Tag: efficiency

You’ll Never Reach 90% COI Compliance Without The Right Processes

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 […]

Written by myCOI on October 4, 2016

You’ll Never Reach 90% COI Compliance Without The Right Processes

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 […]

Written by on October 4, 2016

How Much Time Do You Waste Using Different Insurance Tracking Systems?

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 […]

Written by myCOI on August 31, 2016

Tip# 1 – The “INSURED” Box

Where do I start? So you’ve gone through the process of obtaining Certificates of Insurance from all your subcontractors/vendors/franchisees/tenants. What’s next? You want to review them, right? You’re probably thinking ‘Where do I start’? Start at the beginning! Let’s take a look at one of the very first boxes at the top of an ACORD […]

Written by myCOI on August 26, 2016

Tip# 1 – The “INSURED” Box

Where do I start? So you’ve gone through the process of obtaining Certificates of Insurance from all your subcontractors/vendors/franchisees/tenants. What’s next? You want to review them, right? You’re probably thinking ‘Where do I start’? Start at the beginning! Let’s take a look at one of the very first boxes at the top of an ACORD […]

Written by on August 26, 2016

Behind on Certificate of Insurance Tracking? It’s Impacting Your Bottom Line.

Risks are involved in every area of a business. As an executive, you are continually weighing the options and challenges of every decision. You know that firsthand and probably think about the potential risks your business could face on a daily basis. That’s why you and the rest of your executive team take extra precautions […]

Written by myCOI on July 19, 2016

Why Should I Outsource COI Tracking to myCOI?

Pulling the trigger on new technological solutions for your organization can be a daunting decision. We get that. Our clients have shared many concerns with us before choosing to partner with myCOI for their certificate of insurance tracking and monitoring services. “We currently do it well in house.” Have you sat down with your employees […]

Written by myCOI on April 3, 2015

Why Should I Outsource COI Tracking to myCOI?

Pulling the trigger on new technological solutions for your organization can be a daunting decision. We get that. Our clients have shared many concerns with us before choosing to partner with myCOI for their certificate of insurance tracking and monitoring services. “We currently do it well in house.” Have you sat down with your employees […]

Written by on April 3, 2015