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Risk Transfer for Franchisors

As a franchisor, safeguarding your brand integrity and supporting your franchise network's success are paramount. Gain real-time visibility, fast evaluations, and flexible solutions to stay agile and confident in your franchise operations.

Key Benefits

Unlock the full potential of your franchise network with our comprehensive risk transfer solutions. Enhance operational resilience, protect your brand, and ensure stability across your entire network

Offload Risk Effortlessly

Offload Risk Effortlessly

Transfer franchisee risks effortlessly, ensuring full protection and giving you peace of mind.

Gain Complete Visibility

Gain Complete Visibility

Get comprehensive data for full visibility into your growing network, enabling effective risk management and oversight.

Automate Franchisee Evaluations

Automate Franchisee Evaluations

Use AI to thoroughly evaluate COIs, identifying non-compliance quickly and eliminating all manual reviews.

Adjust Risks on Demand

Adjust Risks on Demand

Stay agile with the most configurable solution, allowing quick responses to emerging franchisee risks.

Trusted by thousands of companies

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Key Features

Comprehensive Platform Features

Enhance your operations with our platform’s automated evaluations, comprehensive reporting, and streamlined workflows – with no analyst team needed. Enjoy efficient automation, detailed optimization suggestions, and fully integrated processes for a seamless experience.

How We Work With Your Team

Integrate risk transfer strategies to empower your teams. Enhance risk mitigation, ensure legal compliance, and streamline procurement processes, all contributing to a more secure and efficient franchise network.

Risk-Management
Risk Teams

Mitigate operational and financial risks with advanced risk assessments and real-time data, enhancing overall resilience.

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Operations
Operations Teams

Strengthen franchise agreements and compliance with automated risk transfer solutions, ensuring robust protection and streamlined dispute resolution.

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Procurement
Procurement Teams

Enhance franchisee risk management with comprehensive coverage and automated evaluations, ensuring quality and consistency across all franchise operations.

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Enhance Franchise Risk Management Efficiency

Discover how our solutions streamline risk transfer, automate evaluations, and provide global coverage. Contact us to boost your franchise network’s resilience, visibility, and agility, ensuring comprehensive protection and growth.

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8 Ways to Address Non-Compliance Issues

8 Ways to Address Non-Compliance Issues

Insurance Verification Challenges Companies that deliver a Certificate of Insurance (COI) request to their franchisees or third-party partners are faced with a number of subsequent challenges, the first of which is communicating the intentions and steps necessary to complete the verification process. If this isn’t done properly, it can be a key point of failure […]

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Ask an Insurance Expert: Why Do I Need A COI?

Ask an Insurance Expert: Why Do I Need A COI?

Hi, this is Bob from Evident. In this video we’re going to answer the question why you need to have a certificate of insurance. So imagine the following scenarios. You’re a transportation company and you’ve just signed on a new large account but they’ve asked to show that you have auto insurance or you’re an […]

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COI Tracking – Everything You Need to Know

COI Tracking – Everything You Need to Know

Managing insurance policies can be streamlined using a comprehensive Certificate of Insurance (COI) tracking software. We’ve created this comprehensive guide to share everything you need to know for a simplified COI tracking process that will save you time and money. Everything You Need to Know When Considering COI Tracking Software In this article, we’ll go over every detail […]

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How to Accommodate Third-Party Risk Variants

How to Accommodate Third-Party Risk Variants

Most businesses have a diverse network of third-party partners, each with its own unique value and subsequent risk profiles. Consider how many vendors your business has contracted to stock your shelves, clean your facilities, mow your lawn, service your computer system, scale your shipping logistics, and even refill your water coolers. While there are some […]

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Custom Insurance for Third-Party Risk

Custom Insurance for Third-Party Risk

Enterprises are outsourcing more critical business functions to third parties than ever before, which means that enterprises are also assuming more third party risk than ever before. Risk managers that deal with tens of thousands of vendors, franchisees, and other partners must enforce insurance requirements so that the enterprise is covered in the event of […]

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The Best Class Action Lawsuit Defense? Third-Party Insurance Verification

The Best Class Action Lawsuit Defense? Third-Party Insurance Verification

For companies that have been targeted by a class action lawsuit, insurance coverage can provide a critical lifeline, as even the most frivolous and unfounded class action claims can be costly to defend and resolve. Much like an unwanted health scare, the key to successfully defending against a class action lawsuit is early detection. Most […]

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Trends in Third-Party Insurance Risk

Trends in Third-Party Insurance Risk

  Based on data from hundreds of thousands of verifications, Evident’s latest research report demonstrates that large enterprises have an average of $2 billion in uncovered insurance requirements due to non-compliance with requirements by their third-parties. Enterprises in certain industries (i.e. grocery, transportation, convenience stores, etc.) assume more third-party risk due to the sheer number […]

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Why Verify Third Party Insurance?

Why Verify Third Party Insurance?

There are many forms of third-party risk management and in this new, highly unpredictable (and highly litigious) post-pandemic world we live in, they’re only becoming more important. While important tools like security assessments, identity verification, and on-site inspections can and do reduce risk, only third-party insurance verification will cover you, financially, if an accident occurs […]

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