Safety Insurance Group Selects ProcessUnity for Risk Management and Sarbanes-Oxley Compliance

2 minute read

December 2015

by DEV

CONCORD, MASS. – December 16, 2015 – ProcessUnity, a leading provider of cloud-based solutions for risk management, today announced that Safety Insurance Group, Inc. (NASDAQ: SAFT) has selected ProcessUnity Risk Suite to automate its Sarbanes-Oxley Compliance and Enterprise Risk Management programs.

Safety Insurance Group, Inc. is the parent of Safety Insurance Company, Safety Indemnity Insurance Company, and Safety Property and Casualty Insurance Company which are Boston, MA, based writers of property and casualty insurance. Safety is a premier provider of personal automobile insurance in Massachusetts and New Hampshire.

“ProcessUnity’s cloud-based solution will enable Safety to streamline processes for Sarbanes-Oxley compliance and enterprise risk management,” said Jerry Sleeper, Director of Risk, Audit and Compliance at Safety Insurance. “With complete audit trails, workflow, notifications and powerful reporting, ProcessUnity will help us optimize internal controls and fulfill our regulatory obligations for SOX while also helping us identify, assess, monitor and mitigate risks to our business.”

Leading organizations rely on the ProcessUnity GRC Platform to assess, measure and mitigate risk and ensure the optimal performance of key business processes. The Software-as-a-Service technology creates a common user experience and seamless application integration across all ProcessUnity governance, risk and compliance solutions. As cloud-based technology, ProcessUnity deploys quickly with minimal effort from customers and their IT resources. Product enhancements are installed frequently, immediately and automatically, and require no work from the customer. The inherent efficiency of the platform delivers faster, better results and the ability to scale governance, risk and compliance programs over time.

ProcessUnity’s suite of applications includes Third-Party Risk Management, Enterprise Risk Management, Regulatory Compliance Management, Incident Management, Product and Service Offer Management, and more.

Learn more about ProcessUnity solutions at www.processunity.com.

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About ProcessUnity

ProcessUnity is a leading provider of cloud-based applications for risk management and service delivery management. The company’s software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes.  For public companies and regulated industries, ProcessUnity Risk Suite delivers effective governance and control, vendor risk mitigation, and regulatory compliance. For benefit plan administrators and other financial service firms, ProcessUnity Offer Management controls complex product offerings and strengthens client service experience. ProcessUnity is used by the world’s leading financial service firms and commercial enterprises. The company is headquartered outside Boston, Massachusetts. For more information, visit www.processunity.com.

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About Us

ProcessUnity is a leading provider of cloud-based applications for risk and compliance management. The company’s software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes. ProcessUnity’s flagship solution, ProcessUnity Vendor Risk Management, protects companies and their brands by reducing risks from third-party vendors and suppliers. ProcessUnity helps customers effectively and efficiently assess and monitor both new and existing vendors – from initial due diligence and onboarding through termination. Headquartered outside of Boston, Massachusetts, ProcessUnity is used by the world’s leading financial service firms and commercial enterprises. For more information, visit www.processunity.com.