A Buyer’s Guide to Certificate of Insurance Software
Think of managing third-party COIs like a juggling act. Things are constantly moving to keep […]
Tag: total cost of risk
A Buyer’s Guide to Certificate of Insurance Software
Think of managing third-party COIs like a juggling act. Things are constantly moving to keep […]
8 Tips to Review a Certificate of Insurance Like a Pro
Do you ever feel overwhelmed with the insurance language on certificates of insurance and […]
8 Tips to Review a Certificate of Insurance Like a Pro
Do you ever feel overwhelmed with the insurance language on certificates of insurance and […]
Evening the Score: Monitoring and Managing Total Cost of Risk
Estimates show less than half of companies actively track TCOR. However, by not assessing risk and the associated costs, companies ultimately create more liability for themselves.
Evening the Score: Monitoring and Managing Total Cost of Risk
Estimates show less than half of companies actively track TCOR. However, by not assessing risk and the associated costs, companies ultimately create more liability for themselves.
7 Things That Could Be Costing You More Than Outsourcing Certificate Tracking
The expense of still doing certificate tracking manually is considerable. Add in the error factor and that feeling of imploding from work that’s never done – well, could be time to switch to a more efficient automated program. As an executive who always keeps one eye on productivity and cost savings, you may be interested […]
7 Things That Could Be Costing You More Than Outsourcing Certificate Tracking
The expense of still doing certificate tracking manually is considerable. Add in the error factor and that feeling of imploding from work that’s never done – well, could be time to switch to a more efficient automated program. As an executive who always keeps one eye on productivity and cost savings, you may be interested […]
A Bad COI Communication System Can Cost You More Than You Think
When it comes to certificate of insurance (COI) tracking and all of the processes that go along with ensuring compliance for subcontractors or 3rd party vendors, missing an important element can be detrimental to your company’s financial health and future. In addition, your compliance staff may be unintentionally wasting time by using various manual systems, […]
A Bad COI Communication System Can Cost You More Than You Think
When it comes to certificate of insurance (COI) tracking and all of the processes that go along with ensuring compliance for subcontractors or 3rd party vendors, missing an important element can be detrimental to your company’s financial health and future. In addition, your compliance staff may be unintentionally wasting time by using various manual systems, […]
A Certificate of Insurance Falling Through the Cracks Can Cost Millions. How Do You Prevent That?
Even the most diligent risk management and certificate of insurance compliance teams are expected to make mistakes now and again. As an executive of an organization that works with subcontractors and 3rd party vendors on a frequent basis, you certainly understand this. That’s why like any good leader, you’ve implemented procedures to ensure greater control […]
A Certificate of Insurance Falling Through the Cracks Can Cost Millions. How Do You Prevent That?
Even the most diligent risk management and certificate of insurance compliance teams are expected to make mistakes now and again. As an executive of an organization that works with subcontractors and 3rd party vendors on a frequent basis, you certainly understand this. That’s why like any good leader, you’ve implemented procedures to ensure greater control […]
You Could Be Saving 30% on Insurance Tracking Costs
If your COI or compliance administrators are manually tracking insurance certificates by using accounting software and coordinating different systems with all of the 3rd party vendors and subcontractors in the pipeline, then it’s likely they are spending a significant amount of time spinning their wheels. For each COI, they have to reach out to collect, […]
You Could Be Saving 30% on Insurance Tracking Costs
If your COI or compliance administrators are manually tracking insurance certificates by using accounting software and coordinating different systems with all of the 3rd party vendors and subcontractors in the pipeline, then it’s likely they are spending a significant amount of time spinning their wheels. For each COI, they have to reach out to collect, […]