Managing COI compliance is time-consuming and complex, yet it is critical to reduce your risk and protect your reputation. That is why more and more network managers are outsourcing certificates of insurance management, functions, and processes to experts who can handle it for them.
Specializing in contractor and vendor networks, PlusOne Solutions understands the need to efficiently, quickly, and accurately process all your compliance documentation to ensure your contractors and vendors are compliant when providing services to your customers. Minimizing the disruption in operations due to compliance is critical to your business. We use specialized processors who understand COIs as well as an automated process to ensure that certificates of insurance are received in a timely and accurate manner. Our unmatched solution ensures your contractor network is fully compliant with your certificate of insurance standards, freeing up valuable time and resources for your organization.
24/7 access to compliance reporting through a portal
Online document management
Dedicated partner to help you meet compliance goals
Hands-on team to review each COI as well as endorsements
Key Benefits of Professional COI Management
Reduce exposure to underinsured or uninsured contractors and vendors to lower your risks
The entire goal of COI tracking is to protect yourself and your business, so why risk handling that yourself? Improperly handling your COI management can increase your risk of working with vendors or contractors that could potentially burn you down the line and may have a negative impact on your reputation.
Reduce costs associated with admin, insurance and claims
The time and resources you devote to taking on the task of managing your certificates of insurance in-house can increase rapidly. When you partner with PlusOne Solutions, you will see a total program cost reduction of associated admin costs because our dedicated team of insurance experts and automated process work together to create efficiencies. This will also decrease rejected insurance-related claims, ultimately saving your organization money.
Streamline the COI management process with a centralized system
Minimizing disruption in operations due to non-compliance is critical. Save yourself the headache of doing it yourself and partner with a team that will streamline the entire process for you.
Improve compliance rates across your network
When PlusOne solutions manages your COI process, you will see improved compliance rates. Our team of highly experienced professionals will do the job and do it right.