Decision Focus is a repeat winner of InsuranceERM's third-party risk solutions provider of the year award, providing scalable solutions that requires little-to-no IT resources for insurers to implement.

The Decision Focus third party risk management module provides a central repository of vendors and associated third-party risks, managing the entire due diligence, contract management and SLA oversight cycle in one place.

IT resources from insurers are not needed to adopt Decision Focus' third party solutions, providing insurers with an offering that grows alongside their organisations as they scale.

Employees can access a centralised database of suppliers and request new engagement easily through a platform that caters to all third parties' needs, including outsourced providers and delegated authorities, such as underwriting, coverholders and claims.

The Decision Focus platform supports all relevant stakeholders at every key step of the procurement process, including providing key due diligence information. Risks, be they legal, compliance-related, or security-oriented, can be assessed and recorded quickly in one place.