In any business venture, non-compliant vendors can be detrimental to success.

Watch this video to let the numbers tell the story of how common poor compliance is and what CertFocus can do to change it.

Even better than saving time is saving money, and Lisa Kerr is adamant that partnering with CertFocus allows her staff to be “...analyzing the certificates and looking at where we might have gaps and where we might further improve compliance.” That positions her team to better negotiate their insurance rule, keep their rates down, and save a premium. It’s hard to deny the unique nature of a relationship with CertFocus, where support isn’t just troubleshooting software.

CertFocus provides the industry’s most robust and effective customer service platform. When you do that consistently, word gets around. Samantha Grace, CertFocus Construction Account Manager, explains that CertFocus offers the experience and the technology to show clients clearly where they are with insurance compliance and bring them to a higher level.

Picola Johnson explains her firm relies on tenants to maintain insurance, so the organization needs to make sure that these tenants are in compliance. Ultimately, the value of the business is in its property. Vendor compliance, and making sure that all of its property is well-insured, is a very important part of her business’s risk management process as a whole.

George Zaroogian is the Director of Risk Management at Henry Schein, a distributor of medical, dental, and animal health products. Zaroogian, who has twenty years of experience in insurance, explains why it’s very important for his company to have a compliance program in place. If there is a product liability lawsuit, Henry Schein can ask the supplier or the manufacturer to indemnify them.

Lisa Kerr is the VP of Risk Management at Henry Schein. When she thinks about what certificate of insurance compliance means, she thinks about peace of mind—being able to sleep at night. COI compliance means knowing that Henry Schein has a comprehensive program to gather insurance certificates from suppliers so the business has evidence that all contractual requirements are met.

July 18, 2017—CertFocus is very pleased to announce the hiring of Sidney (Sid) Fein in the Chief Technology Officer role. A highly skilled, results-driven transformation leader, Sid is an adept value-creator and a welcomed addition to the CertFocus executive team.

As a Risk Manager and an insurance expert, you understand the importance of Certificate of Insurance Compliance to your risk transfer process. Therefore, the services you seek from a COI management provider need to be more comprehensive than those that simply point out a problem, without offering sound service solutions.

As a fully flexible service designed by insurance professionals for insurance professionals, our service is customer service focused and is supported by software, rather than simply being like most other providers in our industry, a basic COI software tracking technology.

Growing evidence suggests certificate of insurance (COI) management services must go beyond the basic service of certificate tracking to actually facilitate an increased level of COI compliance.

The biggest Risk Management event of the year. Stop by our booth and ask us for your FREE AMAZON echo dot... Safe travels, and we will see you there!

Growing evidence suggests certificate of insurance (COI) management services must go beyond the basic service of certificate tracking to actually facilitate an increased level of COI compliance. On average, seven out of ten received COIs from your vendors are shown to be out of compliance.

Download a free whitepaper on Increasing COI Compliance.

CertFocus to sponsor the RIMS ERM 2016 Conference at the W Atlanta – Midtown, 188 14th Street, NE, Atlanta, GA 30361. October 24-25.

Join more than 100 exhibitors and 2,500 attendees from across the construction industry for the 2016 AGC Technology & Construction Solutions Expo being held in conjunction with the 2016 AGC Annual Convention. The Expo and all of the Convention activities will take place at the Grand Hyatt Hotel located in downtown San Antonio, right on the famous San Antonio River Walk and just 10 minutes from the San Antonio International Airport. The AGC Annual Convention and Expo attracts business decision…

Join the risk community in San Diego, the birthplace of California, to experience RIMS 2016 Annual Conference & Exhibition. This industry-leading event features three days of world-class educational sessions, inspiring keynote speakers and an Exhibit Hall packed with innovative resources.

WITH MORE THAN 48,000 ACTIVE MEMBERS WORLDWIDE, ISM IS THE LARGEST GLOBAL ORGANIZATION DEDICATED TO ADVANCING THE PRACTICE OF PROCUREMENT AND SUPPLY MANAGEMENT. ISM IS THE LEADER IN SUPPLY CHAIN, DRIVING VALUE TO ITS MEMBERS WITH ITS TWO WIDELY RENOWNED CERTIFICATIONS, THE REPORT ON BUSINESS®, COUNTLESS EDUCATIONAL RESOURCES AND EXTENSIVE NETWORKING EVENTS AROUND THE GLOBE.

