Case Study: Probitas 1492 establishes GRC Cloud governance framework with Decision Focus

Probitas establishes “GRC Cloud” with the Decision Focus platform to accelerate the establishment of its governance framework

Probitas 1492, a modern Lloyd’s Managing Agent, needed to quickly establish and evidence a high-standard governance, risk, and compliance (GRC) framework to meet stringent regulatory requirements for its new syndicate. Following a peer recommendation, they chose the GRC Cloud platform from Decision Focus to efficiently embed these practices and house all related matters in a single system.

Decision Focus implemented its cloud-native GRC platform, which was configured to Probitas's precise needs for risk management, compliance, and operations. The implementation was delivered on time and on budget, resulting in a single source of data that enabled successful regulatory approval. Measurable impacts included 100% of risks and controls being assessed and all suppliers being established in the register with due diligence completed within the first quarter.

Probitas 1492

Marcus Bale

Executive Director, Chief Operating Officer