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Certificate Tracking Services

Certificate-Tracking-ServiceReal estate firms routinely wrestle with the issue of accurately accessing their risk exposure generated by their core business activities and contractual obligations. These contractual obligations are often complex and require the ability to:

  • Quickly and accurately provide and verify evidence of insurance from tenants, property management, vendors and suppliers
  • Demonstrate expertise in the area of contract compliance, verifying coverage types, coverage limits, coverage effective dates and additional insured status, including endorsement review
  • Secure compliance from tenants and third party vendors or implement alternatives to force place coverage or deny payment for services
  • Communicate status of all interested parties: risk management, property manager, legal, etc.

W.A. GEORGE CERTIFICATE TRACKING OFFERS A SOLUTION

Real Estate clients that contract W.A. George for assistance with their compliance needs can rely upon
Service certificate of insurance tracking solutions leveraging stateā€“of-the-art web-based software and comprehensive business services to:

  • Automate and centralize the administration of the third-party insurance compliance for our clients by managing their COIs
  • Evaluate certificates based on contract requirements
  • Review additional insured endorsements where required
  • Monitor compliance, including follow-up for non-compliant vendors
  • Request renewal certificates prior to expiration
  • Generate compliancy status reports
  • Document history of certificate status and review process
  • Store insurance documents electronically for easy retrieval by client

FAST AND ACCURATE ASSESSMENTS

The W. A. George certificate tracking center provides an efficient way to companies to manage risk from sub-contractors, vendors and suppliers.

W. A. George delivers quality control and service standards that can improve operational performance in the following areas:

  • Accounts payable/receivable functions
  • Accuracy in the verification of sub-contractors, vendors and suppliers required insurance protection
  • Compliance to internal quality control standards with documented certificate status, review process and correspondence

REDUCES WORKLOAD

W.A. GEORGE provide 72-hour turnaround for transcription and compliance reviews

  • On-demand reports
  • Protected, customer-owned data
  • Initial requests for evidence of insurance
  • Notifying non-compliant parties, clearly communicating insurance deficiencies and setting compliance deadlines

WHY W.A. GEORGE?

  • Insurance expertise
  • Experience with tracking
  • Accuracy
  • Consistent delivery
  • Highest level of customer service

Financial Insurance