Certfocus & Industry News

Welcome to CertFocus & Industry News. CertFocus is the service and compliance leader in SaaS-based Certificate of Insurance tracking and related document management to the Fortune 500 and leading public sector community. Along with our commitment to provide the industry’s highest levels of service and compliance in Certificate of Insurance tracking, we also want to provide you with valuable news and happenings content. Please visit our newsroom as frequently as you like to access relevant industry news, to find out where CertFocus will be exhibiting, and to see what events we are sponsoring.

What Does COI Compliance Mean? Being Able to Sleep at Night

Posted by marketing@certfocus.com on July 21, 2017

CertFocus Testimonial: Lisa Kerr from CertFocus on Vimeo.

Lisa Kerr is the VP of Risk Management at Henry Schein. When she thinks about what certificate of insurance compliance means, she thinks about peace of mind—being able to sleep at night. COI compliance means knowing that Henry Schein has a comprehensive program to gather insurance certificates from suppliers so the business has evidence that all contractual requirements are met.

Kerr explains the organization also uses their COI compliance program as a way to demonstrate, with statistics about compliance tracking, how they have this comprehensive program to manage compliance. This is an important part of negotiating to keep insurance rates down.

CertFocus allows Henry Schein to analyze risk by eliminating the admin, by looking at where they have gaps, and by exploring how they can further improve compliance. CertFocus is the service and compliance leader in SaaS-based Certificate of Insurance to the Fortune 500 and leading public-sector community. To learn more, please enjoy this video.