Docutrax Selected to Oversee New Subcontractor Compliance Program of ProSight Specialty Insurance
Summary
Under terms of the agreement, Docutrax will be responsible to manage, verify and maintain contractual insurance compliance of the subcontractors of ProSights nationwide book of general contractor Construction business. "We look forward to assisting ProSight and its insureds to provide enhanced risk control services to this challenging market sector through its new Subcontractor Policy Management program." State-licensed account managers on the Docutrax team will collect, track, audit contracts and policies, check for exclusionary language and maintain subcontractor coverages in conformance with ProSight and GC contractual requirements. "If GCs can verify and validate that their subcontractors have the proper insurance coverage – and at the same time – mitigate risk, they can focus their efforts on what they do best." The Docutrax solution allows ProSight insureds to be able to signup online, a process that facilitates registration and provides for a quick turnaround between quote and binding.
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