ITS is Risk Management
Consider the valuable rewards organizations gain when consulting ITS to perform their certificate of insurance tracking:
Increased Productivity
By hiring ITS you will be able to:- Avoid the hassles of complicated and time-consuming insurance explanations
- Reassign staff to more critical activities
- Save time, money and space
Manageable Risks
ITS is proactive in the enforcement of your insurance requirements and will be corresponding directly with each party required to provide insurance. This helps you by:- Avoiding errors & omissions
- Warranting that the insurers providing coverage are solvent by monitoring their AM Best rating
- Maintaining a clear, easy-to-understand warning system to monitor noncompliant parties
Reduced Costs
ITS protects the financial interests of our clients. Though it may seem like an added expense, consulting ITS actually saves money. Our clients have been spared millions of dollars due to the:- Avoidance of certain lawsuits, action-over claims and uninsured work
- Elimination of expensive litigation costs and attorney fees associated with these types of claims
- Reduced insurance premiums as a result of an effective risk transfer program
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