CUSTOMER PORTALThird-Party Risk Management & Compliance for the Insurance Industry
Leading Fortune 500 Insurance Companies Trust Aravo for TPRM
Outpace evolving regulatory compliance expectations and strengthen operational resilience across key third-party vendors supporting underwriting, claims, and policy servicing.
Safeguard Your Insurance Ecosystem from Evolving
Third-Party Risks
Insurance organizations rely on an extensive network of third-party vendors and suppliers, including claims administrators (TPAs), underwriting partners, reinsurers, service providers, technology vendors, and cloud providers, to deliver critical business operations. As these ecosystems become more interconnected, insurers face increasing pressure to comply with evolving state insurance regulations, NAIC guidance, and broader privacy and cybersecurity requirements, while ensuring critical third parties can support uninterrupted underwriting, claims, and policy servicing.
According to EY’s 2026 Global Insurance CRO Survey, 56% of insurance chief risk officers identify third-party risk management as a top operational resilience priority, reflecting the growing need for continuous visibility into critical third-party relationships.
Aravo’s Intelligence First™ Platform for TPRM, with natively embedded AI, enables insurers to identify, assess, monitor, and mitigate third-party risk across the entire vendor lifecycle—from onboarding and due diligence through continuous monitoring, remediation, and offboarding. By automating third-party governance, Aravo helps insurers strengthen operational resilience, improve regulatory readiness, and confidently manage third-party risk at enterprise scale.
A Centralized Solution for Insurance Risk and Regulatory Compliance
Aravo helps insurance organizations centralize third-party vendor risk and compliance across the regulatory and operational domains that matter most, including:
- State insurance regulations and NAIC guidance
- Operational resilience and critical third-party oversight
- Privacy and data protection (GLBA, HIPAA, state privacy laws)
- Cybersecurity and cyber risk (NIST CSF, NYDFS 23 NYCRR 500)
- Financial crime, sanctions, and anti-bribery compliance
- Fourth-party risk and supply chain resilience
Rather than relying on disconnected compliance, procurement, security, and legal systems, Aravo’s Intelligence First™ Platform enables insurers to identify, assess, monitor, and govern third-party risk across the entire insurance ecosystem.
Native AI for Smarter Insurance Risk Decisions
Aravo AI is natively embedded within the Intelligence First™ Platform to enhance every stage of third-party risk management. Whether managing claims administrators (TPAs), reinsurers, underwriting partners, technology providers, payment processors, or other critical service providers, Aravo AI delivers:
AI Canvas with Interactive Agents
Gain real-time insight into third-party vendor risk, regulatory obligations, operational resilience, critical vendor exposure, and informed risk decisions.
Workflow Agents
Automate time-consuming tasks such as third-party onboarding, due diligence, risk assessments, control validation, contract reviews, evidence collection, and policy and compliance document analysis.
Plus, with Aravo’s AI Studio, insurers are empowered to build and customize AI agents for insurance-specific use cases—from monitoring evolving NAIC guidance and state regulatory requirements to identifying concentration risk, validating critical third-party controls, and accelerating consistent, risk-based decision-making across the enterprise.
Accelerate Time-to-Value with Pre-Built Risk Applications
According to KPMG’s 2026 Global Third-Party Risk Management Survey, 83% of organizations expect to expand their partner ecosystems over the next one to three years, increasing the complexity of managing third-party risk while meeting evolving regulatory and operational resilience requirements.
Aravo delivers rapid time-to-value with pre-built, configurable applications designed to address the most critical third-party risk domains, including:
Aravo for Data Privacy
Standardize third-party onboarding and GDPR screening by collecting key documents, certifications, policies, and data, while enabling enterprise-wide visibility into GDPR risk.
Aravo for ESG
ESG/EHS application supporting the assessment, monitoring, and mitigation of risk related to: human and labor rights, discriminatory practices, conflict minerals, hazardous waste, sustainability, and more. Patterned after 17+ global ESG regulatory directives (e.g., German Supply Chain Act, CDP, SASB, etc.).
Aravo for InfoSec
Information Security module aligned with more than two dozen US and international third-party risk management standards, such as HIPAA, OCC, PCI, ISO, UK FCA, and GDPR.
Aravo for ABAC
Assess, monitor, and mitigate third-party bribery and corruption risk through automated due diligence, ongoing oversight, and workflows aligned to the OECD, FCPA, UK Bribery Act, and ISO 37001.
Aravo for FSR
Accelerate third-party financial services risk (FSR) assessments with pre-built questionnaires, workflows, and continuous monitoring designed to support OCC guidance, strengthen regulatory compliance, and improve operational resilience.
Improve Oversight Across Your Insurance Partner Network
Aravo enables insurers to unify third-party risk and compliance programs with centralized governance, continuous monitoring, and actionable insights across critical business partners.
Insurance Risk & Compliance Performance Benchmarks
Third Parties
8,267
Internal Users
20,109
Monthly Processes Initiated
30,337
Engagement
Management
ABAC
Information
Security
Data
Privacy
Certificates of Insurance Compliance
