Certificate of Insurance Tracking & Management By Ebix BPO Call Us Toll Free: 1-800-996-9964

 
 
 
  Online Benchmark Survey
 

Online Benchmark Survey

Your answers to this benchmark survey will be compiled with answers from your peers in similar industries.  All participants will recieve a free benchmark reports in exchange for their participation.

Contact Info
Certificates of insurance
Company Name:
Certificates of insurance
Contact Name:
Certificates of insurance
Email:
Certificates of insurance
Phone:
Certificates of insurance
Business Requirements
Certificates of insurance
1. Describe your Senior Managements level of concern about 3rd party insurance compliance and uninsured losses:
 
Certificates of insurance
  Very concerned
Certificates of insurance
  Moderately concerned
Certificates of insurance
  Not on Radar
 
2. What is your target compliance rate for incoming Certificates of Insurance?
 
Certificates of insurance
  86% - 100%
Certificates of insurance
  70% - 85%
Certificates of insurance
  50% - 70%
Certificates of insurance
  Under 50%
Certificates of insurance
  No specific target set
 
3. What is your current method for monitoring insurance compliance?
 
Certificates of insurance
  Manual, no use of systems/software
Certificates of insurance
  Use software developed in-house
Certificates of insurance
  Use purchased software
Certificates of insurance
  Use web based software (ASP)
Certificates of insurance
  Third party service provider/outsourced
Certificates of insurance
  None
 
4. How many different sets of coverage requirements (or risk profiles) do you have?
 
Certificates of insurance
  1
Certificates of insurance
  2-5
Certificates of insurance
  6-10
Certificates of insurance
  11-20
Certificates of insurance
  More than 20
 
5. What is your AM Best minimum rating requirement?
 
Certificates of insurance
  A
Certificates of insurance
  A-
Certificates of insurance
  B+
Certificates of insurance
  B
Certificates of insurance
  B-
Certificates of insurance
  Not specified
 
6. What is your allowable Self Insured Retention without a specific review?
 
Certificates of insurance
  Up to $5,000
Certificates of insurance
  Up to $10,000
Certificates of insurance
  $10,000 to $25,000
Certificates of insurance
  $25,000 - $100,000
Certificates of insurance
  $100,000 - $500,000
Certificates of insurance
  $500,000 - 2 Million
Certificates of insurance
  Unlimited
Certificates of insurance
  All SIR's are reviewed
 
7. Additional Insured Requirements:
 
Certificates of insurance
  Can be shown on the face of the certificate.
Certificates of insurance
  Must be provided on a "stand-alone" endorsement.
Certificates of insurance
  No additional insured requirement
 
8. Do you require a Waiver of Subrogation for GL?
 
Certificates of insurance
  Yes
Certificates of insurance
  No
 
9. Do you require a Waiver of Subrogation for WC?
 
Certificates of insurance
  Yes
Certificates of insurance
  No
 
10. Do you accept binders as initial evidence of coverage?
 
Certificates of insurance
  Yes
Certificates of insurance
  No
 
11. What is your organizations primary business?
 
Certificates of insurance
  Aviation     Banking/Commercial Finance
Certificates of insurance
  Oil & Gas     Commercial Construction
Certificates of insurance
  Residential Construction/Homebuilding     Entertainment
Certificates of insurance
  Food Service     Government
Certificates of insurance
  Healthcare     Manufacturing
Certificates of insurance
  Pharmaceutical     Property Management
Certificates of insurance
  Restaurant     Retail
Certificates of insurance
  Telecommunication     Transportation
Certificates of insurance
  University     Utility
 
Certificates of insurance
   
 
Copyright © 2010   Ebix BPO   All Rights Reserved