AI-Enabled Audit-Tech Transforms Third-Party Risk Management for Insurers

Pro Global Launches Audit-Tech: Vendor Assurance for Smarter Third-Party Risk Management

Pro Global has introduced Audit-Tech: Vendor Assurance, an AI-powered service built to help insurers manage third-party risks with greater efficiency. This tool addresses the growing need for scalable, intelligent vendor oversight amid increasing regulatory demands and complex vendor ecosystems.

Audit-Tech blends automation with expert insight to deliver vendor audits, risk scoring, workflow automation, and real-time analytics—all integrated within existing Governance, Risk, and Compliance (GRC) systems. It covers the full vendor lifecycle, from assessing vendor criticality to managing remediation efforts.

How Audit-Tech Benefits Insurers

• Speeds up vendor onboarding and reduces manual effort
• Improves compliance by applying risk-tiered audit strategies
• Provides ongoing monitoring to detect emerging risks early
• Offers real-time dashboards for transparent progress tracking

With proven success across global markets and solid experience in the insurance sector, Audit-Tech is helping clients shift from fragmented, manual processes to a more strategic, scalable approach to third-party assurance.

Expert Insight on the New Platform

Pervin Sivanathan, Pro Global’s group head of audit and advisory, explains that third-party risk management remains a critical concern for insurers. By combining AI-driven automation with practitioner expertise, Audit-Tech offers a reliable way to meet compliance needs and boost confidence in vendor oversight. The platform supports risk-based audit planning and continuous monitoring, helping clients stay ahead of regulatory scrutiny.

Kristy Lovegrove, group head of technology, adds that the platform’s AI capabilities enable faster, more precise identification of emerging risks. The integrated portal acts as a single source of truth, simplifying document workflows and progress tracking. This approach helps insurers manage vendor risk at scale more effectively.

Why This Matters for Insurance Professionals

As regulatory expectations tighten and vendor networks grow, insurance companies must adopt tools that streamline risk management without increasing workload. Audit-Tech’s combination of AI and expert guidance offers a practical solution to improve oversight, reduce compliance gaps, and ensure smoother vendor relationships.

For those interested in how AI is reshaping compliance and risk management in insurance, exploring relevant automation courses can provide valuable insights.