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ITS Publications
What is a Certificate of Insurance?
A certificate of insurance is a document describing the insurance policies maintained by an insured or insureds. It identifies the policy number, effective and expiration dates and name of the insurance company affording coverage.
The certificate of insurance generally acts as proof or evidence of insurance. It provides limited information relating to the policy maintained and is not considered an insurance policy or an insurance endorsement.
For contracting purposes, insureds are required to name or schedule specified persons or organizations onto their insurance policies. Such requests are accommodated by adding endorsements to the insurance policies. Collecting actual copies of the required insurance endorsements along with the certificate of insurance is essential, as certificates generally do not alter, extend or afford coverage to any party other than the named insured(s).
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Essential Risk Management Starts Here
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In today's market, companies are looking to cut costs in any place possible, this includes reducing the amount of insurance and coverages maintained. To ensure your organization is aware of these types of changes, it begins with an effective certificate of insurance tracking program.
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Certificate of Insurance Issuance by ITS
EXPERT CERTIFICATE OF INSURANCE ISSUANCE
Utilizing ITS to issue your customers certificates of insurance has never been easier.
We help our customers cut costs, reduce work flow and still ensure that each certificate is issued in a timely and accurate manner. Once an insured is active in our system, the process is simple - submit the certificate holder's requirements and ITS will take care the rest. More.
Organizations in every industry utilize ITS to track and manage their incoming certificates of insurance. Our technology and insurance expertise permit quick and precise execution while ensuring each customer is handled on an individual basis. More.
Insurance agents, brokers and carriers trust ITS everyday to issue their certificates of insurance. Our innovation and prompt action has helped our customers reduce costs and increase efficiency. More.
