Three Reasons Our Clients Choose Us as Their Certificate of Insurance Tracking Solution
COI Management |March 3, 2022
Our clients choose us to be their certificate of insurance tracking solution because of our extensive and specialized knowledge in contractors who provide services or work to consumers or businesses. Whether your contractors go into a customer’s home, place of business, or somewhere in between, we know what it takes to provide a solution specific to your needs.
We Understand Contractor Compliance
PlusOne specializes in contractors that work directly with your customers. We know that there is work to be done and, at the same time, that your organization needs to be protected against certain risks that are specific to those interactions. We understand the types and nuances around insurance coverage. More importantly, we see the whole picture. Not only do we have our Certificate of Insurance Tracking Solution, but we also offer other compliance solutions that reduce the operational, legal, financial, and reputational risk involved and are frequently part of a compliance program. These solutions include background screening, badging, and trade license verification. In addition, we have over 100,000 contractors in our system that we track insurance, trade licenses, and background checks on. Our systems are designed to share information, making the collection of compliance data easier for both you and your contractors.
We Know You Need Contractors on the Job and Fast
We understand the need for work to be done quickly and that compliance and certificate of insurance tracking solution should not hinder that work. We focus our efforts on turning around certificates of insurance quickly. We also work directly with insurance agents because we understand that your contractors are busy at work and don’t have time to handle documentation. Insurance agents are also more likely to understand your insurance requirements, what is being requested, and are timelier when submitting certificates of insurance.
We Know that You Need us to be Accurate
Not only are we quick but we pride ourselves on accurate data. All certificates of insurance are processed by highly focused and trained compliance specialists. In addition, we have multiple audit processes to ensure quality making sure that when we receive a certificate of insurance, and that your insurance requirements are met, it is reporting accurately. This is one important step to increase speed by reducing lost dispatched work. We also know that it can negatively impact other items such as contractor scorecards. Our processes are designed knowing that many of our clients require compliance for mid to high-volume contractors to receive work and payments, which can impact their good standing with you, or lower their scorecard. Having accurate data will also ensure that you are covered in the event of an accident. There’s nothing worse than thinking a contractor is covered for insurance but finding out otherwise when there is a major accident. By choosing PlusOne Solutions for your certificate of insurance tracking solution, you not only get assistance with the tracking, renewal, and management of cancellations for your contractors’ insurance policies, you gain a partner who understands challenges specific to your contractors. Contact us today to learn how we get the job done with speed and accuracy while helping you reduce risk. Contents are provided for information purposes only and should not be construed as legal advice. Users are reminded to seek legal counsel with respect to their obligations and use of PlusOne Solutions services. About PlusOne Solutions PlusOne Solutions has been an industry leader in the risk management field by specializing in compliance programs that meet the complex challenges of geographically dispersed contractors, vendors, and employee networks. PlusOne Solutions protects companies from possible financial, legal, and reputational risks associated with contractor and vendor relationships while creating safer work environments. To learn more, visit https://www.PlusOneSolutions.net.
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