Uniformity in COI documents

FEATURED IMAGES JUNE V2 Uniformity In COI Documents

Ensuring Uniformity in your Certificates of Insurance Being unprepared for anything you do in business or in life can set you up for failure even before you begin. This includes ensuring that your organization’s workflow and process for handling Certificates of Insurance is treated with the same standard of preparedness, so as not to leave […]

Correctly Tracking Tenants and Vendors

Green background with the text that says "Correctly Tracking Tenants and Vendors"

How to Correctly Track Vendor and Tenant Certificates of Insurance Using a Cloud-Based Solution? What happens when you are unfamiliar with the details of your tenants and vendors? Well, the short answer is a lot, but the longer answer is obviously more complicated than that. You do not need to know each tenant or vendor […]

How To Be Prepared When Tracking Certificates of Insurance

"How to be prepared when tracking Certificates of Insurance"

The best way your organization can mitigate risk and be prepared when a claim is made against you is to ensure your vendors and subcontractors have the adequate coverage to pay for the damages they may cause before they begin work, or perhaps even before they are allowed on the property. When you are prepared […]

Why Should You Be Additional Insured?

"Why should you be additional insured?"

As the legal world becomes more complicated it is more important than ever to mitigate risks within your organization. Certificates of Insurance play a vital role in this process and wanting full coverage, above and beyond what is required traditionally, means utilizing additional insured endorsements as often as possible.  Certificates of Insurances – an overview  […]

Can COI Tracking Software Detect Fake COIs

"Can COI tracking software detect fake COIs"

One of the biggest challenges an organization faces when working with contractors or subcontractors is remaining compliant with accurate and enforced Certificates of Insurance (COI). A Certificate of Insurance is not an insurance policy, it is a certificate verifying that an individual or organization has insurance at a certain point in time. A fake COI […]

Love is in the Air – CTrax meets Vendor Cost Control

"Love is in the air: CTrax meets Vendor Cost Control"

CTrax and Vendor Cost Control are a match made in heaven? …At least that’s how CERTii feels this Valentine’s Day! JDi’s Vendor Cost Control is a stunning instant reporting tool, designed specifically for complex financial litigation services. VCC tracks defense costs – both primary and additional insured – and allocates them to parties, such as developers, […]

What is OCR? (Optical Character Recognition)

"What is OCR? (Optical Character Recognition)

How can technology recognizing text in a digital image help you? Did you know in Google, Firefox, Microsoft Edge, or any other internet browser, you can press ctrl +F and open a search bar that allows you to search the page for any word or phrase you are looking for? This “find” feature uses basic […]

How Do I Read a Certificate of Insurance?

"How do I read a Certificate of Insurance?"

Reading COIs is easy when technology is part of the equation. Reading a Certificate of Insurance can be difficult if you are not familiar with terms used in the insurance industry. Those responsible for reading, tracking, and managing COIs within an organization are usually office managers and those working in the purchasing and risk management […]

Do I Need To Look At My Vendor’s Certificates of Insurance?

"Do I need to look at my vendor's Certificates of Insurance?"

Is this a question that actually gets asked? Yes, it is. Does it happen in your company? If so, you may feel better knowing that a lot of companies are in the same position of not looking at their Certificates Of Insurance – ever. Even large corporations. But honestly, just because others are doing it […]

How to Track your Certificates of Insurance?

"How to track your Certificates of Insurance?"

The Right Tools for Tracking Your Certificates of Insurance Tracking your Certificates of Insurance should already be part of your business’ standard operating procedures, but how do you know which system to use? Not all systems are created equal. The best COI tracking systems allow for automation, customization, and searchability all while increasing your ROI […]

Certificate of Insurance (COI) Coverage

"JDI Data corporation on certificate of insurance (COI) coverage"

What is a Certificate of Insurance? A Certificate of Insurance (COI), or proof of insurance, is a document issued by an insurance agency or broker to a vendor/company providing the details of the insured’s coverage — policy name, dates, and the coverage’s basic terms — and is used to assert and verify insurance coverage under […]

CTrax can Automate ANY amount of COIs

Ctrax can automate any amount of COIs

The Most Important Aspects of the Successful Business Development Corporate insurance is one of the most important aspects of the successful development of any business. There are three main reasons for this: Employees feel more comfortable in your company when they know that their health and life are insured. In other words, they will be […]

What is COI Coverage?

What is COI Coverage?

Get to Know How to Read COIs Every Certificate of Insurance has multiple sections, the longest being the “Coverage” section. It is important to know how to read a COI, especially if you have one, or one is requested from you. COIs can be daunting since they hold a lot of information, but even with […]

How do you verify a COI?

How do you verify a COI

Why Having a Valid COI is Important? Having a Certificate of Insurance is truly important, but having a valid Certificate of Insurance is the key. When you request a COI from someone don’t just take a look and call it a day, but rather check if the content is legit. Insurance is expensive and many […]

What is a COI Software?

What is a COI software?

What is a COI Software? In short: COI software is an efficient tool that helps you be more organized and saves you money, time, effort, and stress. However, many companies are still not informed about what COI tracking is. In this article, we will dive into what COI tracking software is all about. How Does […]

What is a COI for the Delivery Industry?

What is a COI for the Delivery Industry?

The process of delivery sounds like an easy process: your order gets packed, and the delivery guy picks it up and delivers it to you. Simple, right? Well, actually, there is more than meets the eye. What if your order or one of your valuables is damaged in transit? Who is liable for that? How […]

Benefits Over Budget: How To Select The Right COI Tracking System

Benefits over Budget: How to select the right COI tracking system

Many organizations underspend on compliance. In fact, a Globalscape and Ponemon study found that, on average, only 14.3 percent of total IT budgets were spent on compliance last year, as opposed to 11.8 percent the year before. This change indicates that organizations are not spending as much on compliance as they should be. Do Not Undercut COI tracking […]

Falling behind on your COI tracking can harm your business

Falling behind on your COI tracking can harm your business

If you have been working for years in the Insurance industry like us, then you have probably sensed (more than once) that feeling of impending doom when you realize you have hundreds of certificates of insurance that still haven’t been correctly processed. Issues That Can Seriously Harm Your Business To make things worse, if you […]

Why Every Construction Business Needs COI Tracking

Why Every Construction Business Needs COI Tracking

What is a Certificate of Insurance? A certificate of insurance (COI) is a document that is issued to a policyholder as confirmation of insurance coverage. The COI provides the core details of the insurance holder’s policy (name, dates, etc.), along with the basic terms of the coverage they’re set to receive. The policyholder is then […]

Government based COI tracking

Government based COI tracking

COI tracking is a tedious and exhausting job for any company, let alone a government agency. These agencies must make sure that all their workers are protected, no matter what job they signed up for. Even the teeniest jobs must be protected by insurers. Government agencies have hundreds, some of them even thousands of employees, […]