Managing Third-Party Risk with Custom Insurance Verification & Placement

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Presented by

Nick Mabunay, Head of Partnerships Growth, NEXT | David Wellner, Head of Partnerships, Evident

About this talk

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 a loss, but as the complexity and cost of coverage grows, small businesses are finding it difficult to comply. Incorporating a custom insurance verification and placement program allows third parties to obtain the exact coverage needed, at the right time and at the right price, to provide products and services for the enterprise. In this webinar, learn how Evident, the only fully-digital, fully-automated insurance verification and monitoring solution is partnering with NEXT, the leading digital insurer 100% dedicated to small businesses that offers fast coverage and instant certificates of insurance, to make it easier for small businesses to get the best coverage and get to work, improving insurance compliance rates and mitigating enterprise risk.
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The world's largest enterprises rely on Evident's fully-automated, fully-digital insurance verification technology to help them reduce third-party risk, improve compliance rates, and ease the burden of third-party decisioning through automated risk signaling and continuous coverage monitoring. Learn more at evidentid.com.