Why is SAIC now using the Memorandum of Insurance to provide evidence of insurance?
Today’s technology, particularly the Internet, provides us the opportunity to simplify and enhance how we evidence insurance information to our customers. After careful consideration and review, it was apparent that the use of our website and MOIs will increase the efficiency of our operations by eliminating the significant time and resources required to manually issue over 5,000 certificates of insurance a year to you, our valued customers. Just as important, this change will also increase the efficiency of your operations by providing you with more timely and efficient insurance information that evidences our compliance with agreed to insurance-related contract terms and conditions.
