10:30 AM - 11:15 AM
Legacy local working practices and standards, multiple systems and sources of data, a complex yet undefined set of third parties, increasing regulatory scrutiny and requirements, and distributed and even undefined accountabilities – Chubb has to overcome all of these challenges on its journey to create and operationalize a single, common enterprisewide third-party risk management framework across the 54 countries where it conducts business. In this session, the speaker will share Chubb’s multiyear commitment to design, build, and deploy a third-party risk management program, including the principles being applied, technology implemented, and phased deployment approach to more effectively identify, measure, mitigate, and manage the risks associated with the use of third parties.