Certificate of Insurance (COI) Compliance and Consulting with Drew Singleton Wilder

Cameron Pechia, Founder of Valley Trucking Insurance and Drew Singleton Wilder, Founder & CEO of Vicarious Liability Risk Mgt. LLC and COI Coach and COI Compliance Services sit down and chat about the importance of COI compliance and a proactive approach on protecting your business. Drew is a great asset to any company that is in need of Certificate of Insurance compliance. If you want to learn more: https://vlrmgt.com. Episode Highlights: Drew discusses how Vicarious Liability Risk Management ensures proper insurance coverage and transparency between clients, agents, and brokers to manage risk effectively. (4:12) Drew shares their experience working in the trucking industry, starting with Viking Freight Systems (now FedEx Freight). (8:05) According to Drew, the process of establishing agreements and assessing risks in the freight transportation industry can be complex and time-consuming, requiring careful attention to contracts and communication with insurance agents and brokers. (14:00) Drew emphasizes the need to avoid offering outdated services and misleading information, urging listeners to prioritize quality and accuracy over quick fixes. (21:48) Drew mentions that building relationships and networking is crucial for success in this service-based industry. (25:03) Drew announces Vicarious Liability Risk Management’s collaboration with Freight Validate to combat double brokering fraud and leverage collective knowledge for future initiatives. (28:05) Drew advises against using dispatch services due to concerns about lack of proper training and potential liability. (32:00) Key Quotes: “What we do for our clients is we provide Certificate of Insurance compliance…But more importantly, the process that we follow, we are engaging with the insurance agent or insurance broker, there is a difference between the two. And so we're bringing the relationship to the forefront. So that is all about transparency..” - Drew Singleton Wilder  “Insurance companies that insure freight brokers, they expect them to do a certain level of due diligence to protect them in the insurance company. So, we help along with that.” - Drew Singleton Wilder  Resources Mentioned: Drew Singleton Wilder LinkedIn Vicarious Liability Risk Mgt. LLC  Cameron Pechia Valley Trucking Insurance