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A leading U.S. satellite and connectivity provider partnered with Avetta to automate insurance verification, gaining real-time visibility into supplier coverage, reducing compliance risks, and freeing in-house teams from manual data review to focus on growth.
This company is among the premier satellite and connectivity services providers in the US and their services are available across the Americas. The company offers a host of services around direct-to-home satellite broadcasting and over-the-top Internet Protocol TV (IPTV). The client focuses specifically on wireless cellular services and broadband internet coverage.
Over the last few years, the company has seen exponential growth in business and outreach. In this scenario, the traditional approaches and processes were proving inadequate. In particular, the process of reviewing the environment, health, and safety (EHS) requirements, certificate of insurance (COI), and the adherence of safety manuals by the third-party vendors and stakeholders was becoming increasingly difficult to manage in house. Having in-house resources across different offices to go over piles of data to see if vendors were following all the guidelines was also time-consuming and tedious, resulting in the loss of human hours and high turnaround times.
It is at this point that the client reached out to Avetta with the goal of streamlining the process and expediting outcomes. Avetta was particularly entrusted with the responsibility of ensuring that the insurances were all up to date and contractors had the right coverages in line with the client’s needs.
The company utilized Avetta’s purpose-specific insurance monitoring and management solutions. Avetta’s insurance management solution within The Avetta One Platform includes key tenets of real-time monitoring of COIs and aligns suppliers’ insurance coverages with the client’s ever-changing demands. Avetta’s PQF dashboard offers all the necessary information related to supplier insurance, which then provides clear insights on COIs and suppliers’ readiness to serve the customer.
Avetta offered the client holistic visibility of their suppliers’ insurance coverage. This supplier-level visibility helped the client to build safer work sites and implement faster, safer operating processes. Given that the client’s business is growing rapidly and their footprint is spreading across geographies, it is critical for their suppliers to be completely covered by their insurers and to make their dealings with the client contingency-proof. With Avetta’s insurance management platform, the client has enjoyed real-time COI verification, alignment with their demands, and continuous insights.
Avetta relieved the client’s in-house team of the burden of reviewing – in some cases, manually – large amounts of supplier data and tallying them with their needs. Avetta simplified and standardized the review process.
Avetta’s insurance monitoring and management platform offered end-to-end, real-time visibility of supplier COIs and helped the client’s leadership make informed decisions on which suppliers to onboard in line with their specific demands and coverage.
By taking the responsibility of collecting, verifying, and monitoring insurance information of the suppliers, Avetta eliminated risks and bolstered safety, while allowing the client to focus on growing their business.
Avetta has ensured that the suppliers comply with the various government and organizational guidelines to serve the client holistically and safely. This has resulted in superlative safety and seamless governance.
The client is a leading U.S.-based satellite and connectivity services provider with operations spanning the Americas, offering a wide range of solutions including direct-to-home satellite broadcasting, over-the-top IPTV, wireless cellular services, and broadband internet.
Avetta empowers contractors by simplifying qualification processes and automating compliance tasks to improve safety outcomes with hiring clients.
