Smarter, compliance-led and tech-enabled vendor oversight
Managing vendor risk and ensuring compliance has never been more critical or more complex. As insurers rely increasingly on third parties, the need for robust, independent oversight grows ever stronger.
Post-pandemic operational challenges and heightened regulatory expectations, such as those from the FCA, have further underlined the importance of comprehensive vendor governance.
Our Vendor Assurance service empowers insurers with a streamlined, data-driven approach to vendor audits, using the latest compliance-focused and technology-enabled tools as part of a cutting-edge Audit-Tech solution to assess, monitor, and mitigate third-party risk with confidence.
We deliver not just compliance, but peace of mind, knowing your vendor landscape is under expert, practitioner-led and technology-enhanced scrutiny.
Whether clearing legacy backlogs or implementing scalable ongoing processes, our expert teams work side by side with client functions to deliver hands-on, cost-effective support at speed. We tailor our approach to align with your organisation’s specific risk appetite and regulatory obligations, ensuring effective and efficient vendor oversight.
We use artificial intelligence within our Audit-Tech platform to automate vendor risk scoring and highlight emerging risks with speed and precision.
We cover the full lifecycle, from criticality assessments and audit execution to findings, remediation and reporting.
Our service aligns directly with your organisation’s governance, risk and compliance (GRC) structures for clear accountability.
Our team brings decades of independent, sector-specific audit experience to strengthen your third-party oversight.
Our Audit-Tech powered Vendor Assurance service is designed to deliver clear, measurable benefits that strengthen your business, enhance resilience and improve confidence across your entire vendor landscape. By combining smart technology with expert audit support, we help you unlock greater efficiency, reduce risk and ensure robust compliance at every stage.
Clients benefit from a centralised audit portal that delivers real-time dashboards, automated document workflows, and end-to-end vendor progress tracking. This powerful platform provides a single source of truth, giving teams instant access to critical information across the entire assurance process. The portal’s integration capabilities ensure seamless alignment with your existing systems, enhancing efficiency and data accuracy.
By using the portal, teams can work more efficiently, reduce manual effort and make faster, more informed decisions. The result is a clearer view of emerging risks, better collaboration across departments and stronger overall vendor oversight. This centralised approach supports proactive risk management and continuous improvement in vendor relationships.
Cleared over 800 legacy due diligence reviews within tight regulatory deadlines
Established a centralised vendor oversight process across multiple business units
Integrated vendor assurance with procurement workflows to reduce onboarding time and improve consistency
Developed customised audit frameworks aligned to specific regulatory requirements, enhancing compliance readiness and assurance
Implemented continuous monitoring protocols, enabling early detection of vendor risks and timely, data-driven remediation to protect operations
“By combining advanced technology with deep audit expertise, we’re giving clients the tools to make smarter, faster and more confident decisions about their vendors, while ensuring they stay ahead of emerging risks and compliance demands.”