifying every document, checking for contractually required endorsements, and reviewing accuracy—the job can feel like it requires an army. Yet most companies dedicate just a small portion of their staff to […]
The process of managing vendor and subcontractor insurance documentation can be a nightmare for compliance and risk administrators. Receiving certificate of insurance (COI) paperwork on time, verifying every document, checking for contractually required endorsements, and reviewing accuracy—the job can feel like it requires an army. Yet most companies dedicate just a small portion of their staff to […]
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 […]
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 […]
Certificate of insurance management is a complex collection of processes and details. Collecting certificates of insurance for subcontractors can be the easy part. You have to be aware of the certificate of insurance requirements by state. You have to know what to look for on a certificate of insurance for business. If you manually track […]
Certificate of insurance management is a complex collection of processes and details. Collecting certificates of insurance for subcontractors can be the easy part. You have to be aware of the certificate of insurance requirements by state. You have to know what to look for on a certificate of insurance for business. If you manually track […]
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 […]
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 […]