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
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
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
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
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.
It's great to have all the insurance information in one location. We can easily send, track, time-stamp, and report on all alerts to ensure our information is up-to-date, and all of our contractors and suppliers are aware of new policies.