Product Update

Certificate Tracking Platforms Updated in Construction Risk Management

This release of Construction Risk Management contains an updated review of several prominent certificate tracking platforms.

Some companies manage the tracking of certificates of insurance internally, but many choose to outsource this function. Automated certificate tracking systems offer greater accuracy and efficiency than manual methods. The increased demand for certificate management services has unquestionably led to significant improvements in certificate tracking services over the past several years. Most certificate management systems have common features, such as the ability to sort data by various fields, customize insurance requirements, verify compliance with the specified requirements, generate follow-up correspondence when at least one requirement is not met or when coverages are due to expire, and prepare various reports.

As the capabilities of the systems have become more homogenous, providers must distinguish themselves in the areas of service, experience, and price. In some cases, the decision may just come down to which system a given customer finds easiest to use. Use our review of certificate tracking services to narrow the field of systems to demo for your company's potential use.