Risk Management: Brick by Brick’s Post

Is your COI process protecting your business or just collecting dust? Certificates of Insurance (COIs) can feel like a tedious task, but they’re actually one of the best tools for keeping your business safe and compliant. If you’re tired of chasing paperwork and missing key deadlines, TrustLayer’s latest blog post has the insights you need to streamline your COI tracking. In The Ultimate Guide to COI Tracking, we break down everything from what a COI is to why you absolutely need an organized system for managing them. It might sound boring, but here’s the truth: if you’re not tracking COIs properly, your business could be at risk for huge financial setbacks, compliance issues, and uninsured claims. Ouch. The article covers the essentials, like why COIs aren’t just another piece of paper—they’re proof that your vendors, contractors, or partners have insurance. And if you’re not keeping track of them, things can go sideways quickly, leading to missed renewals, expired policies, and major gaps in coverage. But don’t worry—it’s not all bad news! The blog also gives you some best practices for managing COIs, starting with automating the whole process. Because let’s be honest, manually tracking COIs is a headache. TrustLayer’s solution helps you automate the tracking, so you can get real-time updates and ensure your partners are always covered. Whether you’re running a small business or managing a huge operation, getting COI tracking right can save you tons of time and reduce your risk. So why wait? Check out the full post to learn how you can simplify COI tracking and never worry about missing coverage again. #riskmanagement #COIs #insurance #insuretech #TrustLayer

Renewal season doesn’t have to be a headache! As businesses prepare for policy renewals, tracking Certificates of Insurance (COIs) can get messy—fast. But what if there was a way to make it easier? TrustLayer’s latest blog post shows how to streamline COI tracking during renewal season like a pro. When renewals hit, COIs start rolling in, and if you're not ready, they can pile up, leading to compliance issues or even gaps in coverage. The good news? There are some super practical ways to stay on top of it all. From using automation to keep track of every COI to keeping the lines of communication open with vendors, TrustLayer shares simple strategies to keep things running smoothly. One big tip? Automate it! Say goodbye to chasing expired COIs or getting buried in paperwork. With the right COI tracking tools, you can set up automatic reminders and alerts, so nothing slips through the cracks. No more stressing about missing important renewals! The article also covers why accuracy matters. Making sure COIs are correct and up to date is key, especially when you’re dealing with tons of them. TrustLayer explains how technology can help avoid mistakes and make the whole process way more efficient. If renewal season feels like a never-ending to-do list, this is the article you need. Get ahead of the game with tips that’ll make life easier—and your COI tracking stress-free. #riskmanagement #COIs #insurance #insuretech #TrustLayer

Still tracking COIs manually? Here’s why that might be putting your business at risk. 👀 Managing Certificates of Insurance (COIs) by hand might seem straightforward, but it can actually lead to some big headaches—and costly mistakes. Manual tracking is full of potential pitfalls: missed renewals, outdated details, and hours wasted trying to keep things in order. With vendor compliance and coverage rules constantly changing, keeping up with every detail by hand can drain resources and leave you open to risk. When something slips through the cracks, the fallout can be serious. Think about it: if a vendor’s insurance lapses and no one catches it in time, your business could be on the hook for big losses. That’s where automated COI tracking comes in. By going digital, you can save time, reduce errors, and stay on top of things with way less stress. Automated tracking keeps everything in one place, sends you alerts when renewals are due, and keeps you covered with real-time updates. Say goodbye to sifting through stacks of paperwork and wondering if you missed something. In short: manual COI tracking might seem harmless, but it’s a hidden risk you don’t want. Curious about how automation can help? Check out the full article to see why this switch could be a game-changer for your business. #riskmanagement #COIs #insurance #insuretech #TrustLayer

Thinking about upgrading your core system? It's crucial to ensure that all departments are on board and ready for change. Assess whether you need a complete overhaul or just a partial upgrade, and make sure you have the budget and resources for training your staff. Ensuring the system is user-friendly and efficient will make a significant difference. Make a smart, informed decision to drive your business forward! #Insurance #TechUpgrade #SystemImplementation #ChangeManagement Rob Copenhaver Scott Lea Nancy Schulte Linde Wolff Chris Blair Tracy Miller Imraan Hassam Laurel Antti Ken Dobell Becky Harrison

Power Your Insurance Business with TRO’s Skilled Outsourcing Services! 🔍 In the dynamic world of insurance, having a skilled and resourceful team on your side is key. At TRO, we specialize in outsourcing services tailored for brokers and insurance advisors, bringing together a highly trained team to support your unique needs. Here’s what makes TRO stand out in insurance outsourcing: ✅ Expertly Trained Resources – Our team understands the intricacies of insurance, delivering high-quality support to streamline your operations. ✅ Resourceful & Adaptive – From client onboarding to claims processing, our resources are skilled and adaptable, helping you serve clients faster and more efficiently. ✅ Creative Solutions – We bring a fresh approach, finding innovative ways to support brokers and advisors so they can focus on what they do best. ✅ Reliable & Scalable – Need extra support during peak times? Our team is flexible and ready to scale with your business needs. With TRO as your outsourcing partner, you gain a dedicated team that aligns with your goals and helps drive growth. Let us handle the details, so you can focus on building client relationships. Toll Free: 1300903149 Call at: +61 422 429 952 Visit at : https://lnkd.in/gG7--4ed #InsuranceOutsourcing #TRO #InsuranceSupport #SkilledResources #InsuranceBrokers #EfficientSolutions

One place to get all the information needed on the E&S Marketplace! Take the quick read and learn about the current trends in the industry. #crc #property #educateyourself

Great insight here on the Property market! Outlook on Habitational exposure, Builders Risk, Wildfire and more. Reach out to me if you have any questions. #WorkSmarter!#CRCGroup #PlacingYouFirst #InsuranceIndustry #Insurance

CRC Group’s 2024 State of the Markets at a Glance offer short, accessible marketplace summaries that can help you #WorkSmarter! #CRCGroup #PlacingYouFirst #InsuranceIndustry #Insurance

CRC Group’s 2024 State of the Markets at a Glance offer short, accessible marketplace summaries that can help you #WorkSmarter! #CRCGroup #PlacingYouFirst #InsuranceIndustry #Insurance