CFO Magazine
Insurance Bloodhounds, Keeping Insurance Certificates Up-to-Date and Accurate
Keeping insurance certificates up-to-date and accurate can often mean the difference between a lawsuit and a tendered claim. But according to Ebix BPO (800-996-9964) most firms lack the resources to organize their certificates efficiently.
Enter Ebix BPO, the California based company monitors clients’ certificates of insurance, making sure that all data is accurate, and that endorsements are current. In additions, Ebix BPO tracks expiration dates and sends notices to request renewal information.
For example, before Atlanta based Rosenblum & Associates hired Ebix BPO, it had thousands of insurance certificates a year and an inadequate system to manage them. Says president Keith Rosenblum, "Not only did Ebix BPO save us millions, but it also saved us intense labor hours." |