732.395.4250
Errors and even outright fraud in certificates of insurance is a growing problem. We encounter a 70% noncompliance rate on initial documents.
The certificate of insurance compliance function protects a company by ensuring that its contractors have appropriate types and amounts of insurance coverage. The burden of this compliance process is often underestimated.
Topics: Enterprise Risk Management (ERM), Insurance, Strategic Risk Management, COI Compliance, what is total cost of risk, what is compliance, vendor insurance
We manage more than a quarter billion dollars of premiums for a diverse range of clients around the globe.
Our areas of expertise include:
The ALS Group - New Jersey
175 Main Street,
Woodbridge, NJ 07095
Tel: +1.732.395.4250
There’s Value in Measuring the Total Cost of Risk
In these challenging economic times, having a lower TCoR can not only give a company a competitive edge but also improve its bottom line by affording it the ability to pursue opportunities their peers may not be able to.