Blog
Learn from the pros about risk-mitigation, document tracking, and more, with expert articles from Business Credentialing Services.
Building Your Contractual Risk Transfer Strategy
Effective contractual risk transfer strategy includes insurance requirements and the collection of documentation, correction processes and the storage and accessibility of that data.
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Everything You Need to Know About Primary & Noncontributory Endorsements
Primary and noncontributory language in an insurance policy protects those listed as additional insureds from costly third-party liability.
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Increasing Your COI Compliance
Clear contractual language, effective internal policies and communication, and centralized tracking are several ways to increase COI compliance.
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More Articles from BCS
The Essentials of Contractual Risk Transfer
Contractual risk transfer is the ability to transfer a risk/loss from one party to another party through the language written in a contract.
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You Could Face Tort Liability For Your Independent Contracts
You Could Face Tort Liability For Your Independent Contracts
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Achieve Compliance With Certificate of Insurance Tracking Software
Certificate of insurance tracking software, such as the BCS App, helps companies achieve and maintain compliance via a customizable, user-friendly platform and centralized data hub, which among other features, monitors and even visualizes vendors by compliance status.
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What Is OFAC?
The Office of Foreign Assets Control (OFAC) is a financial intelligence agency of the U.S. Department of Treasury that develops and enforces trade sanctions to support homeland security and foreign affairs initiatives.
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Vendor Screening: Know Who You're Working With
Vendor screening can help reduce your liability when taking on third-party subcontractors. Depending on your industry, OFAC debarment screening, EHS screening, financial screening, and legal screening may hold significant benefits.
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5 Steps for Thorough Tenant Screening
Thorough tenant screening includes creating tenant criteria, conducting pre-screening interview calls, collecting rental applications, running rental background checks, and following up with tenant references.
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What Is a Certificate of Insurance & Why Do I Need It?
A certificate of insurance (COI) is a document that serves as proof of business insurance. It is a snapshot of an insurance policy containing all the most important details of the policy, and helps protect against third-party risk.
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