Press Releases and Announcements

Insurance Data Services Adds Internet Capability To Its Certificate of Insurance Tracking Service

February 3, 1998

Insurance Data Services Adds Internet Capability To Its Certificate of Insurance Tracking Service - February 3, 1998

Contact:
Insurance Data Services | Lee Roth(800) 996-9964 ext. .109

San Juan Capistrano, CA, January 22, 1998 - - Insurance Data Services(sm) (IDS) announced today that it has enhanced its Certificate of Insurance tracking service to allow its customers for the first time to access critical insurance coverage information via the internt. According to Tom Wickes, Vice President - Operations, “IDS” clients with internet access can now quickly obtain information about the insurance status of any of its product or service providers, as well as subcontractors, lessees, tenants or others with whom it contracts." "IDS users can instantly verify coverage and access images of the Certificates of Insurance on-line -- even print them out at their own location", said Wickes. Available on-line are "all certificates for current and past coverage periods", Wickes noted.

This new internet service is the latest in a line of technology driven solutions IDS is bringing to organizations that require their vendors, and others with whom they contract, to maintain insurance coverage to provide protection in the event of a loss. The evidence that the proper insurance coverages are in place typically comes in the form of a Certificate of Insurance. IDS, a company specializing in tracking insurance coverage, is hired to receive and process all incoming insurance certificates. Not only does IDS verify that coverage meets the requirements of its clients, in cases where the evidence of coverage is missing or deficient, IDS automatically identifies the problem and generates a notification to the proper party seeking corrective action. IDS receives hundred of thousands of insurance certificates each year on behalf of its clients and currently tracks the insurance status of organizations in more than 30 countries.

The, ability to access insurance coverage information through the internet is particularly valuable to organizations operating at multiple locations. Now, in addition to home office personnel, such as risk managers and attorneys accessing insurance coverage information, an authorized employee at any location with an internet connection can quickly gain access to the IDS system. This new IDS innovation takes full advantage of the exciting communication capabilities now available through the internet to bring a higher level of service to our customers", Wickes said.

Insurance Data Services(sm) is headquartered at 27127 Calle Arroyo, Suite 1924, San Juan Capistrano, California 92675. For more information, contact Lee Roth, Vice President, at (800) 996-9964 ext. 109.


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