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Delegate Administrative Work
Collecting, reviewing, and managing subcontractor insurance policies and coverage can be an administrative challenge. We offer a Subcontractor Policy Management service and technology program through Docutrax, a verification and document management company, to help ease the burden of managing your subcontractor risk through improved compliance and reduced paperwork.
Subcontractor Policy Management Reviews Compliance of:
- Specific Insurance Coverages
- Exclusionary Language
- Expiration Dates
- Additional Insured Language and Endorsements
- Waivers of Subrogation
- Insurance Carrier Financial Strength and Stability
Subcontractor Policy Management Makes it Easy for General Contractors to:
- Collect and track subcontractor policies, insurance certificates, endorsements and subcontractor agreements
- Take corrective action on non-compliance subcontractors
- Identify gaps in coverage subcontractors have for the hired scope of work
- Track and notify upcoming renewals to verify that subcontractors’ renewal coverages are compliant
- Easily identify and manage non-compliant subcontractors through an online portal
- Get real-time status and reporting
- Access timely and responsive communications
Here are Exclusions That can be Identified:
- Third-party Over Action
- Subcontractor/Employer Injury
- Height Limitations
- Residential Exclusions
- Designated Ongoing Operations Exclusion
- Other Unique Exclusions
Every construction project has unique needs. The Subcontractor Policy Management service has scalable pricing to fit the needs of varying construction budgets.