ICA Insurance Coverage Verification Services

 

RELIABLE | PERSONALIZED | STREAMLINED

ICA Insurance Coverage Verification Services


RELIABLE | PERSONALIZED | STREAMLINED

ICA Insurance Coverage Verification
Services

 

RELIABLE
PERSONALIZED
STREAMLINED

ICA specializes in validating the required insurance coverages of the vendors and subcontractors (which we call Certifying Entities) that our clients rely on in their daily business operations. We have provided verification of insurance coverage and contractual compliance on tens of thousands of publicly traded and privately held companies that serve risk-intensive industries such as oil & gas, construction, municipalities, property management, transportation and other industries as well.

ICA specializes in validating the required insurance coverages of the vendors and subcontractors (which we call Certifying Entities) that our clients rely on in their daily business operations. We have provided verification of insurance coverage and contractual compliance on tens of thousands of publicly traded and privately held companies that serve risk-intensive industries such as oil & gas, construction, municipalities, property management, transportation and other industries as well.

Through our online, interactive program — for each of our clients’ Certifying Entities, we monitor each certificate for expiration and amounts, along with verifying other insurance coverages to ensure it meets the indemnity obligations of the contract. In the process, we automatically generate renewal requests, communicate discrepancies, and generate instant reports of compliant and non-compliant Certifying Entities so you and your staff will know the Certifying Entities with which to conduct business in order to reduce further risk exposure.

Through our online, interactive program — for each of our clients’ Certifying Entities, we monitor each certificate for expiration and amounts, along with verifying other insurance coverages to ensure it meets the indemnity obligations of the contract. In the process, we automatically generate renewal requests, communicate discrepancies, and generate instant reports of compliant and non-compliant Certifying Entities so you and your staff will know the Certifying Entities with which to conduct business in order to reduce further risk exposure.


ABOUT US

Who We Are

Serving clients since 1994

Headquartered in Fort Worth, Texas

Staff committed to providing best in class service

Our leadership brings a combined 85 years of knowledge in the insurance industry

SERVICES

What We Do

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Verify insurance coverage

Track insurance certificates

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Implement contracts

Gather W-9 information

Coordinate safety questionnaire submits

Assist with workers compensation audits

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Request other non-insurance documents

BENEFITS

Why Choose ICA?

Save time and money

Strong insurance connections

Greater knowledge at less cost

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Reliable compliance validation

Sarbanes-Oxley compliance control

Reduce risk

Technology solution

* This calculation of $39,500 is a very conservative estimate, as it is doubtful that an experienced insurance professional fluent in contractual details and insurance coverage analysis is available at that salary.

Need more information? Read our online brochure or browse the extensive FAQs. Or just call us. We always have a real person ready to help you.

TESTIMONIALS

“I started after our company had already started its relationship with ICA. I have found this to be a fluid operation concerning my involvement with this process. I do not have any trouble reaching a person via email or phone call. (Let me tell you; these days that is saying something.)

I find the service to be very professional and timely, based on responses. Your help has been greatly appreciated from myself and Marie in our legal department. I have been able to add some field personnel with logins to help eliminate the strain of time on myself and the rights have been structured accordingly.

With a small and limited staff, your service has provided a valuable service to our company. ICA seeks to advance and upgrade its service on its own, without being asked to accommodate. Your help with reminders of forgotten items also keeps things from falling through the cracks.”

Donald W. Nobles

Purchasing Manager

“Hill & Wilkinson was introduced to ICA through our insurance agent, MHBT. MHBT felt ICA would be a good fit for us. Our volume was growing at such a fast pace and it was impossible to keep up with all the insurance certificates that were coming in for review.

However, the biggest problem we were facing was not having enough people with the kind of knowledge needed to read the additional insured endorsements. We currently require job specific insurance certificates, with most of our projects having an average of 15 subs on site, so ICA was able to sort our certificates, review them and notify our subs of any non-compliance issues.

We chose ICA because they have the knowledge required to review and understand the coverages listed on the additional insured endorsements. ICA does a great job of ensuring our required insurance coverages are met by our vendors.”

Marie Monier

VP Subcontract Administration

“We have been using the ICA services for several years now to manage our MSA program and track insurance certificates from our vendors. It has been an extremely easy process for me to initiate and to follow. I believe that knowing which vendors are compliant has provided significant protection for our company in the event something goes wrong on one of our locations. I mostly deal with Kortney and she has been tremendous to work with and is always very attentive. In addition, it is seamless when she is out of the office as the ICA staff work together very well.

Prior to using ICA, our MSA and insurance certificate program was non-existent. Now all of our vendors are required to have a MSA in place and be compliant on insurance coverages we require to be on one of our locations. ICA has certainly made this easy for us to accomplish. When we first started looking for a company to manage this process for us, there were other options available. ICA provided exactly what we needed and their pricing for this service was very affordable for our company.

I would recommend ICA to anyone who is needing this kind of service. This service will help your company be better protected in the event an issue arises.”

Jeff Ballard

Senior Vice President

“Leveraging ICA to facilitate both our MSA adoption and certificate of insurance verification has enabled us to cost effectively outsource the most administratively burdensome aspects of our risk management program while, at the same time, enjoying better controls and more professional policy review than can typically be achieved in-house by most small-to-medium sized E&P operators. And, ICA has been a pleasure to deal with in every facet of our relationship.”

John H. Karnes

Chief Financial Officer

“Lawyers are paid thousands of dollars to pass risk downstream through contracts with vendors. A company is flying blind without experts like ICA to verify that the risk is being caught by the vendor’s insurance.”

Kyle Cardwell

Certified Risk Manager

Reliable | Personalized | Streamlined
INSURANCE COVERAGE VERIFICATION SERVICES

Reliable | Personalized | Streamlined
INSURANCE COVERAGE VERIFICATION SERVICES

Reliable | Personalized | Streamlined
INSURANCE COVERAGE VERIFICATION SERVICES