Decision Focus wins the ERM end-to-end solution of the year title for providing insurers with a single, integrated source of truth that reduces reporting cycles while simplifying compliance work.

The solution delivers custom-built ERM deployments in weeks and integrates quickly with open APIs, enabling insurers to drive uplifts in their risk event reporting, control assessment coverage and first-line engagement.

Clients report increases in risk event reporting and shorter cycles for risk and control assessments, with committee report preparation being cut down from an average of three weeks to one.

The solution also provides automated ways to save time, including through automated risk committee packs that helps insurers guarantee all relevant business and regulatory requirements as needed.

Decision Focus's tool also enables clients to be self-sufficient when using it, enabling insurers to avoid the over-engineered frameworks more common to traditional systems. Decision Focus also helps organisations migrate from a wide range of legacy platforms and spreadsheet-based processes.