Defining Parametric Insurance and 5 Tips on How to Manage it Parametric insurance also referred to as “index-based insurance” is a type of coverage that pays out a predetermined amount when specific parameters are met.   The parameters in a parametric policy should be an established metric or index that can be used to measure the event.  This seems straightforward but let us go overRead more

Five Ways COI Tracking Software is Increasing Insurance Compliance Risk managers are having a tough time keeping up with insurance compliance as the number of regulatory mandates grows and businesses want lower and lower costs to achieve full coverage. The days of dedicating a chunk of your week to tracking certificates of insurance (COIs) andRead more

Why You Should Track Certificates of Insurance & Ensure Compliance It’s important to collect and track certificates of insurance (COIs) to maintain insured compliance, protect your business against loss, and more. Today the insurance world is fast-paced and complex and professionals can no longer collect COIs and file them in a cabinet or track inRead more