The only fully-automated COI verification technology solution built to help transportation companies spend, effort, and exposure to claims.
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.
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.
Evident automates the entire process - collection, verification, analysis, decisioning, storage, and monitoring of third-party COIs and policies to ensure compliance with corporate standards.
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.
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.
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.
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!