Certifcate of insurance (COI)
Gain clarity on your portfolio's risk exposure by identifying tenants insuring against their own assets and understanding the financial stability of third-party insurers.
The new Self-Insured Companies feature allows you to accurately track self-insured tenants from year-to-year, enabling you to quickly identify companies insuring against their own assets and prompt an audit of their financial documentation.
Our AM Best Ratings integration takes your risk assessment to the next level. Accurately assess whether your tenants and vendors have acquired policies from creditworthy insurers with data from AM Best, the world’s leading experts in insurance industry analysis.
Whether dealing with self-insuring companies or traditional insurers, you'll have the tools to reduce liability across your property portfolio.
Slash administrative burden and boost portfolio compliance with tools that streamline certificate creation and review.
No more tedious manual copying of coverage details year-to-year. With Prism’s new COI Clone feature, you can quickly create certificates for different companies with identical coverage in the same year. With Prism’s new COI Renew feature,e you can easily duplicate certificates for the same company over successive years.
Certificate Approvals lets you to take control of your risk exposure. This new workflow ensures that the coverage submitted by your tenants and vendors is validated by the appropriate experts on your team in a formal review process.
Each of these powerful tools will help you save time, reduce effort, and increase compliance oversight effortlessly.
Navigate through your operations platform with ease and the knowledge of where your compliance stands to mitigate risk on a daily basis.
Vendor insights ahead of work assignment to know whether you’re incurring risk by inviting any given vendor on-site to perform work.
Easily report across your portfolio, at any given time, to assess compliance related to occupants and contracted vendors.