COIs, Simplified
With risk managers having to qualify over 20,000 verifications annually (that’s roughly 55 COIs a day…assuming you work weekends), it is safe to say COIs can get out of control quickly.
But what if there is a better way?
Trusted by the best:
1. Upload your COI
2. Detailed analysis around if your third-party matches your insurance requirements
3. If they aren’t compliant in a particular area we identify and let YOU decide if an exception needs to be made
4. If they aren’t compliant? Use our automated workflows to trigger a request to update that information.
Cutting out your admin work, so you can get back to the important things.
How We're Different
Deep Visibility
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.
Automation
Evident automates the entire process - collection, verification, analysis, decisioning, storage, and monitoring of third-party COIs and policies to ensure compliance with corporate standards.
Getting to "Yes"
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.
Optimize Risk/Spend
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.