The Insurance Desk: An Important Part of Contract Management

Written by kimberlyc

February 8, 2018

Within the life span of a contract, contract management can encompass several years. During each option year, new insurance certificates must be submitted and tracked. A lapsed insurance policy opens the potential for liability issues for your agency. Let’s admit it, with all that is going on in a procurement office on any given day, tracking insurance certificates often gets pushed to the bottom of the list. An automated system can take away some of that burden, allowing for greater tracking and transparency.

The Insurance Certificate Management module, paired with My Insurance, provides agencies and vendors innovative tools to conduct all insurance related tasks. Attend one of our upcoming free webinars or ask for a demo!

Key Features:

  • A new streamlined workflow.
  • Define insurance requirements and request automatically.
  • Vendors can view requirements and submit insurance info online.
  • Centralized repository of insurance certificate data.
  • Ability to create templates for standard agency insurance and common coverage requirements.