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Protect Yourself with Certificate of Insurance Tracking PDF Print E-mail

Certificate of insurance (COI) tracking is a time-consuming but critical risk-management activity. The number of COI's alone an organization has to keep track of is a significant administrative burden. Without an efficient process and visibility into this critical area, you may needlessly expose yourself and your insurer to potential liability.

Overview


Building Engines’ Certificate of Insurance (COI) engine is a comprehensive certificate tracking and notification tool, designed to eliminate cumbersome paper-based methods through an easy-to-use automated system.

The COI engine captures time sensitive data and documents that enables you to quickly see which COI's are current, which are about to expire, and any that are overdue.

Integrated with the Broadcast Communications engine, the COI module reduces the amount of time spent on managing COI's and is a proactive approach to reducing risk

Features

  • Append a certificate of insurance file or image to any COI notice of renewal.
  • View an active list of valid insurance certificates
  • Store vendor certificate images for retrieval, and send them with reminder notifications
  • Create automatic reminders with customizable thresholds for insurance certificate renewal
  • Automatically route reminder messages to tenants, staff, vendors and insurance representatives
  • Establish escalation protocols for open certificate issues that need to be addressed

Benefits

 

  • Reduce over 75% of time spent managing the COI process
  • Minimize exposure to potential liability
  • Have single location or portfolio-wide visibility into COI status.
  • Connect COI status to your security access process for vendors.
  • Easy access to reports

Get Started

get startedTake the Building Engines 30 day test drive and see first hand how Building Engines Certificate of Insurance Tracking can help you!



 
 
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