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Woman using a barcode reader in a distribution warehouse - insurance verification

Insurance Verification for Manufacturers

End-to-end vendor insurance verification and fulfillment solution to minimize administrative costs and your exposure.

Understanding Third-Party Insurance Risk for Manufacturers

Evident knows that there’s no “one size fits all” when it comes to how manufacturing operations deal with insurance for their vendors and contractors. The sheer quantity and diversity of suppliers requires both flexibility and responsiveness.

Manufacturers turn to Evident to provide visibility into the total insurance risk of the supply chain, greatly reducing exposure to negative events like product recalls.

Learn more about how insurance verification is helping manufacturers of all sizes reduce risk, administrative burden, and cost.

How We're Different

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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.

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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.

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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.

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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.

Case Study

Evident is working with one of the largest manufacturers of packaged bakery foods in the U.S., one that operates 40+ bakeries producing many household brand names. With access to live COI monitoring through Evident’s platform, the manufacturer has seen a noticeable uptick in their distributor compliance rates and overall savings.

Man on the phone looking at a clipboard in a warehouse managing third parties

How It Works

  • Build out your policy requirements (coverage types, amounts, exceptions)

  • Load your vendors, suppliers, and other third-party partners' information

  • Digitize COI data elements

  • Review granular, accurate, searchable, real-time COI data view

  • Deploy rules-based compliance evaluation with our decision engine

  • Provide coverage options to help fulfill company requirements when needed

  • Monitor compliance status and report on changes

Evident ROI Calculator

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!

Ready to Get Started?

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