A contractor is ready to start. The certificate of insurance is on file. The tracker shows green.

But what, exactly, does green mean?

Collection Is Not Transfer: What Strong Contractual Risk Transfer Looks Like in Practice offers a practical executive perspective for risk managers who want to move beyond collecting documents and build a process that produces clearer, more reviewable decisions.

The paper explores how to:

• align insurance requirements with the actual work and contract;
• distinguish document receipt from meaningful review;
• examine Additional Insured, Waiver of Subrogation, and Primary and Non-Contributory requirements more deliberately;
• assign clear ownership when evidence is missing, unclear, or requires escalation;
• preserve a record another authorized reviewer can understand; and
• use the M.I.G.H.T. framework and five renewal questions to identify where a program needs attention.

The goal is not to collect more paperwork. It is to create a process that can answer three questions when they matter most:

What did you require? What did you review? What did you do next?