CLIENT SUCCESS OVERVIEW
Financial Services - National Insurance Carrier
Our client is a mutual insurance company headquartered in the United States. Along with its affiliated companies, they offer life insurance, annuities, disability insurance, group retirement plans, and investment products.
Their internal objective included standardizing internal vendor management and procurement processes for assessing the business viability and stability of commercial third-party relationships. In addition, they aimed to improve their organization's communication, governance, and leadership decision-making by utilizing data-driven performance metrics.
As a result of implementing AR Surveillance™ and leveraging API to integrate AR Surveillance performance scores into their GRC system, they built more comprehensive and timely third-party risk profiles; which improved their internal knowledge, enhanced their decision-making, and streamlined their regulatory compliance reporting.