What Is a Waiver of Subrogation?
A waiver of subrogation is an endorsement preventing insurers from pursuing negligent third parties for payments to ...
What Is a Certificate of Liability Insurance?
A certificate of liability insurance provides proof businesses are covered by an active, commercial general liability ...
What Is AM Best & What Does It Have To Do With Certificate of Liability Insurance?
AM Best credit rating agency scores insurers’ creditworthiness on a scale of A+ to D to measure insurance-related risks ...
What Is An Insurance Endorsement?
Insurance endorsements serve as policy changes to your original agreement that help you mitigate risks.
What Is Third Party Risk Assessment And How Can It Help My Business?
Third-party risk assessments evaluate factors such as vendor reputation, data security, financial standing, mission, ...
How to Get a Certificate of Insurance
Request a certificate of insurance (COI) from your contractor or vendor, who can procure it through their insurance ...
Best Practices for Third-Party Risk Management
Best practices for third-party risk management include investing in a cloud-based vendor management software, hiring ...
What Are Blanket Additional Insured Endorsements?
Blanket additional insured endorsements extend coverage to multiple third parties without naming or requesting ...
Everything You Need to Know About Primary & Noncontributory Endorsements
While primary endorsements designate the first party to respond to a claim, non-contributory endorsements prevent ...
The Benefits of COI Tracking for Third-Party Risk Management
COI tracking ensures vendors are insured, sets professional expectations, enables instant compliance correction, and ...