How to Spot a Fake Insurance Certificate Collecting and making sure that Certificates of Insurance (COIs) are accurate and up-to-date is an enormous task, especially when you do not have tools to streamline this process. On top of this, checking to make sure you are not receiving fake insurance certificates is difficult. In this article, Read The Full Article →

SmartCompliance Partners with AXA XL AXA XL welcomes SmartCompliance to their Construction Ecosystem January 4, 2021. Bryan/College Station, Texas –  In October 2020 AXA XL released an exclusive tool called the Construction Ecosystem Tech Library. The new resource benefits their construction clients in managing risk with more than 25 partners including SmartCompliance. This new partnership will bring a premier insurance tracking and compliance management asset to the ecosystem.  SmartCompliance will serve AXA XL clients with certificate of insurance and vendor compliance tracking and process improvement through automation. The ability Read The Full Article →

Contractor Pollution Liability Insurance: Do You Need It? We have all heard the stories of individual contractors, mid-sized businesses, and large corporations getting in trouble for environmental damage. As a result, these stories hurt the names of well-known industry leaders or shut down operations of smaller competitors. Pollution liability used to be part of commercial Read The Full Article →

Do You Need Named Perils or All-Risk Commercial Property Coverage? Property managers understand the complexity of commercial property insurance, but when things like Named Perils and All-Risk come into play, they can be easy to overlook if you do not understand their meaning.  To ensure you have the coverage needed for your properties, you need to Read The Full Article →

What is the Difference Between First & Third-Party Insurance? Third-Party insurance is a type of liability insurance where you are making a claim on another party’s insurance policy. In third-party insurance, there are three parties. Let us look at who first, second, and third parties are and look at examples of first and third-party insurance.  What is First-Party Insurance? First-party insurance is a Read The Full Article →

Excess or Umbrella Insurance: Find Out Which is Better for You Although you already have an insurance policy in place, there is a chance there are gaps in your coverage and you need more insurance to cover these gaps. You can cover these gaps with an excess policy or an umbrella insurance policy.  In this article, we are going Read The Full Article →

Using Business Intelligence to Leverage Your Data [Free Webinar] SmartCompliance is putting on a webinar, hosted by CEO, James Benham, where he will talk about Business Intelligence (BI) and how you can leverage it for your business’ data. Before joining the webinar, take a minute to look over this article to learn the fundamentals of BI.  Here, we will mention a Read The Full Article →

Learn How to Incorporate Digital Maturity into Your Risk Management Program Do you know what digital maturity is? If so, are you confident that your business is digitally mature? Whether you know your business’s digital maturity status or want to learn how to increase this for your business, we are here to help.   To understand digital maturity, let Read The Full Article →

Learn the Difference Between Regulatory & Corporate Compliance No matter the industry, your business operates in there are bound to be rules and regulations set forth by the government that you have to follow. For example, if you run a rental car company, the Environmental Protection Agency (EPA) may require you to only rent out cars that meet Read The Full Article →

How Explainable AI Could Transform the Insurance Industry Artificial intelligence (AI) is growing and taking over more aspects of business. Many people are unsure of AI because of its lack of explanation when coming to a conclusion.  Explainable AI (XAI) is bridging the gap between those who already trust AI and those who want more explanation when it comes to receiving Read The Full Article →