Appetite for risk?

  Vance Strange with AMCS Global, here! In our world of unforeseen, often devastating hazards, every company should know their appetite for risk. What risks, you ask? The ongoing, unknown risks surrounding your 3rd party vendors. It doesn’t matter what type of 3rd party. They all carry specific risks. And the risks your company doesn’t proactively protect…

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Protect Your Assets

Building a business is tough. 
Rewarding? Yes. Challenging? Sure. 
Easy? Not even close.
We understand the amount of work that 
goes into creating a successful company. 
And we understand what it takes to protect your company from the unforeseen accidents
that you’ll encounter on your journey.

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ACORD 25 Manual Tutorial

Why monitor your certificates?
➔ Stay compliant with insurance requirements
➔ Reduce your company’s exposed liability
➔ Ensure peace of mind for your company
Don’t worry. We can help.
Failure to monitor may result in
➔ Financial losses
➔ Lawsuits
➔ Bad publicity

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OSHA Penalty 2016

  OSHA Penalty Adjustments To Take Effect After August 1, 2016 In November 2015, Congress enacted legislation requiring federal agencies to adjust their civil penalties to account for inflation. The Department of Labor is adjusting penalties for its agencies, including the Occupational Safety and Health Administration (OSHA). OSHA’s maximum penalties, which were last adjusted in…

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The Proactive Page

Vicarious liability holds you accountable for any uncovered 3rd
party damages.
Certificates of Insurance help provide you with protection against
losses due to workplace accidents, injuries, and misconduct.

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COI

The definition and real-life application of a COI
Who should have a Certificate of Insurance
Why is a Certificate of Insurance Important

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A Proactive Process

Protecting Your Assets with a Strategy Vicarious liability holds you accountable for any uncovered 3rd party damages. Certificates of Insurance help provide you with protection against losses due to workplace accidents, injuries, and misconduct. Failure to properly collect, review, and monitor 3rd party certificates of insurance for all ongoing updates could have disastrous results. Check your certificates A certificate of insurance has sections for the different types of insurance: general liability, auto, umbrella, workers’ compensation. Here is your checklist. Insured’s name and mailing address  Insured’s insurance agent | mailing address  Agency’s contact person | name of insurers  Operations insured will perform  Name and address of certificate holder  Insurer’s obliged notification if canceled  Insured’s policy number, effective date, and  Limits provided for…

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Insurance Liabilities

Where are your liabilities? You’ve built an amazing business, but do you know where your liabilities are? We understand the costly and dangerous risk of having uninsured, third-party vendors. We know what an accident could mean to your company. We don’t like to admit it, but there will come a time when one of your…

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Exposed Liability

Attention Business Owners! You never thought twice about your third-party vendors, until one of them had an accident… Revealed on this page: Exposed Third-Party Liabilities: How they could shut down your business. “In-House” Insurance Monitoring: Why it is a practice that could cost you everything. Ignoring the Third-Party Problem: How this is the worst strategy…

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Experts on Your Side

3 Best Reasons For Hiring Experts to Monitor Your 3rd Party Insurance Most business owners have built their dreams from scratch, or paid a substantial licensing fee to open a franchise. Either way, the investment of time and money are absolutely worth protecting. No one wants their hard earned success to be stolen by an…

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Additional Insured

Additional Insured | 5 Vital Questions Businesses Should Ask Themselves “Additional insured”, in regards to business operations, is a subject that is often disagreed upon, misunderstood, and misinterpreted. But 2 things are for certain: You need to know what Additional Insured means And if you are at risk without an endorsement on your vendors’ insurance…

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Vicarious Liability

Vicarious Liability | The Most Dangerous Risk To Any Business Owner Your business has been operating for years with no incident. You are growing, opening new locations, hiring a larger workforce. Things are great. Then a 3rd party vendor has an accident. His insurance only covers one hundred thousand dollars in damages. The result is a…

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Insurance Agents

Part 1: WEBVIEW™ – 3 Steps to Peace of Mind 1) Collect- Our account experts contact clients, 3rd party vendors, and the insurance agents to collect current insurance certificates and contractual documents. When non-compliance is detected, our representative immediately notifies everyone mentioned above. Compliance issues may arise anytime during the life of a policy. 2)…

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Hiring the Experts

Hiring Experts to Monitor Insurance and Manage Documents You’ve built your dreams from scratch. The investments of time and money are absolutely worth protecting. Be pro-active. 3rd party insurance monitoring and document management is an ongoing and ever-changing task that all business owners face. It’s tedious. Time consuming. Insurance requirements are often adjusted, calling for updated…

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COI Quick Guide

Your COI Quick Guide You are building your business for success. As your company grows, you naturally take on bigger responsibilities, a larger workforce, and more liabilities to track. Whether you operate single or multiple locations, there’s one fact that remains. Exposed third-party liabilities could shut it all down. Having this quick guide is a…

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Solutions Page

Solutions Page Have you ran into problems with certificates of insurance? No endorsements? Wrong Additional Insured? Certificates of insurance are extremely important to you as the business owner or 3rd party contractor. They must reflect the insurance policy in place. And they must be completely correct. Here are some problems with certificates of insurance and…

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AMCS WEBVIEW™

What if you had this advantage over the competition? What if you could offer a new, extremely valuable service that lands you larger clients? Big insurance houses spend tons of money on a proven program like this. We’ve provided insurance certificate monitoring to Fortune 100 companies globally for over 30 years. Our clients have put…

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