QBE: Improving Oversight of Third Parties for One of Australia’s Largest Insurers

1 minute read

July 2020

As a major insurer operating in 27 countries, QBE has a large vendor footprint and requires an efficient cyber risk assessment solution that is scalable across the business. CyberGRX provides QBE with a dynamic, 360-degree view of their third-party and supply chain landscape, enabling them to conduct more risk assessments with the same number of people. Overall, there has been a significant time and effort savings for QBE’s Cyber Security, Procurement, Legal, and Compliance teams, as well as business stakeholders. 

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ProcessUnity is a leading provider of cloud-based applications for risk and compliance management. The company’s software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes. ProcessUnity’s flagship solution, ProcessUnity Vendor Risk Management, protects companies and their brands by reducing risks from third-party vendors and suppliers. ProcessUnity helps customers effectively and efficiently assess and monitor both new and existing vendors – from initial due diligence and onboarding through termination. Headquartered outside of Boston, Massachusetts, ProcessUnity is used by the world’s leading financial service firms and commercial enterprises. For more information, visit www.processunity.com.