ViClarity Win InsuranceERM Operational Risk Solution Of The Year Award For The Second Consecutive Year
March 1, 2021
On Friday, February 26th, the news broke that ViClarity had been named "Operational Risk Solution Of The Year" for the second year running by InsuranceERM. The judges at the InsuranceERM awards noted that the increasing regulatory focus on operational resilience and the changing environment makes the need for operational risk solutions critical and ViClarity was found to be the solution that went above and beyond to assist insurers during the recent pandemic and beyond.
"This changing environment makes the need for reliable operational risk solutions critical and the judges selected ViClarity as the winner in this category for the valuable support it provides insurers."
ViClarity's Governance, Risk and Compliance solutions are being utilised by over 50 European insurers as well as a growing customer base in North America and Canada. With a growing emphasis on remote working, the ViClarity software is helping insurers collaborate in a better and smarter way across multiple jurisdictions.
The ViClarity software was recognised for the vast amount of processes that it helps insurers automate, allowing them to have one central platform to manage all of their Risk, Compliance, Vendor and other processes. Recently launched solutions such as our Lloyds Minimum Standard's compliance tool and an updated Fitness & Probity module were noted to have solved numerous pain points for many insurers.
Last year, ViClarity founder Ogie Sheehy travelled to London to collect the award at a ceremony in the Tower of London but this year the ceremony will be virtual. For more on this story, visit InsuranceERM's website.
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