How To Select COI Compliance Management Software – The Ultimate Guide
TL;DR: COI compliance management software aims to automate and simplify the processes around collecting, validating, and maintaining data on vendors’ and tenants’ insurance coverage. Many businesses have no idea how non-compliant they are, and are shocked when they discover this – along with the massive liabilities that they can be exposed to. Different software packages […]
10 Common Mistakes Real Estate Companies Make When Approaching Insurance Compliance Management
Note: interested in exploring how Jones can help you automate your compliance management end-to-end and de-risk your building? Talk to our team of experts today! Let’s Chat! Table of Contents 1. No adequate resources for Property Managers 2. Lack of a clear waiver strategy 3. Setting unrealistic compliance goals 4. Failing to set compliance KPIs […]
Low Compliance Rate? Time to Review Your Building’s Insurance Requirements
Note: interested in exploring how Jones can help you automate your compliance management end-to-end and de-risk your building? Talk to our team of experts today! How do you know your insurance requirements warrant an audit? A good indicator is the following combination: High rate of non-compliant records on file that are missing a policy or […]
Jones Guide to Reviewing Property Insurance
Table of Contents: Property Insurance vs. Property Component of General Liability Where to find evidence of Property Insurance How to review Property Insurance for compliance Property Insurance: Basic, Broad, and Special forms Property Insurance: Business Interruption Note:interested in exploring how Jones can help you automate your compliance management end-to-end and de-risk your building? Talk to […]
How to Maximize Your Insurance Broker Relationship And Make Them an Asset to Tenants
Understand the Role of a Commercial Insurance Broker Briefly, a commercial insurance broker is an intermediary between you (the buyer) and the insurer. Their job is to make the buying experience as seamless as possible by identifying risks and mitigating them with the appropriate coverage. In short, they are your personal policy shopper, not to […]
Introducing Tenant-Vendors from Jones
For Property Managers: Gone are the days of vendor requests from tenants becoming massive email chains in your inbox. With Tenant-Vendors you can now have the peace of mind knowing that tenants are bringing compliant vendors into your property. Now you can improve tenant experience by empowering all office managers to seamlessly make vendor requests […]
6 Benefits of the Jones and Procore Integration for Managing Risk and Compliance
Note: interested in exploring how Jones can help you automate your compliance management end-to-end? Need a compliance solution that integrates with your Procore account? Talk to our team of experts today! #1. Automate your compliance workflow from within Procore Gone are the days of manually auditing, tracking, and reporting on insurance compliance. If Procore is […]
How to Nail Implementation for COI Management Software
First things first. Compliance solutions might differ, but the implementation process is supposed to follow the best practices of project management. In this post, we will describe the process at Jones, but you can follow along and apply the rules we describe for any insurance compliance tool—or any software. Here is one key thing we […]
Vendor’s Guide to Insurance Verification for Commercial Properties
We are going to send A LOT of emails. Here is why: We need to keep everybody on the same page: you, the property manager, and your client. The volume of emails will subside after we get through the initial slump. Promise. Here’s all the emails that we will send you: Insurance documentation collection If […]
Tenant’s Guide to Insurance Verification for Commercial Properties
So, your building has implemented Jones to manage tenant insurance compliance. This is good news for you. First, we will help you be fully compliant with the insurance requirements in your lease. Second, you will experience a much better experience with all things COI management in the long run. Specifically, once we collect, review, and […]