myCOI
Every January, the insurance compliance world goes through a massive shakeup because so many annual insurance policies renew on January 1st. That means a pile of work for insurance agents, who issue the policies; for insurance buyers, who pay for the policies; and for insurance compliance specialists, who have to make sure the new policies […]
Every January, the insurance compliance world goes through a massive shakeup because so many annual insurance policies renew on January 1st. That means a pile of work for insurance agents, who issue the policies; for insurance buyers, who pay for the policies; and for insurance compliance specialists, who have to make sure the new policies […]
Everything you need to know to select the best COI tech for your business. Think of managing third-party COIs like a juggling act. Things are constantly moving to keep multiple balls in the air. Take your eyes off one ball, and they all might drop. Most can juggle with a few items, but introduce hundreds […]
Everything you need to know to select the best COI tech for your business. Think of managing third-party COIs like a juggling act. Things are constantly moving to keep multiple balls in the air. Take your eyes off one ball, and they all might drop. Most can juggle with a few items, but introduce hundreds […]
Get 8 critical tips from myCOI’s experienced insurance professionals to make sure your COIs are protecting you like they’re supposed to. Certificates of insurance are supposed to be simple. They’re not. Every box is filled with insurance language, and that’s before you get to endorsements and waivers. We have put together 8 tips to help […]
Get 8 critical tips from myCOI’s experienced insurance professionals to make sure your COIs are protecting you like they’re supposed to. Certificates of insurance are supposed to be simple. They’re not. Every box is filled with insurance language, and that’s before you get to endorsements and waivers. We have put together 8 tips to help […]
How much does risk management cost your company? If you don’t know the answer, your business might not be managing total cost of risk, or TCOR, as a key performance metric. Estimates show less than half of companies actively track TCOR. However, by not assessing risk and the associated costs, companies ultimately create more liability […]
How much does risk management cost your company? If you don’t know the answer, your business might not be managing total cost of risk, or TCOR, as a key performance metric. Estimates show less than half of companies actively track TCOR. However, by not assessing risk and the associated costs, companies ultimately create more liability […]
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 […]
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 […]
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, […]
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, […]
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 […]
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 […]
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, […]
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, […]