CFMA’s Annual Conference & Exhibition is an amazing opportunity to discover and implement ideas that deliver results. Our conference trains your mind to search for innovative solutions and attendees like you have countless opportunities to make valuable connections with other construction financial professionals and suppliers.

Vendors and other third parties should be treated with the same level of intense scrutiny as your own in-house risk compliance mandates.

“With three-in-five companies facing increasing risks, and regulators, boards and shareholders beginning to demand more effective risk management from organizations, it’s critical for management teams to take a closer look at their risk management programs and make them more robust”

Take a moment and think about this: do you know if your suppliers are protecting your company’s sensitive data as diligently as you would protect it yourself?

It is all well and good to secure audit rights in a written contract with a third party, but the company has to make sure it executes some audits, otherwise the provision and intent behind it may be suspect.

"Building support throughout an organization is key to risk management success, risk managers need support from the top"...

The most important job of a risk manager

Andrew Blau, managing director of Deloitte & Touche LLP’s Strategic Risk Solutions practice, discusses the benefits of focusing on strategic risks to help organizations identify what could undermine their future business, adapt to new challenges and take advantage of emerging opportunities.

Being the risk leader or risk voice in an organization can be a challenging job given the fluid nature of perceived risk. Alignment of risk strategies with corporate and finance strategies is essential and provides a stable platform to work from.

A new study from J.D. Power provides fresh perspective on the performance of large business commercial insurers and brokers, where risk managers are concerned.

People have been asking the question “what could go wrong” to identify risks. To this should be added the question “what needs to go right.”

The new design of CertFocus.com was specifically designed to provide a more comprehensive and organized source of information for prospects and our current customers. With an updated look and feel It has been completely redesigned with a parallax scroll and leading site navigation to improve the visitors’ user experience and ability to source the exact information desired within a click or two.

Legal departments have long deployed proven methods to identify and thwart organizational risk. Policies, procedures, risk committees, task forces and audits are all tried-and-true approaches to ERM. In recent years, legal departments have expanded their ERM role to encompass the increasing risks associated with their organization’s information and information systems.

RIMS, the risk management society™, commends Congress and President Barack Obama for their immediate action in early 2015 to authorize a six-year extension of the Terrorism Risk Insurance Act (TRIA).

RIMS has announced that registration is now open for RIMS 2015 Annual Conference & Exhibition (www.RIMS.org/RIMS15). The conference and exhibition is widely considered the premier risk management industry event and has received accolades for offering thought-provoking educational sessions and invaluable networking opportunities. The four-day conference is scheduled for April 26th – 29th in New Orleans at the Ernest N. Morial Convention Center.

This year, Meissner Jacquet engaged two industry-leading vendors, Yardi Voyager and CertFocus, who will enable the firm to provide their clients with access to powerful data through new proprietary portals and expandable client platforms.

RIMS, the risk management society™, today announced that Rick Roberts, RF, ALCM, ARM, ARME, CPCU will lead the Society as president for the 2015 term, effective January 1.

Certificates of insurance remain in the spotlight. During the past several years, the Big “I” has been an advocate for agents and their role in the certificates of insurance (COI) process.

In the last four years alone, 44 states have enacted legislation, adopted rules or issued clarifying bulletins through their departments of insurance addressing certificates of insurance. All but five states now have laws, regulations or guidance addressing them.

J.D. Power and RIMS surveyed over 1,000 risk professionals from large commercial insurance customers to assess key performance indicators (KPIs) and best practices that have the biggest impact on customer satisfaction. Here, Tim Bebout, Commercial Insurance Practice Leader at J.D. Power, talks about the survey and its results.

Organizations that develop a framework for managing reputational risks are not only better positioned to anticipate and defend against threats, but can also gain a significant competitive advantage and unlock new and valuable opportunities – according to RIMS’ newly released Executive Report

When it comes to COI management — especially within the Fortune 500 community, in which there is a tremendous tonnage of COIs to track and manage — organizations face a choice. Does it add value to outsource or not? In the case of COIs, it’s not only a cost-savings issue — although coming to a complete understanding of all the costs and resources involved to properly manage the process internally can be eye-opening — but is an efficacy issue, as well.