98.3%
organizations work with third parties that have been breached
Following the vast array of regulations can be difficult in the insurance industry, as they tend to differ per state. Not only do insurance companies need to comply, it’s important to ensure third-party service providers also comply. Given the amount of sensitive data insurance companies and their third parties hold, managing third-party risks has never been more important.
organizations work with third parties that have been breached
people impacted after third-party data breach at insurance company
lawsuit after a third-party data breach
Tracking third-party compliance is easy in Venminder’s platform, which includes overviews of each third party, templated questionnaires, and subject matter experts in many risk domains, like cybersecurity and compliance. Venminder’s automated emails and reminders will help you stay on track and save time from hunting down documents with third parties.
With Venminder, insurance companies can easily meet NAIC requirements and manage third-party risks.
Avoid the manual work of spreadsheets and easily generate visual, accurate reports on third parties. These reports are customizable and can be designed for specific audiences, like the board and senior management.
Learn MoreReduce the third-party risk management workload with Venminder's Control Assessments. Venminder's subject matter experts review vendor documentation for you and provide recommendations. Through Vendiligence™, order new or search for pre-completed assessments.
Learn MoreSelect and modify questionnaires and risk assessments to identify and monitor third-party risks. Scale with your organization's maturity and methodology and easily collaborate with various stakeholders on risk assessments.
Learn MoreQualified and certified third-party risk experts are available for questions or to assist in guiding your program to success. Includes CISSPs, CPAs, financial risk analysts, paralegals, and more.
Learn More
Organizations have more efficient processes, saved time, consistent contract management, and experienced other benefits with Venminder. Hear first hand how Venminder has transformed organizations' third-party risk management.
Completed assessments can be previewed and ordered directly from the Venminder Exchange
Schedule a personalized solution demonstration to see how Venminder can improve your processes.