Making Your Bed: "Blanket" Additional Insured Endorsements and the Underlying Agreement

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Although the written contract or agreement requirement in most blanket additional insured endorsements seems straightforward, courts have identified a variety of contractual arrangements that can satisfy the obligation. Entities seeking and/or providing additional insured status should carefully consider relevant precedent in evaluating their position. Read the rest of the article here.

WorldQuant Ventures Invests in Certrax

OLD GREENWICH, Conn.--(BUSINESS WIRE)--WorldQuant Ventures, an angel investment firm focused on disruptive companies in technology, with a particular focus on data and finance, today announced it has invested in Certrax Risk Compliance Solutions, Inc. (“Certrax”). Certrax is a state-of-the-art application and service that allows real estate owners, property managers and service providers to manage third-party risk by electronically tracking, managing and storing contracts and insurance certificates. As part of the agreement, Steven Lau, Managing Director at WorldQuant Ventures, will join Certrax’s Board of Directors. Read the rest of the article here.