Most third parties are not meeting insurance verification needs | PropertyCasualty360
Most third parties are not meeting insurance verification needs | PropertyCasualty360
A new study from Evident shows that both performance and process for verifying and improving insurance coverage for third parties vary greatly, with 75% of third parties not meeting the insurance requirements established by a company requesting verification.
The insurance verification-as-a-service provider conducted the study amongst customers and the partners, vendors, suppliers and franchisors for whom they verify coverage.
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