Broking giant Aon has rolled out a digital platform in the US that is aimed at helping risk managers, procurement officers, and general counsels manage their companies’ insurance-related third-party risk.

Called “Partner Risk Insights,” the new tool is powered by CoverWallet and features advanced analytics and a real-time dashboard that facilitates a simplified insurance verification process. The goal is to address protection gaps among the likes of suppliers, vendors, and commercial tenants.

Partner Risk Insights also offers advice from Aon brokers and allows online insurance take-up.

Roberto Pinto, president of digital client solutions at Aon, noted: “We are providing our clients with a way to better understand risk, drive compliance, and offer a more seamless onboarding option.

“Partner Risk Insights keeps business networks more connected and better protected from third-party risks, helping clients achieve their business goals.”

According to Aon, the platform creates organizational efficiency and resiliency against potential liability and financial impact by matching third-party insurance opposite risk standards in a strategic and automated manner, replacing the traditional and tactical insurance certification route.

Jillian Slyfield, chief innovation officer of Aon, added: “We are incredibly excited to launch this digital platform as part of Aon’s commitment to serving clients with innovative products.”

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Photo; Ken Lund , This file is licensed under the Creative Commons Attribution-Share Alike 2.0 Generic license.