Manage your vendor risk. Streamline your operations.
Improper management of insurance certificates can result in out-of-pocket losses and claims with your insurance carrier.
Certificates must be routinely checked with a careful eye to avoid paying claims that you expect the other party’s insurance to cover, but this requires dedicated time and resources. We provide a solution with CertCon Services, Higginbotham’s in-house insurance certificate validation group that protects your financial integrity by verifying that the insurance requirements established in your business agreements and contracts are met by the other parties.
Tracking and managing insurance certificates is important for any organization that works with contractors, subcontractors, tenants or vendors. But accurate certificate management involves much more time and expertise than most businesses have available in house.
CertCon helps implement industry-specific contracts with your vendors and continually tracks the terms and renewal of their insurance policies to help ensure compliance. For noncompliant parties, we help them fulfill their contractual obligations through prompt follow-up. CertCon’s insurance specialists ease the burden of accomplishing these time-consuming tasks and give you online access to coverage information at a price lower than what you would spend performing these services in house.
Businesses in the oil and gas, construction, property management, health care, transportation and financial lending sectors are good candidates for CertCon’s assistance, but if you require proof of insurance from any supplier group, then you can benefit from CertCon because we:
CertCon gives you online access to compliance information so you can: