Management of Liability Insurance Certificates

Liability Insurance Information Management 

Venchek will maintain a database of approved member vendors’ current insurance liability certificates.  This will improve efficiency of confirming insurance and provide additional benefits, including:

Decreased Management Costs

No time-consuming tracking and repetitive reporting of insurance.
Venchek will maintain a database which will allow the retrieval, storage and management of the vendors’ certificates of insurance, and which will allow Venchek to report on same.

Reduce Exposure Resulting From Uninsured or Underinsured Vendors

Venchek will correspond directly with your vendors and their insurance personnel to make sure they comply with all of your reported insurance requirements.

Venchek’s insurance certificate management program monitors liability insurance compliance on a monthly basis.
Venchek verifies carrier rating and validity of producer/agent.

Vendor Database Management

Venchek maintains a customized verification database for each of its clients, with all profiles available for viewing 24/7 via a secured website from which our clients can generate a variety of standard reports. Customized reports can also created based on your specific needs and objectives.

Clients can also communicate with our office in regards to any particularities. For example, if a specific insurance requirement is to be waived for a single vendor, we can update our records to indicate this unique arrangement and document the transaction.

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