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InsureTrack Publications
Pre-Qualifying Bidders Can Save You Time & Money
Organizations can streamline their insurance certificate tracking process by providing applicable contract insurance requirements during the bidding process. This helps by providing disclosure of the insurance required in the contract and permits the bidder sufficient time to coordinate with their insurance representatives.
Insufficient insurance often leads to organizations waiving the required insurance or terminating the contracted party. These actions are costly and may result in a halt or a slow down of the work or services provided.
Whichever decision is made, it may have been avoided by the implementation of an organized pre-qualification system for bidders. Implementing "Best Practices" for pre-qualifying bidders insurance, will help minimize risk and achieve higher insurance compliance ratios.
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Our insurance certificate tracking service relieves your organization of the administrative burden involved in managing certificates of insurance. Our team of insurance tracking experts perform all of the necessary functions to monitor compliance, audit incoming certificates, follow up for endorsements and renewals.
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Organizations in every industry utilize InsureTrack to track and manage their incoming certificates of insurance. Our technology and insurance expertise permit quick and precise implementation, ensuring each customer is handled on an individual basis. More.
Insurance agents, brokers and carriers trust InsureTrack every day to issue their certificates of insurance. Our innovation and quick turn around can help you reduce costs and increase productivity. More.
