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We will ensure that all your
business relationships are fully compliant with your agreements
from leases to service contracts. We can track multiple
agreements including the tracking of multiple insurance
carriers, policy numbers, varied expiration dates, endorsements
and other details.
CSC will:
·
Provide advice
concerning effective wording of insurance in contracts and other
documentation.
·
Track and verify compliance
of insurance certificates and other documentation to
ensure adequate coverage and endorsements, as well as
insurance company solvency and other requirements.
·
Provide
automatic reminders to your subcontractors, lessees, etc. when
they have insurance renewals due.
·
Notify
subcontractors, lessees, etc. when they have deficient
certificates and explain exactly what must be amended to meet
contractual requirements.
·
Provide
you with monthly reports identifying the results of CSC’s
efforts and highlighting chronic cases of non-compliance and
other problem situations.
·
Provide
you with continuous access to all of your compliance records
through a secure Internet site.
Purchase security at reasonable
fees
CSC has found that organizations have growing concerns over tracking
contractual obligations and investing great sums to administer
programs internally. Between salaries, cost of employee benefits
and payroll taxes, the expense to diligently track compliance
can greatly impact an organization's bottom line. CSC can
provide services on an outsourced basis for a fraction of the
cost of internal administration. In addition, our staff possess expertise in the field of Insurance and Risk
Management.
Benefit from the results
Through our work for clients in nearly every industry, CSC
consistently identifies cases of internal compliance programs
with deficient systems. Even those clients who believed they had
set up a solid tracking mechanism have often failed to verify
key information on third party documents that could have
resulted in significant losses and increased premiums. These
clients come to understand that the pursuit of correct certificates
is a very time consuming activity.
CSC’s work ensures your
agreement standards are maintained by third parties. We reduce
your potential for uninsured or underinsured claims resulting
from those with whom you work. And CSC commits to complete
confidentiality with all client interactions.
Reports & Validations
of Service
Depending
upon your needs, quarterly or monthly
reports are produced. Our reports:
- Show improvement of
compliance levels from the
a) date we were retained
b) date of previous report
- Highlight areas &
causes of non-compliance
- List third parties who have not provided a compliance
document
- List third parties
that have
refused to respond or take efforts to reach full
compliance after three written requests.

The
above graph portrays actual results of "before"
(golden yellow) and "after" (blue) compliance levels as a result of retaining CSC to monitor Insurance Certificates.
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