Workers Comp for Self-Insured Do 1099 Contractors Need COIs? Workers’ compensation insurance is essential. Anytime an employee gets hurt during a task or on your job site, workers’ compensation insurance comes into play. Today, employer and employee relationships are changing from the traditional 9 –to-5. Does this affect how we manage workers’ compensation with contractors Read The Full Article →
Why Are Certificate of Insurance 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. Certificates of Insurance are essential because they supply proof of existing insurance coverage. If someone is injured on a construction site, Read The Full Article →
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 Certificate Read The Full Article →
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 by Read The Full Article →
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 of Read The Full Article →
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 Current Read The Full Article →
Construction Insurance Compliance Tracking Simplified with New Automated Solution Procore Integrates with SmartCompliance to Automate Construction Insurance Process Bryan/College Station, Texas – December 10, 2021 SmartCompliance, the comprehensive software for streamlining insurance compliance, announces integration with Procore Technologies, a leading provider of construction management software. The integration allows Procore´s client to track and manage insurance Read The Full Article →
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 in Read The Full Article →
Data Security: How to Protect Your Company’s Sensitive Data Data Security is a major problem that internet users must deal with. It has been this way since the beginning of the online era. Hijacks, phishing, and data breaches are among the biggest threats to corporate security of any company regardless of its size. Organizations are continually investing heavily in information technology (IT) and cybersecurity capabilities. The objective? To protect critical assets. IT security Giant, Cisco, highlights that “Data is the currency of the Read The Full Article →
