A large Home Building Company
This client was struggling to manage their 3rd party risk and compliance issues due to budgetary restraints. This put them at a high risk of not meeting industry standards.
The firm implemented Ebix’s highly specialized compliance services. Ebix has over a decade of experience working in the public sector and was able to provide the client with a solution that matched their needs and their budget.
After doing some calculation, the client came up with rough metrics on claims they had settled for resolution, instead of tendering for coverage from the counter party’s insurer. Since they had Ebix tracking COI’s, their fees for the Ebix service ended up being very cost-effective with great ROI.