End-to-end vendor insurance verification and fulfillment solution to minimize administrative costs and your exposure.
Governing bodies of all types – municipal, state, and even federal – face significant third-party insurance verification risks. Not only do governmental organizations have the same concerns as corporations – minimizing risk from a diverse group of vendors and suppliers — they have the added burden of extensive regulatory oversight and scrutiny.
In particular, government organizations need to be responsive to audits. A failed audit can create a great deal of additional work and can be a direct threat to leadership. Evident can help put a better system in place to verify insurance, accurately analyze it, ensure it is up to date, and produce reports on demand — all critical initiatives for governmental organizations.
Evident doesn't just store your third-party COIs, we digitize all COI and policy details so we can provide complete analysis of your supply chain's exposure.
Evident automates the entire process - collection, verification, analysis, decisioning, storage, and monitoring of third-party COIs and policies to ensure compliance with corporate standards.
Our workflows can handle the exceptions and even offer fulfillment to ensure that more of your supply chain partners have active and up-to-date coverage, while greatly reducing your administrative effort.
Evident integrates guidance from insurance industry partners into actionable reports that eliminate redundant coverage and optimize premiums to reduce overall cost for you and your network partners.
See how Evident is working with a United States city government entity, verifying insurance for the wide range of contractors, vendors, and other suppliers that work for the city. Evident gives administrators a single, comprehensive view into their entire third-party ecosystem so they can always be prepared to demonstrate compliance to an auditor.
This free calculator simulates the potential return on investment that your company could realize by using our technology-based insurance verification solution to vet and retain your vendors and other third-party partners. Simply answer a few questions and fill out a form to see how much money your company could be saving with Evident!