June Product Release: Casting a Wider Net
July 10, 2023
Excitement is in the air as we unveil the new features of our highly anticipated June Product Release. Our development team has been working tirelessly to enhance our platform, and they’ve truly outdone themselves this time with three new features that will be sure to help our product offering “cast a wider net” and provide you with an even more robust insurance verification solution.With these cutting-edge updates at your disposal, you can rest assured that no stone goes unturned when it comes to locating and verifying the correct coverage information needed for risk management decisions.
Expanded Coverage Criteria Offerings
At Evident, we understand the importance of providing our customers with the necessary coverage to protect their organizations.
That’s why we’re excited to announce our expanded coverage criteria offerings, which make it easier than ever for you to quickly verify your insurance requirements.
We’re now providing even more coverage information for Commercial Property, including important details on fungus coverage and exclusions, coinsurance, wind/hail, and named storms.
For customers in construction, we have added Riggers Liability and for our food manufacturing & processing customers, we have added Warehouse Legal Liability coverage types, giving you access to a wider array of coverage options.
We’re committed to helping you protect what matters most, and these new offerings are just one way we’re fulfilling that promise.
API Webhooks Have Gotten Even Stronger
Keeping up with the latest technology developments can be a challenge, but with our API webhooks, staying up-to-date on insured compliance and verification status has never been easier.
You can now configure API webhooks directly within the IVaaS product to notify you any time your insured’s compliance or verification status changes.
Alerting you whenever a new action has been created that requires your review (in Actions Review). Shrinking the time it takes for an insured to be fully evaluated and deemed compliant (or not).
Instead of having to parse through the list of insureds from your entire population, our webhooks allow you to receive compliance needs for a single insured.
With these advancements, we continue to provide you with the tools you need to maintain compliance with ease.
Decisioning Based on Location
Making informed decisions is key to any successful venture. With our latest update, we have added an exciting new feature that offers micro-level granularity to your decision-making process.
You can now consider the location of the insured when evaluating contractual requirements for a property where coverage applies, thanks to our location-based decisioning.
Through this feature, you can work off the certificate holder address and lender servicing address to ensure compliance with local regulations. This comes in incredibly handy for businesses that operate across different regions with varying compliance requirements.
This June, our engineering team has released new features that will surely help you keep your insurance verification process running smoothly. With expanded coverage criteria offerings and added API webhooks, we are making sure that you have access to the best solution to simplify and automate your verifications.
We believe in bringing a high level of customer satisfaction across all industries and these updates are just some of many to come. By utilizing our services, we guarantee that you can stay ahead of the competition.
So if you’re ready to take your business to the next level, talk to one of your customer success representatives today or request a demo.