Mandating third-party partners have coverage is one of the ways organizations can manage commercial risks. (Credit: VectorMine/Shutterstock.com) Mandating third-party partners have coverage is one of the ways organizations can manage commercial risks. (Credit: VectorMine/Shutterstock.com)

Just a quarter of third-party vendors are fulfilling insurance requirements of the companies they contract with, according to Evident ID, Inc., which noted enterprises could have significant unmitigated risks as a result.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]