InsureTech company AAAtraq will introduce in April a new service for organizations that identifies whether they are compliant with Americans with Disabilities Act (ADA) regulations.
The Audit & Alert service will instantly identify risks for clients, particularly those in the higher education sector. AAAtraq will offer a 50% discount to ten clients.
Other products assess ADA compliance, though AAAtraq says its service provides independent unbiased information to Chief Financial Officers and General Counsels who are charged with handling potential litigation due to non-compliance issues, including discrimination.
Ninety-four percent of websites currently do not meet the standards, AAAtraq’s Chief Executive Officer Lawrence Shaw told Yahoo Finance. “Until there is a risk-control-led approach, Universities and Colleges will continue to fail on this. As a CFO, or General Counsel - you cannot manage this risk until you can monitor it.”
AAAtraq’s service combines automated compliance-auditing software with litigation support and cost coverage indemnity.
“All organizations have a societal need to be inclusive and a legal requirement not to discriminate,” Shaw told Yahoo. “To stop discriminating online, ensure equal access for all and most importantly remove litigation risk. You need to be pro-active and not reactive.”