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Tracking certificates of insurance (COIs) is vital for effective risk management, but it can be overwhelming. To avoid a COI tracking meltdown, consider these tips for better organization and efficiency. Tip #1: Organization—Establish a user-friendly storage system to easily access key information such as limits, exclusions, and expiration dates. Organized files help ensure vendor or tenant compliance and qualification for site access. Tip #2: Automation—Utilize technology to enhance productivity. Automating tasks like sending expiration notices and managing renewals can save time and tailor communications to meet customer needs. Implementing these strategies can help streamline your COI management process and regain control of your busy schedule.
