Insurance
Services
- Accident & Health
- Casualty
- Certificate Tracking
- Claims Management
- Directors & Officers
- Loss Management
- Public Private Partnerships & Private Finance Initiative
- Premium Allocation
- Private Client and Personal Insurance
- Project Finance
- Property
- Risk Control & Claim Advocacy
- Risk Management Business
- Risk Management Operational
- Surety Bonds
Certificate Tracking
Insurance Tracking Services
Organizations with large-scale operations routinely wrestle with the issue of accurately accessing their risk exposures generated by their core business activities and contractual obligations. These contractual obligations are often complex and require the ability to:
- Quickly and accurately provide and verify evidence of insurance from vendors and suppliers
- Demonstrate expertise in the area of contractual compliance; verifying coverage types, coverage limits, coverage effective dates and additional insured status including endorsement review
- Secure compliance from third-party vendors and suppliers or implement alternatives to force place coverage or deny payment for services
- Communicate status to all interested parties: risk management,
project manager, accounts payable, etc.
What can our Service do for your company?
Clients that contract CoverMark for assistance with their compliance needs can rely upon our Insurance tracking service in which we leverage our industry network and comprehensive business services to:
- Automate and centralize the administration of the third-party insurance
compliance for our clients by managing or verifying their insurance policies. - Evaluate policies based on contract requirements
- Review additional insurance policy endorsements, where required
- Monitor compliance, including follow-up for non-compliant vendors
- Request renewal endorsements prior to expiration
- Generate compliancy status reports
- Document history of insurance status and review process
- Store insurance documents electronically for easy retrieval by client