News | July 2, 2025

Pro Global Launches Audit-Tech: Practitioner-Led Vendor Assurance Service To Help Insurers Navigate Growing Third-Party Risk

Smarter, compliance-led and tech-enabled vendor oversight combines AI, expert audit delivery and real-time insight to boost operational resilience.

Pro Global (“Pro”), a trusted advisor to the specialist insurance market, today announced the launch of Audit-Tech: Vendor Assurance, a next-generation service that empowers insurers to confidently manage third-party risk through a practitioner-led, technology-enhanced approach.

Developed in response to growing demand from insurers for smarter, scalable and compliance-focused oversight of third party vendors in an increasingly complex vendor landscape. Pro’s Audit-Tech solution meets that challenge – combining intelligent automation, practitioner insight, and seamless integration with clients’ governance frameworks.

The service delivers a full-lifecycle solution for vendor audits and assurance, using AI-enabled tools to streamline risk scoring, automate documentation workflows and provide real-time analytics – underpinned by expert audit teams who tailor each programme to client-specific risk appetites and regulatory obligations.

Audit-Tech: Vendor Assurance Highlights:

  • End-to-end vendor lifecycle support from criticality assessments and audits to remediation and reporting
  • Seamless integration with existing Governance, Risk and Compliance frameworks to strengthen resilience and efficiency, with centralised oversight across multiple business units
  • Proven global delivery backed by 30+ years of specialist insurance expertise across the UK, US, Europe and Latin America
  • Demonstrated results with leading insurers, including reduced onboarding time via 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.”

Kristy Lovegrove, Group Head of Technology at Pro Global, said: “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.”

Source: Pro Insurance Solutions Limited.