Other Services
Compliance verification is more than confirming the existence of a document. We will verify that an insurance certificate or other legal document meets the requirements you set in your contract.
We will ensure that all your business relationships are fully compliant with your agreements from leases to service contracts. We can track multiple agreements including the tracking of multiple insurance carriers, policy numbers, varied expiration dates, endorsements and other details.
We will:
- Provide advice concerning effective wording of insurance in contracts and other documentation
- Track and verify compliance of insurance certificates and other documentation to ensure adequate coverage and endorsements, as well as insurance company solvency and other requirements
- Provide automatic reminders to your subcontractors, lessees, etc. when they have insurance renewals due
- Notify subcontractors, lessees, etc. when they have deficient certificates and explain exactly what must be amended to meet contractual requirements
- Provide you with monthly reports identifying the results of CSC’s efforts and highlighting chronic cases of non-compliance and other problem situations
- Provide you with continuous access to all of your compliance records through secure Internet site
Purchase security at reasonable fees
We have found that organizations have growing concerns over tracking contractual obligations and investing great sums to administer programs internally. Between salaries, cost of employee benefits and payroll taxes, the expense to diligently track compliance can greatly impact an organization's bottom line. We can provide services on an outsourced basis for a fraction of the cost of internal administration. In addition, our staff possess expertise in the field of Insurance and Risk Management.
Benefit from the results
Through our work for clients in nearly every industry, we consistently identify cases of internal compliance programs with deficient systems. Even those clients who believed they had set up a solid tracking mechanism have often failed to verify key information on third party documents that could have resulted in significant losses and increased premiums. These clients come to understand that the pursuit of correct certificates is a very time consuming activity.
Our work ensures your agreement standards are maintained by third parties. We reduce your potential for uninsured or underinsured claims resulting from those with whom you work. We commit to complete confidentiality with all client interactions.
Reports & validations of service
Depending upon your needs, quarterly or monthly reports are produced. Our reports:
- Show improvement of compliance levels from the
(a) date we were retained
(b) date of previous report - Highlight areas & causes of non-compliance
- List third parties who have not provided a compliance document
- List third parties that have refused to respond or take efforts to reach full
