Tag: Fraud Prevention & COI Compliance
The world of insurance can be very confusing to anyone – especially if the individual handling Certificates of Insurance (COIs) has no insurance background or hasn’t worked with insurance documents or endorsements in the past. And unfortunately, fraudulent COIs – while not extremely common – are certainly used by subcontractors caught in difficult situations and […]
Written by myCOI on January 31, 2024
The world of insurance can be very confusing to anyone – especially if the individual handling Certificates of Insurance (COIs) has no insurance background or hasn’t worked with insurance documents or endorsements in the past. And unfortunately, fraudulent COIs – while not extremely common – are certainly used by subcontractors caught in difficult situations and […]
Written by marketing@bohu.digital on January 31, 2024
Here’s a real case study that should make every admin shiver just a little. Read what happens when inappropriate manual safeguards permit a fake certificate to slip through the cracks! Most in the business of insurance know that fake certificates of insurance are a real threat. Unfortunately, though, many aren’t aware of how common fake certificates may […]
Written by myCOI on June 24, 2023
Here’s a real case study that should make every admin shiver just a little. Read what happens when inappropriate manual safeguards permit a fake certificate to slip through the cracks! Most in the business of insurance know that fake certificates of insurance are a real threat. Unfortunately, though, many aren’t aware of how common fake certificates may […]
Written by Faith Prescott on June 24, 2023
If you’re responsible for tracking and verifying your third party’s certificates of insurance, then you should be aware of their importance. Legitimate certificates typically reflect valid coverage. However, in these difficult economic times, some people can’t afford insurance and will forge documents that show they are covered when they’re not. The reason for their dishonesty […]
Written by myCOI on February 1, 2021
If you’re responsible for tracking and verifying your third party’s certificates of insurance, then you should be aware of their importance. Legitimate certificates typically reflect valid coverage. However, in these difficult economic times, some people can’t afford insurance and will forge documents that show they are covered when they’re not. The reason for their dishonesty […]
Written by Faith Prescott on February 1, 2021
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 […]
Written by myCOI on 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 […]
Written by developer on February 5, 2020
It’s really not all that difficult to create fraudulent certificates. Does your compliance team know what to look for? Here are a few tips and how the myCOI team can help prevent costly litigation. Have you ever attempted to Google “Certificate of Insurance Templates”? The results might surprise you as there are many templates available […]
Written by myCOI on September 20, 2017
It’s really not all that difficult to create fraudulent certificates. Does your compliance team know what to look for? Here are a few tips and how the myCOI team can help prevent costly litigation. Have you ever attempted to Google “Certificate of Insurance Templates”? The results might surprise you as there are many templates available […]
Written by marketing@bohu.digital on September 20, 2017