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Risk Management Expert: Enhancing COI Reviews, Addressing Risk in Inexperience & Modernizing Insurance Practices

Risk Management: Brick by Brick

CHAPTER

Navigating Certificates of Insurance in Risk Management

This chapter focuses on the essential process of reviewing Certificates of Insurance (COIs) and their role in risk management for organizations, especially in construction and property management. It discusses the importance of validation and maintaining compliance with insurance obligations, highlighting the risks of inadequate oversight by inexperienced personnel. Additionally, the chapter emphasizes the need for ongoing compliance checks and best practices to ensure contractors maintain adequate coverage throughout project durations.

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