Nations second largest commercial property casualty insurance company relies on ComplyScore Third Party Risk Assessment solution
- The customer had a spreadsheet based assessments approach.
- Email based workflow added significant overhead
- Complex workflow across multiple teams was difficult to manage
- Large number of assessments and limited staff
- Completely online user friendly and simple platform.
- The risk assessment platform configured to Clients unique business needs and requirements.
- Built-in library of assessments, with auto risk rating.
- End-to-end risk assessment as a managed service.
- Significantly reduced the effort in managing the process.
- Tier based targeted questionnaire eliminated inapplicable questions.
- Increased savings, time and efforts with Managed Services.
- Increased Client teams resource availability
- Facilitated 3 lines of defense reducing pressure on IT-Security.