Blog
Learn from the pros about risk-mitigation, document tracking, and more, with expert articles from Business Credentialing Services.
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.
Read Now
You Could Face Tort Liability For Your Independent Contracts
An employer may be liable for the tortuitous actions of an independent contractor if the employer is negligent in selecting, instructing, or supervising the contractor; if the employer has a non-delegable duty, arising out of some obligation to the public; or if the work being done by the contractor is inherently dangerous.
Read Now
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.
Read Now
More Articles from BCS
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.
Read Now
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.
Read Now
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.
Read Now
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.
Read Now
What Does a Background Check Include?
While the criteria of a background check is ultimately decided by the employer, a typical candidate screening may include criminal history, vendor credentials, alternate business names, insurance compliance, customer reviews, and Better Business Bureau standing.
Read Now
What Is Commercial General Liability?
Commercial General Liability (CGL) is a type of insurance coverage that will protect a business from risks including bodily harm, property damage, advertising and personal injuries.
Read Now
What's the Difference Between Occurrence & Claims-Made Insurance?
An occurrence policy has lifetime coverage for the incidents that occur during its policy period, regardless of when the claim is reported. A claims-made policy only covers incidents that happen and are reported within the policy's time frame, unless a 'tail' extension is purchased.
Read Now