Most third-party risk management professionals understand it's essential to address and manage potential risks posed by their vendors. However, one crucial third-party risk activity is often neglected - ensuring vendors carry appropriate insurance coverage.
This eBook explains how your organization can better align its use of vendor insurance coverage as a risk mitigation technique. Explore some insurance basics along with ways to enhance your vendor insurance strategies and requirements.
Download the eBook to learn:
- Basic vendor insurance terms to know
- Common commercial insurance types
- Examples of which vendors should carry each insurance type
- Vendor insurance considerations
