Your Guide to COI Tracking
COI tracking involves collecting, reviewing, and updating third-party certificates of insurance to maintain compliance ...
Self-Insured Retention & Commercial General Liability Policies
When CGL policies are subject to self-insured retention, insurers only cover a claim after insureds pay a fee—which ...
What Is Vendor Compliance Software?
Vendor compliance software is an integrated platform enabling businesses to communicate with, hire, and track ...
What Is Workers' Comp?
Workers’ comp insurance helps pay for an employee’s medical care, lost wages, rehabilitation, and other expenses ...
What Is General Contractor Insurance?
General contractor insurance covers contractors in the event of on-site injuries, equipment damage, litigation, and ...
What's the Difference Between Indemnification & Insurance?
The main difference between indemnification and insurance is that the former represents the process of transferring ...
Contract Management & Contract Review
While contract review involves analyzing an agreement to ensure it meets stakeholder needs and expectations, it is just ...
What Is ACORD & What Does It Have To Do With Insurance?
ACORD is a global non-profit known for its standardized certificate of insurance (COI) forms. These streamlined ...
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 ...