Protectus Value Propositions

What does Protectus have to offer that is of value to you? Examine our list of value propositions that benefit our clients:

Risk Reduction

• Identify and minimise your underinsured contract partners.
• Comprehensive validation of certificates against your specified requirements, including Insurer financial ratings and APRA authorisation.
• Assistance with planning your insurance requirements and verification.
• Evaluate compliance status with the exclusive Periculum "CertScore".
• Relax in the knowldege that your data is retained in a secure database protected by the Thawte SSL Web Server authentication process.

Cost Reduction

• The Protectus certificate tracking service may reduce your insurance premium costs. Consult your Insurer for details. Organisations which self insure or carry substantial deductibles will safeguard their bottom line.

Improved Business Practices and consistency of results

The centralised Periculum database eliminates the need for each business unit to develop its own systems for managing the verification and validation of your contract partners' insurance data and ensures that you can satisfy auditors and meet internal performance requirements.

• We validate insurer security, deductibles, description of insured parties and other issues typically not addressed in-house,
• If required, our Periculum system can interface with your Accounts Payable system in order to monitor and prevent payments to non-compliant contract partners.
• Outsourcing the certificate management process allows your employees to concentrate on your key business activities.
• Eliminate paper certificates - filing, updating, re-filing, and misfiling.
• Immediate Internet access to view certificate images, reports, and update information; all secure, encrypted, and password-protected.
• Online reports followed with hard copy if needed.
• Automated E-Mail alerts to your company's buyers, managers.
• Find a certificate within minutes instead of searching for days.
• Data feeds for your accounts payable system.
• Follow-up of certificates prior to expiry.
• Follow-up of Claims Made policies in run-off period.
• Certificate verification carried out by experienced insurance personnel
• Centralised certificate management process that is accessible at all your locations.
• Focused and consistent certificate tracking program tailored for your needs!
• Satisfy your auditors that you are on top of your compliance obligations.

Many organisations are surprised to find out how cost-effectively they can utilise Protects' services to alleviate themselves of many costs and hassles without giving up control over the certificate management process.

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