Tag: Risk Management & Compliance Insights
The documents produced by The American Institute of Architects (AIA) are the most widely used standard form contracts in the construction industry, according to the AIA of Louisiana. These AIA contracts facilitate communications among all the parties involved in construction, which makes it easier to produce a high quality project in a timely and economical […]
Written by myCOI on August 16, 2017
The documents produced by The American Institute of Architects (AIA) are the most widely used standard form contracts in the construction industry, according to the AIA of Louisiana. These AIA contracts facilitate communications among all the parties involved in construction, which makes it easier to produce a high quality project in a timely and economical […]
Written by marketing@bohu.digital on August 16, 2017
Here at myCOI, we love to give you the facts and dig deep into important topics that you and your organization face on a daily basis. Whether you’re facing compliance hiccups, CGL issues, or vendors trying to sneak something past you on your COIs, we get it, because we’re made up of a team of highly […]
Written by myCOI on August 10, 2017
Here at myCOI, we love to give you the facts and dig deep into important topics that you and your organization face on a daily basis. Whether you’re facing compliance hiccups, CGL issues, or vendors trying to sneak something past you on your COIs, we get it, because we’re made up of a team of highly […]
Written by marketing@bohu.digital on August 10, 2017
Carefully managing one insurance policy can be complicated enough, but there are many scenarios when multiple sources of coverage may protect you, your hired third parties, and/or companies you enter business relationships with. In the event of a loss or a claim that could be covered by more than one insurance policy, the process for […]
Written by myCOI on July 19, 2017
Carefully managing one insurance policy can be complicated enough, but there are many scenarios when multiple sources of coverage may protect you, your hired third parties, and/or companies you enter business relationships with. In the event of a loss or a claim that could be covered by more than one insurance policy, the process for […]
Written by Kristen.Nunery@illumend.ai on July 19, 2017
It’s key to understand the precise wording of additional insured endorsements and accompanying exclusions.
Written by myCOI on July 13, 2017
It’s key to understand the precise wording of additional insured endorsements and accompanying exclusions.
Written by developer on July 13, 2017
The Experience Modification Rate goes by many names: EMR, E-Mod, MOD Rate, Experience Rating, or Experience Modification Rate. But regardless of what term you use, it’s a very important one to understand—especially as it relates to those that your organization does business with on a regular basis. This rate is a number used by insurance […]
Written by myCOI on June 13, 2017
The Experience Modification Rate goes by many names: EMR, E-Mod, MOD Rate, Experience Rating, or Experience Modification Rate. But regardless of what term you use, it’s a very important one to understand—especially as it relates to those that your organization does business with on a regular basis. This rate is a number used by insurance […]
Written by marketing@bohu.digital on June 13, 2017
Did you know that 40% of insurance agency errors and omissions claims are related to false information on certificates of insurance? That’s an astounding percentage when considering all of the other possible claims. It goes to show just how dangerous it can be to trust the COI without the supporting endorsements. What is an Error […]
Written by myCOI on June 6, 2017
Did you know that 40% of insurance agency errors and omissions claims are related to false information on certificates of insurance? That’s an astounding percentage when considering all of the other possible claims. It goes to show just how dangerous it can be to trust the COI without the supporting endorsements. What is an Error […]
Written by marketing@bohu.digital on June 6, 2017
Aren’t certificates of insurance supposed to help protect your organization and not hurt it? Yes! However, COIs could be putting you at risk if they’re the only documents your team is relying on to ensure compliance of your third party vendors and subcontractors. Unfortunately, many organizations believe that the COIs they receive are fully accurate […]
Written by myCOI on June 1, 2017
Aren’t certificates of insurance supposed to help protect your organization and not hurt it? Yes! However, COIs could be putting you at risk if they’re the only documents your team is relying on to ensure compliance of your third party vendors and subcontractors. Unfortunately, many organizations believe that the COIs they receive are fully accurate […]
Written by marketing@bohu.digital on June 1, 2017
Your organization likely has two teams—Risk Management and Operations—that both have goals and objectives to meet, but many times have very different perspectives on how to reach those goals. On one hand, the Risk Management Team likely isn’t as concerned about time, efficiency or even cost savings. Their main objective? Ensure that every individual across […]
Written by myCOI on May 30, 2017
Your organization likely has two teams—Risk Management and Operations—that both have goals and objectives to meet, but many times have very different perspectives on how to reach those goals. On one hand, the Risk Management Team likely isn’t as concerned about time, efficiency or even cost savings. Their main objective? Ensure that every individual across […]
Written by marketing@bohu.digital on May 30, 2017
myCOI, a provider of cloud-based software for tracking and managing certificates of insurance, announced plans to expand its headquarters in Indianapolis, creating up to 185 jobs by 2021. myCOI aims to ease the process for businesses that collect certificates of insurance (COI’s) by offering a software platform that provides a single place to view your […]
Written by myCOI on May 24, 2017
myCOI, a provider of cloud-based software for tracking and managing certificates of insurance, announced plans to expand its headquarters in Indianapolis, creating up to 185 jobs by 2021. myCOI aims to ease the process for businesses that collect certificates of insurance (COI’s) by offering a software platform that provides a single place to view your […]
Written by marketing@bohu.digital on May 24, 2017
If your organization’s accounting team was off by $100 or $1,000 dollars in their ledger, wouldn’t the team work hard to try and find why the money was off? Doesn’t every dollar matter when it comes to ensuring your accounts are balanced? The same should be just as true for your compliance team that’s in […]
Written by myCOI on May 9, 2017
If your organization’s accounting team was off by $100 or $1,000 dollars in their ledger, wouldn’t the team work hard to try and find why the money was off? Doesn’t every dollar matter when it comes to ensuring your accounts are balanced? The same should be just as true for your compliance team that’s in […]
Written by marketing@bohu.digital on May 9, 2017