Expert Insurance Knowledge
myCOI is committed to providing you with the educational content necessary to better manage risk for your business. Check out our blog, case studies, and ebooks for valuable insight into industry trends and best practices.
How Does Causation-Trigger Language Affect Coverage for Additional Insureds?
Companies entering a work contract place the burden of risk closest to the party best able to prevent a loss. In the construction industry, a general contractor would transfer liability to subcontractors in two key ways: 1) indemnification language in the contract and 2) requiring that they be added as an “additional insured” on the […]
Learn MorePremiums on the Rise: How to Ensure Protection From Uninsured Third Party Claims
Auto insurers made headlines last month issuing more than $10 billion in premium refunds and discounts due to the coronavirus pandemic. The bad news is that not everyone is getting money back when it comes to their other insurance plans. In fact, most policy holders can expect to pay higher premiums for reduced coverages at […]
Learn MoreBack to Work: Reopening Resources for Construction and Property Management Businesses
Companies across the country are ready to get back to work. Most states are slowly lifting COVID-19 restrictions using individual timeframes and guidelines based on the status of their public’s health. Things are changing daily, so the myCOI team collected federal, state, and industry-specific resources so businesses can successfully comply with each state’s reopening roadmap. […]
Learn MoremyCOI Offers Flexible Solutions for All Budgets and Business Needs
Stop Choosing Between Insurance Compliance as a “Nice to Have” or “Must Have” How can a business focus on insurance risk management when during a pandemic everything feels like risk management? Business uncertainties and ad hoc cost pressures are creating tough decisions. Having launched myCOI during the recession of 2008-09, we know a fundamental truth: […]
Learn MoreRelationships Matter: myCOI Offers Value-Added Services for Agency Clients
Businesses trust their insurance agent to keep them covered, often without fully understanding their policies. Many take a “worry later” approach. Now with a global pandemic turning the business world upside down, people are anxious, confused, and looking for help. This presents an opportunity for agents to step up for clients in a major way. […]
Learn More10 Tips for Transferring Contractual Risk
Is your company gambling when it comes to risk? You might be on a winning streak, but sooner or later costly third-party injuries, damages, delays, or defects will happen. Contractual risk transfer provides a loss prevention strategy that places the financial burden for claims and litigation with the parties best able to prevent them – […]
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