Why Are COIs Important?  A Certificate of Insurance (COI) is a document that guarantees that an insurance policy covers a worker. Moreover, it shows that the policy is compliant with industry regulations.   COIs are essential because they supply proof of existing insurance coverage. If someone is injured on a construction site, a COI will proveRead more

What is a Certificate of Insurance? A certificate of insurance (COI) is a document. It certifies that the certificate holder has an active insurance policy. Let’s break down these concepts and learn about the use of Certificates of insurance.   A Certificate of Insurance is the document that proves there’s an active insurance policy, a CertificateRead more

How to Request a COI to Prove Vendor Compliance Requesting certificates of insurance (COIs) from vendors is a daunting task, especially when they don’t respond! Chasing down COI’s from vendors or keeping track of your insurance documents are stressful tasks when you’re relying on emails, spreadsheets, or phone calls, why not alleviate the anxiety byRead more

What is an ACORD Certificate & Do I Need One? In this article, learn what an ACORD certificate is, why you need to collect them, and how to streamline this process so you can focus on other important aspects of your job!  What is an ACORD Insurance Certificate?   An ACORD Insurance Certificate is proof ofRead more

Tech Trends That Will Change the Insurance Industry 2022 is a new era for insurance technology!  Last year was marked a higher consumer demand for insurance coverage. Hence, insurers are searching for technology to aid in the insurance process.  Let’s look at the insurance industry trends forecasted to disrupt insurance this year!   What Are CurrentRead more

What Happens When There is a Data Breach? A security breach is an incident where information has been accessed without authorization. Technically, there is a distinction between a security breach and a data breach. A security breach is effectively a break-in, whereas a data breach is defined as the cybercriminal getting away with information.   The number of breaches and records exposed in 2020 inRead more