Women looking at ipad in a truck parking lot - 5F super highway

Optimizing Transportation Insurance Verification: Evident’s Advanced Solutions

The only fully-automated COI verification technology solution built to help transportation companies spend, effort, and exposure to claims.

 

Understanding Third-Party Insurance Risk for Transportation

The fragmented and nuanced way that insurance coverage is applied in the trucking and transportation industries makes the verification process incredibly complex, burdensome, and often frustrating.

Evident understands that compliance is very important in this space due to the high cost of damages in serious automobile accidents, which can result in claims against both the Requiring Company and the carrier in the search for deep pockets.

Learn more about how insurance verification is helping transportation 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 works with a trucking platform called 5F-SuperHighway that uses AI technology to predict shipping demand so their drivers can better map out their work schedules and plan their own routes to achieve higher earning potential. Read the full case study to see how Evident's insurance verification solution helped 5F-SuperHighway increase their platform onboarding proficiency by nearly 50% in three months, enabling them to quickly and diligently grow their business to become serious competitors in the supply-chain industry.

truck driving down the interstate with a sunset

How It Works

 

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

  • Load your third parties’ 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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