The time needed to accurately check, follow-up, resolve discrepancies, and re-check certificates, then do it again on renewal, can be astonishing.  Yes, your company could hire someone who is highly skilled at reading detailed contracts and understands the particulars of insurance language. But why would you when you could save so much money by outsourcing the entire program to a team of professionals who will know the nuances of your particular program and will be dedicated to the success of your company!

THE ICA TEAM:

 

• 15 years experience and current tracking of tens of thousands of vendors’ insurance

• Certificate management experts

• Strong insurance connections

• Greater knowledge at less cost

• Reliable compliance validation

• Sarbanes-Oxley compliance control

 

In our experience we have found that if a company has 300 or more vendors, a full-time staff member would be required to manage certificate tracking effectively (full-time would include benefits and/or retirement; generally 25% to 30% more than the salary alone).  If a company has less than 300 vendors, generally a part-time employee could be hired to handle the tracking program.  But, again, why would you hire a full-time or part-time employee when for half of the price, you could get the team of experts on the ICA staff?!