Decision Focus has secured the ERM end-to-end solution of the year award, solidifying its position as a leading provider of governance, risk management and compliance (GRC) software in the insurance sector.

The company's platform, featuring over 21 out-of-the-box modules, accommodates the full spectrum of risk management needs.

Decision Focus has also expanded its footprint in the Lloyd's of London market, now serving over a third of managing agents.

The company's no-code platform, designed for ease of use and minimal training requirements, has enhanced communications for risk management teams and made clients more self-sufficient without the need for local IT support.

Key improvements enabled by Decision Focus include increased risk event reporting, shortened periods for risk and control assessments, and a drastic reduction in committee report drafting time from three weeks to one week.

The platform's ability to automatically generate risk committee packs has been particularly well-received.

Decision Focus's team of GRC professionals includes ex-chief risk officers and risk managers from the insurance sector.

The platform's flexibility and adaptability were commended by the judging panel as well as evolving the provider's modules to reflect latest regulation.

This is also shown in the company's recent evolution of four modules to support insurance clients' compliance with the EU's Digital Operational Resilience Act.