The current economic environment is tough enough, but finding qualified people/organizations to work with is tougher still. When you include adequate and verifiable insurance coverage on top of that, you can almost pull your hair out.
To protect yourself and your company, you require specific limits, wording and forms to any Certificate/Proof-of-Insurance. Communicating those needs to an agency and insurance company can be like yelling into the Grand Canyon – you wonder if anyone is listening, expend lots of time and energy but get nothing in return.
While it’s easy to ask for a Certificates/Proof-of-Insurance, actually getting one can be a great irritation and frustrations. It sounds all so simple; just merge some policy data onto a form and you’re done – not.
Your needs must be merged with those of the insurance carrier. Getting everyone to agree is not only time consuming, it stops you from performing work and generating income.
Since GAPro connects 3rd parties with their client, insurance company and agent, everyone is on the same page, working with the same information and communicating at internet speeds. GAPro speeds your needs for Certificate/Proof-of-Insurance by delivering standardization, compliance and efficiency, delivering results and promoting efficiency.
As GAPro employs policy data from insurance carriers, limits, approved forms and procedures throughout the entire GAPro process, everyone is working from the same information. Efficient and timely requests, follow-up and fulfillment are incorporated. And since GAPro includes all participants, actions and workflow, dashboards reflect current activities while key performance measurements/indicators are captured and reported. All this happens as a natural byproduct, not requiring any additional effort or cost.
Through GAPro, the once inefficiency riddled Certificate/Proof-of-Insurance process will fundamentally be changed and streamlined. By marrying direct policy data access and an GAPro’s insurance enabled cloud platform, all 4 dimensions of the insurance information ecosystem will be empowered to self-serve their Certificate/Proof-of-Insurance needs. As the policy changes, all involved parties will be appropriately notified electronically and appropriate workflows established, monitored and reported.
By instituting insurance based standards and workflow, guesswork and wasteful tasks are eliminated via GAPro’s Straight-Through-Processing Certificate/Proof-of-Insurance capabilities. GAPro will automatically ensure that the right information reaches all required organizations and people. GAPro will “push” information out for follow-up, eliminating inefficient duplication and wasted effort.
Compliance has emerged as an increasingly costly and critical imperative for 3rd parties within the entire P&C ecosystem. Compliance starts with the mind-numbing maze of federal, state and local legislation or regulatory requirements. To this you add line of business and company specific prerequisites. Once you finally fold in your 3rd party specific conditions, everyone is confused and frustrated at the complexity and cost to address this legitimate business need. No one is certain who are responsible and everyone is unable to move forward till this important issue is satisfied. Many times the 3rd party is out of the loop because they are not a “customer” in the insurance transaction.
You access GAPro through an easy to use, cloud-based system.
GAPro reduces your costs and effort by easily verifying coverage, providing or requesting a Certificate/Proof-of-Insurance through dashboards, automated compliance management and certificate issuance.
We are always pleased to answer any questions you may have. Please don't hesitate to contact us.