Improving evidence of insurance for everyone
Helping the world run better is our operating principle and the basis of all we do at SAP.
By addressing complexity and innovating for future growth, we can radically simplify how we conduct business internally and externally. We use these advancements to support our customers and partners so they can run at their best.
That’s why we’ve discontinued issuing individual certificates of insurance in favor of the new industry standard – an electronic certificate of insurance (e-COI). This provides 24x7 digital access to SAP's evidence of insurance for the convenience of our customers and partners. It also helps reduce our impact on the environment.
e-COIs can satisfy SAP’s contractual requirements to provide evidence of corporate insurance coverage to third parties without needing to customize certificates for individual engagements. Blanket certificates are commonly used for:
Customer RFPs and contracts
Leasing or renting equipment, motor vehicles, or real estate
Off-site events or equipment rental
By using e-COIs, SAP will continue to provide evidence of insurance and meet terms of legally binding contracts and agreements.