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.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • 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

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

Steve Hallo

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