Everyday companies face the possibility of having a customer, vendor or partner file a lawsuit against them for a number of reasons. That is why Certificate of Insurance management and tracking should be a key part of every companies risk management strategy. In order to protect themselves, companies have a long list of policies covering […]
Certificates of Insurance are in essence a snapshot or summary of an insurance policy. They include the vital information needed by a third party to determine if you have the appropriate level of insurance needed to work on a specific project or contract. Five pieces of information that you will find on every Certificate of […]
One of the most time intensive tasks for and insurance agency or broker is the distribution and transmission of Certificates of Insurance. That is of course before Certificate Exchange developed their proprietary software for automating the distribution of certificates of insurance. This innovative new software has many benefits to insurance agencies and brokers of all […]
If you ever do business with a third-party vendor or use contracted labor, then you know the importance of Certificates of Insurance and why you need to have quick and easy access to them. Below is a list of the top three reasons that Certificates of Insurance are important. The first reason that Certificates of […]
Distributing Certificates of Insurance has historically been an extremely time-consuming manual process for most insurance brokers. This manual process can be a drain on both agency and broker time and resources. If an agency or insurance broker needs to transmit a large number of certificates of insurance to several organizations in different locations across the […]