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Insurance Certificate Tracking and Review - Business Credentialing Services

Outsourced Insurance Certificate Tracking, Monitoring and Management Reduces Risk and Costs

 

Business Credentialing Services provides a full service outsourced solution for tracking, monitoring and storing insurance certificates, resulting in a reduced exposure to risk and a savings in risk-related costs.

 

Benefits

 

Risk Reduction and Related Savings

  • General Liability
    Dramatically reduce your exposure to Bodily Injury and Property Damage work-related accident claims from vendors, subcontractors and tenants that are uninsured/underinsured.
     

  • Worker's Compensation
    Most states require this coverage and will make you responsible for uninsured persons you hire to perform work on your behalf.
     

  • Exclusions
    Certain exclusions may apply to your insurance coverage leaving your company fully liable for all claims from plaintiffs that cannot get compensated from uninsured responsible parties you hired.
     

  • Audit Savings
    Auditors have quick access to insurance information and insurance certificates during policy audits making audits simple and accurate allowing for better pricing for your company. In addition, you will reduce or eliminate charges for uninsured or undocumented sub-contractors since each insurance record should have an insurance certificate attached to it.
     

  • Lower Insurance Premiums
    With an effective insurance certificate tracking and management system in place, underwriters may greatly reduce your company's insurance premiums upon evaluation of your automated processes and procedures.

 

Are your suppliers insured?

Insurance certificate tracking, monitoring, management & storage

Are your suppliers legal and licensed?

License review and tracking

Do your suppliers follow your Quality, Safety and Environmental requirements?

HSE/Quality programs, audits, certificates and reporting

Do your suppliers have any judgments, liens, bankruptcies or other negative legal factors?

Bankruptcy, liens, judgments

Are your suppliers financially solvent?

Financial screening and credit monitoring

Are your suppliers on any government watch lists?

Debarment, government watch lists

Are your suppliers certified as MWBE?

MWBE/Supplier diversity compliancy

Do you know your supplier's safety record?

Product liability & Organizational Negligence history

Do you really know your employees or tenants?

Individual worker/tenant screening & monitoring

Are you facing a major technology project for which you need expertise and resources?
Systems integration, change management, business process improvement and outsourcing services

 

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