You Could Face Tort Liability For Your Independent Contracts

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.

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.

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.

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.

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.

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.

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.

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.