Tag: Risk Management & Compliance Insights
Understanding how to verify insurance coverage in business is a fundamental part of risk management, compliance, and responsible business conduct. This essential process not only ensures that individuals and organizations are adequately protected but also that they meet necessary obligations, promoting financial security and confidence. The practice of verifying insurance coverage is crucial across various […]
Written by myCOI on December 1, 2023
Understanding how to verify insurance coverage in business is a fundamental part of risk management, compliance, and responsible business conduct. This essential process not only ensures that individuals and organizations are adequately protected but also that they meet necessary obligations, promoting financial security and confidence. The practice of verifying insurance coverage is crucial across various […]
Written by Faith Prescott on December 1, 2023
Events can be an excellent way for businesses to market themselves, for industry professionals to gather together in one space, or simply to have a fun time with guests. However, they can also become a breeding ground for unfortunate circumstances that can lead to costly litigation. Often, event holders will want to obtain event liability […]
Written by myCOI on November 27, 2023
Events can be an excellent way for businesses to market themselves, for industry professionals to gather together in one space, or simply to have a fun time with guests. However, they can also become a breeding ground for unfortunate circumstances that can lead to costly litigation. Often, event holders will want to obtain event liability […]
Written by Faith Prescott on November 27, 2023
If you’re wondering how to get a COI from a vendor, you’ve come to the right place. A certificate of insurance services is an extremely important document in the insurance space. Practitioners and businesspeople everywhere use them to provide proof that they have insurance coverage—or to suss out if someone that they want to work […]
Written by myCOI on October 7, 2023
If you’re wondering how to get a COI from a vendor, you’ve come to the right place. A certificate of insurance services is an extremely important document in the insurance space. Practitioners and businesspeople everywhere use them to provide proof that they have insurance coverage—or to suss out if someone that they want to work […]
Written by Faith Prescott on October 7, 2023
If your customer wants a certificate of insurance from you, you should know that it’s not a scary or unwarranted ask, just a simple business practice that is helping to ensure both of your protection. Follow along as we dive into some common questions surrounding certificate of insurance services, such as why a customer would […]
Written by myCOI on September 15, 2023
If your customer wants a certificate of insurance from you, you should know that it’s not a scary or unwarranted ask, just a simple business practice that is helping to ensure both of your protection. Follow along as we dive into some common questions surrounding certificate of insurance services, such as why a customer would […]
Written by Faith Prescott on September 15, 2023
COLUMBUS, OH (September 14, 2023) – Leading small commercial insurance solution platform, Bold Penguin, recently announced a partnership with myCOI, enabling myCOI users to seamlessly access additional small commercial insurance needs. Bold Penguin’s integrated digital solution platform simplifies small commercial insurance for agents and brokers, empowering them to protect the small and medium-sized businesses (SMB) they serve. myCOI […]
Written by myCOI on September 14, 2023
COLUMBUS, OH (September 14, 2023) – Leading small commercial insurance solution platform, Bold Penguin, recently announced a partnership with myCOI, enabling myCOI users to seamlessly access additional small commercial insurance needs. Bold Penguin’s integrated digital solution platform simplifies small commercial insurance for agents and brokers, empowering them to protect the small and medium-sized businesses (SMB) they serve. myCOI […]
Written by Faith Prescott on September 14, 2023
In the real estate industry, there are various cases where you may need to verify someone’s insurance coverage before hiring them. When a situation like this arises, you’ll use a COI, meaning a certificate of insurance services, to prove that they have the insurance policy and level of coverage that they say they do. Therefore, […]
Written by myCOI on August 21, 2023
In the real estate industry, there are various cases where you may need to verify someone’s insurance coverage before hiring them. When a situation like this arises, you’ll use a COI, meaning a certificate of insurance services, to prove that they have the insurance policy and level of coverage that they say they do. Therefore, […]
Written by Faith Prescott on August 21, 2023
Insurance policies and certificates of insurance services (or COIs, for short) are two very important legal documents in our space—but a lot of confusion exists around which one is which. Insurance policies can exist without certificates of insurance, but certificates of insurance could not exist without corresponding insurance policies, and in this blog, we’ll explain […]
Written by myCOI on August 11, 2023
Insurance policies and certificates of insurance services (or COIs, for short) are two very important legal documents in our space—but a lot of confusion exists around which one is which. Insurance policies can exist without certificates of insurance, but certificates of insurance could not exist without corresponding insurance policies, and in this blog, we’ll explain […]
Written by Faith Prescott on August 11, 2023
Anything that causes injury or property damage could lead to a liability lawsuit. Ensuring that the third parties you hire have the necessary liability insurance is crucial for both your financial and regulatory protection, as well as theirs. Follow along as we cover the basics of liability insurance, the major differences between a certificate of […]
Written by myCOI on August 1, 2023
Anything that causes injury or property damage could lead to a liability lawsuit. Ensuring that the third parties you hire have the necessary liability insurance is crucial for both your financial and regulatory protection, as well as theirs. Follow along as we cover the basics of liability insurance, the major differences between a certificate of […]
Written by Faith Prescott on August 1, 2023
Last year delivered several landmark decisions in the world of risk management. To keep you up to date, we’ve created a two-part series of important cases that could affect your risk mitigation plans. Loss prevention sometimes is a moving target. Knowing what is happening inside the courtroom provides a valuable strategy for staying ahead of changes […]
Written by myCOI on June 23, 2023
Last year delivered several landmark decisions in the world of risk management. To keep you up to date, we’ve created a two-part series of important cases that could affect your risk mitigation plans. Loss prevention sometimes is a moving target. Knowing what is happening inside the courtroom provides a valuable strategy for staying ahead of changes […]
Written by developer on June 23, 2023
INDIANAPOLIS (June 4, 2021) — The Indianapolis Business Journal (IBJ) today named myCOI CEO Kristen Nunery to their 2021 Forty Under Forty list. The list recognizes 40 central Indiana business and professional leaders who have achieved a level of success that is rare at a young age, according to a panel of judges. The IBJ also considers examples of civic […]
Written by myCOI on June 4, 2023
INDIANAPOLIS (June 4, 2021) — The Indianapolis Business Journal (IBJ) today named myCOI CEO Kristen Nunery to their 2021 Forty Under Forty list. The list recognizes 40 central Indiana business and professional leaders who have achieved a level of success that is rare at a young age, according to a panel of judges. The IBJ also considers examples of civic […]
Written by developer on June 4, 2023