A waiver of subrogation is a contractual provision that indemnifies third-party subcontractors from liability, effectively revoking an insurer's right to recoup losses from a claim concerning third-party fault for incurred damages.
Among other features, it provides real-time compliance status updates and is easily customized to reflect your business's unique compliance requirements, no matter how complex.
Beyond just tracking certificates, BCS delves into the real details of insurance coverage to unmask exclusions that could otherwise put your organization at risk.
Most solutions will try to put a cap on this, but our compliance analysts handle all the inbound/outbound vendor support necessary to get them compliant.
Our advanced analytics tools provide the insight you need to make the best risk management decisions, in real time.