Case Study: a Fortune 50 telecom business improves dealer compliance and cuts insurance costs with Evident ID

Fortune 50 telecom business boosts compliance 800% in 3 months with Evident ID

Evident ID worked with a Fortune 50 telecom business to address a challenge in its authorized dealer network. Following a surge in new dealers, the telecom company saw declining response rates to certificate of insurance (COI) requests, creating inefficiency and financial risk visibility issues.

Evident's insurance verification solution digitized and automatically reported on every COI collected. This allowed the telecom business to authoritatively verify coverage against its requirements and identify gaps. With Evident, the client achieved a 5% discount on insurance premiums and increased compliance rates by 800% within the first three months.