Blanket Insurance Requirements: How You Can Minimize Subcontractor Friction and Reduce Admin Work
Table of Contents What Are Blanket Insurance Requirements (AKA Annual Insurance Requirements?) Choosing When to Use Blanket Insurance Requirements Choosing When to Use Project-Specific Requirements Getting Started with Blanket Insurance Requirements Introducing Global Insurance Requirements via the Jones Procore Integration What Using Global Insurance Requirements in Jones Looks Like Getting Started with Global-Level Insurance Requirements […]
Insurance Is a Team Sport: How Jones Makes Collaborating on Certificates of Insurance Easy
Long email threads are difficult to follow, and most COI management solutions don’t have features that make working together easy. Here’s an example a customer shared with us of their COI collection and review workflow before they moved to Jones: Assistant property manager requests COI via email. Vendor forwards the email to their office manager. […]
The Jones Insurance Insider #5: Additional Insured Verbiage Leaves Property Management Company Excluded from Coverage in Three-Way Suit
Generally, contracts with third parties provide commercial building owners with ironclad insurance risk protection—even when something goes wrong with a COI. As property managers, you don’t receive the same protections (unless you are a signatory to the contract). So, if a third party neglects to add you as an Additional Insured, even if you think […]
Early Access: Video Course on Comparing COIs to Insurance Requirements Extracted from Leases
Introducing Our New Video Course We’re trying to fill the knowledge gap with our newest video course, designed to make it a bit easier for you to compare the policies and limits listed on your tenant COIs to what insurance is required by your leases. Our work helping property management teams at some of the […]
Top COI Tracking Insights: How Jones Reviews Compliance Effectively
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! Get in touch with us via the form below to find out more about how Jones can help your organization more effectively insulate itself from insurance risk with […]
How Jones Auditors Review Endorsements for Compliance
How Jones Reviews Insurance Documents The process our team of insurance document reviewers follows while checking COIs and endorsements sets us apart from our competitors. Part one of this blog covered the review of COIs and their limits for compliance, but didn’t cover endorsements. During the COI review process our auditors may see endorsements evidenced […]
The Jones Insurance Insider September 2023: Property Management Company Left on the Hook in Slip and Fall Suit over COI Confusion
Property Management Company Left on the Hook in Slip and Fall Suit over COI Confusion A simple slip-and-fall lawsuit spiraled into a liability headache for a New York based property management company after a court ruling blocked its attempt to deny responsibility for the incident. The plaintiff in this suit slipped and fell on black […]
How Jones Auditors Review Certificates of Insurance for Compliance
Getting Ready to Review COIs for Compliance with Customer Notes Reviewing Basic Details of COIs for Compliance Section by Section COI Review for Compliance What About the Description of Operations and Endorsements? Communicating Gaps to Customers Comparing Our Review Standards to Competitors Putting Jones Insurance Experts Like Jessica to Work for You Note: interested in […]
Building an Elite Team of COI Review Experts
Why You Need Trained Document Review Experts for Your COIs The Acord 25 form is a dense insurance document. Between having to review a COI for policy numbers and limits, effective dates, and expiration dates for the core four policies, you’re already looking at over 30 fields for potential non-compliance. This doesn’t begin to take […]
The Jones Insurance Insider August 2023: Court Rules in Favor of Insurer’s Right to Charge GC for Failing to Collect COIs from Subcontractors
Court Rules in Favor of Insurer’s Right to Charge GC for Failing to Collect COIs from Subcontractors What happens when your subcontractors fail to provide certificates of insurance (COIs) and then your insurance company finds out? They aren’t your employees, so you shouldn’t be on the hook for additional charges from your insurer… right? Not […]