Originally Published: 10 August 2022

This analysis is based on Nimble Global's proprietary research and 30+ years of practical experience across over 90 countries.

© 2019 - 2026 Nimble Global. All rights reserved.

CASE STUDY

MEDIA | ENTERTAINMENT

Nimble Global was asked by a Managed Service Provider (MSP) to complete an insurance audit of suppliers providing contingent workers and statement of work (SOW) services. Expecting a level of noncompliance, WE DID NOT anticipate 100% noncompliance.

This case study addresses the critical need for rigorous insurance compliance audits within the supply chain, particularly in the Contingent Workforce Management (CWM) sector, where the absence of proper insurance is not just a contractual breach but indicative of a widespread systemic issue. The investigation's findings underscore the severe financial and operational risks such negligence poses. We initiated a comprehensive reform of our Managed Service Provider (MSP) clients' processes to validate and enforce insurance standards in response to these lapses. By instituting stringent compliance protocols and reinforcing international legal adherence, we bolstered the MSP's reliability and set a new precedent for insurance verification in the industry.

PAIN POINTS

• Complete noncompliance with insurance mandates.

• Inadequate verification processes for supplier insurance.

• High risk of financial and operational fallout.

• Lack of standardization in insurance compliance.

OUR SOLUTIONS

• Conduct forensic audits.

• Implement rigorous compliance protocols.

• Enforce stricter contractual adherence.

• Establish a universal insurance verification standard process.

OUR RESULTS

• Uncovered and addressed 100% noncompliance.

• Enhanced supplier insurance validation.

• Mitigated financial and operational risks.

• Set new industry benchmarks for compliance.

Stay Nimble. Stay Compliant.

About the Author: With extensive experience in workforce compliance and global workforce solutions, David Ballew has consistently driven innovation and operational excellence. As the Founder and CEO of Nimble Global, David combines deep industry expertise with a unique perspective shaped by his neurodiverse AuDHD profile, enabling creative problem-solving and multidimensional insight. A pioneer in MSP models and workforce technologies, he is dedicated to bridging global compliance gaps and helping organisations build resilient, future-ready workforces.

Real People. Real Action. Real Innovation.

Disclaimer: This content is intended for informational purposes only and does not constitute legal, tax, or employment advice. Readers should consult qualified professionals in relevant jurisdictions before acting on the guidance provided. Nimble Global disclaims any liability for actions taken based on this publication.