Risk Toolbox Announces Launch of New Certificate of Insurance Tracking Service - KOAM TV 7

Risk Toolbox Announces Launch of New Certificate of Insurance Tracking Service

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Risk Toolbox, Inc.

PARSIPPANY, N.J., Feb. 6, 2014 /PRNewswire/ -- Hi-tech risk management firm Risk Toolbox, Inc. has launched an innovative cloud-based service, CertTool, to assist businesses with the collection and management of Certificates of Insurance (COIs).  

Managing COIs is a complex, labor-intensive and often inaccurate process associated with high administrative expense and poor levels of compliance.  Risk Toolbox's unique method can reduce costs 50% or more while eliminating 70% of data entry.  

"We are very pleased to be able to offer a comprehensive risk management solution that removes a considerable administrative burden while reducing exposure to unnecessary third-party claims," says Martin Mick, CEO of Risk Toolbox.  "CertTool is an ideal service for property managers, contractors, retailers and public entities who are required to collect COIs from their tenants, vendors and contractors. In addition, insurance agencies are providing CertTool as a value-added service to their own clients."

This advanced online B2B risk management product uses proprietary algorithms to rapidly evaluate, monitor and communicate with all parties involved in the process.  Compliance verification and notification are automated, inherently improving timeliness, attention to detail, and better rates of insurance coverage compliance.

CertTool has garnered early acceptance by private and public companies, business services and municipal governments.  "We expect a great 2014," says Mick.  "Once you see the system in action it practically sells itself."

CertTool is a subscription-based system operating in real-time from any device with access to the Internet.  To learn more, visit our web site at http://risktoolbox.com or email info@risktoolbox.com to schedule a demonstration. 

Martin D. Mick

©2012 PR Newswire. All Rights Reserved.

Powered by WorldNow

KOAM - Licensed to Pittsburg, Kansas
Send tips, ideas and press releases to: tips@koamtv.com
Send newsroom questions or comments to: comments@koamtv.com
Phone: (417) 624-0233 or (620) 231-0400
Web comments or questions: webmaster@koamtv.com
Newsroom Fax: (417) 624-3158

Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and KOAM. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.