Businesses spend millions of dollars a year settling lawsuits stemming from inadequate third-party verification.  (Photo: Adobe Stock)

Since the pandemic hit in 2020, it's been a trial by fire for all businesses; even major companies had to tighten their belts, yet companies continue to spend millions of dollars a year to settle lawsuits because they've failed to verify their third parties adequately.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Commercial Lines
Compliance
Corporate Risk