VICLARITY, based at Kerry Technology Park, has won the Operational Risk Solution of the Year at the Insurance ERM Awards 2020.

The award ceremony for the 2020 award winners on will take place on March 12 at the Tower of London.

ViClarity, which founded by its CEO Ogie Sheehy, were named as the winners of this year’s award after standing out from the hundreds of operational risk solution providers that entered the awards.

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ViClarity is a cloud-based audit, risk and compliance solution that enables organisations to effectively identify, monitor, score and report on their operational risks. The ViClarity solution automates manual processes removing manual based operational risk activity.

Over the last three years, the innovations, solutions, and features developed in the ViClarity software has enabled the company to add some of Europe’s biggest European Insurance organisations to their client list.

InsuranceERM’s Awards formally recognise the very best in risk management, actuarial and risk modelling practices, as well as the leading service providers in the UK and European markets.

The Insurance ERM UK & Europe awards 2019-2020 are the most prestigious in the rapidly changing area of risk and capital management in the insurance sector.

Spanning insurance risk management, actuarial and risk modelling, across 33 categories, including technology solutions, the winners of the Insurance ERM UK & Europe awards 2019-2020 was selected by a judging panel of senior industry experts from across Europe and the UK, each chosen for their knowledge, objectivity and credibility.