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GG-One Software Announces iFastrack to Help Avoid Insurance Disasters
Date:8/6/2008

KENNETT SQUARE, Pa., Aug. 6 /PRNewswire/ -- GG-One Software, Inc. today announced the worldwide launch of iFastrack, the highly anticipated Internet version of the successful Fastrack software for reducing business risk by tracking insurance certificates and documents.

The iFastrack software allows companies to manage their risk from uninsured contractors, vendors or tenants easily over the Internet. While most companies require proof of insurance at the onset of a contract, few actually track the insurance certificate to ensure that policies haven't lapsed and continue to meet required limit minimums. Without this protection, companies could be held responsible for substantial damages caused by contractors. Most states require Worker's Compensation coverage and consider you responsible for uninsured persons you hire to perform work. The iFastrack software dramatically reduces exposure from non-employee work accidents by providing automated review and notification of missing/expired policies along with insuring that limits meet minimum requirements.

"The use of contractors by businesses is a necessary practice and although one might assume that the contractor carries proper insurance -- it's not always true. Recent catastrophic accidents such as the Minneapolis bridge failure, Boston's Big Dig collapse and the crane accidents in Manhattan were caused by contractors and demonstrate the need to ensure contractor insurance is valid," said Phyllis Recca, CEO of GG-One Software. "With iFastrack, companies can easily provide access to information regarding the insurance status of contractors to offices anywhere in the world."

GG-One Software's flagship Fastrack software has been used for many years by companies throughout all industries and has become a critical component of their risk management program. "We have been using Fastrack for three years now and it blows away any other product we've tested or used in the past! The simplicity and pow
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SOURCE GG-One Software, Inc.
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