Pro Global launches new solution to manage third-party risk



Pro Global, an advisor in the specialist insurance sector, has launched Audit-Tech: Vendor Assurance, a practitioner-led, technology-enhanced service that helps insurers navigate growing third-party risk.

Pro Global In an increasingly complex environment, insurers require smarter, scalable, and compliance-focused oversight of third-party vendors. Pro Global’s new solution addresses this need by combining intelligent automation, practitioner insight, and seamless integration with clients’ governance frameworks.

The service offers a full-lifecycle solution for vendor audits and assurance, leveraging AI-enabled tools to streamline risk scoring, automate documentation workflows, and provide real-time analytics. Expert audit teams tailor each program to client-specific risk appetites and regulatory requirements.

Key features include end-to-end vendor lifecycle support, seamless integration with existing Governance, Risk, and Compliance (GRC) frameworks, and proven global delivery backed by over 30 years of specialist insurance expertise. Demonstrated results with leading insurers include reduced onboarding times through procurement integration and enhanced compliance with tailored, regulator-aligned audit frameworks.

Pervin Sivanathan, Group Head of Audit and Advisory at Pro Global, said, “Third party risk management is a key topic for global re/insurers, and in launching our Audit-Tech Vendor Assurance platform we are directly responding to market demand for compliance and confidence. By combining intelligent automation with practitioner-led expertise, we’re helping insurers move away from fragmented, manual processes and towards a more robust, scalable and strategic approach to third-party assurance. From risk-tiered audit strategies to ongoing monitoring, we help clients stay ahead of emerging risks and increasing regulatory scrutiny.”

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Kristy Lovegrove, Group Head of Technology at Pro Global, added, “This is a powerful blend of smart technology and human expertise. Our AI-enabled platform surfaces emerging risks faster and with greater precision, while our portal gives clients a single source of truth for real-time dashboards, document workflows and progress tracking. It’s a leap forward in how the insurance industry can manage and mitigate vendor risk at scale.”

The post Pro Global launches new solution to manage third-party risk appeared first on ReinsuranceNe.ws.

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