Prequalifying suppliers is an important first step to managing supply chain risk. But what if something does happen?
Do your suppliers have the right insurance coverage?
Do they have sufficient policy limits?
Verifying and monitoring this information for all of your suppliers can seem impossible. Avetta’s Insurance Monitoring solution alleviates this burden and gives you visibility into supplier insurance compliance.
How it Works:
- Insurance requirements are communicated to suppliers via our intuitive online platform.
- Suppliers specify their insurance coverage and upload certificates of insurance to validate compliance.
- Avetta verifies suppliers’ insurance coverage and continues to monitor any changes.
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