Avetta Insurance Verification simplifies the complex process of managing contractor and supplier insurance. It helps businesses protect their bottom line by ensuring their network of contractors and suppliers maintains adequate insurance coverage and stays compliant with regulatory requirements. The platform centralizes thousands of certificates of insurance in a secure digital environment, making it easy to access, verify, and track coverage.

When the worst occurs, ensure your contractors and suppliers are covered

Manually collecting, verifying and tracking insurance coverage for an entire network of contractors and suppliers can be daunting. We make it easy to protect your bottom line while efficiently helping your contractors and subcontractors stay in compliance. Reduce complexity Centralize thousands of certificates of insurance on a centralized, secure digital platform. Mitigate risk Proactively manage legal and financial risk by ensuring your contractors and suppliers have sufficient insurance coverage. Capture more Address additional specialty coverage, all aligned to your standard requirements. Automate alerts Alert your contractors about their insurance status or changes in your insurance requirements using our automated notifications. Prevent delays Verify that your business’s upcoming projects are adequately insured to improve visibility and avoid operational delays. Receive guidance Avetta's team of certified insurance professionals helps your business balance contractual coverage with regional knowledge and market availability.

Protect your business with comprehensive contractor insurance monitoring

According to the 2023 Hiscox Underinsurance Report, 75% of small businesses in the U.S. are underinsured. Guard against contractor gaps in coverage on Avetta’s centralized platform.

Build and communicate your requirements

Follow recommended best practices established by our certified professionals or customize your insurance requirements in the Avetta One platform. Configure insurance coverage to suit your requirements Customize and automate your contractor and subcontractor policy types, limits, expirations and endorsements to match your operational risks. Communicate across your supply chain Ensure contractors know your insurance standards and compliance expectations using our built-in communications features.

Collect insurance policies electronically

Your contractors or their insurance agents can upload insurance documents to the Avetta One platform with data validation. Streamline your contractors’ and suppliers’ questionnaire process with annual updates Avetta works with your contractors to respond to a single questionnaire annually, making it easier to get the information you need, faster. Save time collecting insurance documents Eliminate gathering incorrect data and reduce inefficient back-and-forth communication using Avetta’s document upload and validation tools.

Verified by certified insurance professionals

Avetta’s certified insurance monitoring team reviews and validates that your supply chains’ insurance coverage meets your specific requirements. Outsource coverage verification Insurance coverage requirements can vary depending on your region, site, contractor and other factors. Avetta’s certified insurance professionals review your contractors’ or suppliers’ insurance to verify it meets your requirements. Capture policy limits Identify the liability limits and indemnity of your contractors’ and suppliers’ insurance policies.

Monitor insurance coverage expirations

Avoid lapses in coverage with automated continuous monitoring and notifications. Leverage ongoing insurance monitoring and alerts of expiring coverage Get automatic alerts to ensure contractor, supplier and subcontractor compliance. Easily notify them of insurance changes and expirations. Track and report insurance compliance Use robust reporting and analytics features to track your critical KPIs and benchmark against peer companies for insurance best practices and industry alignment.