Procurement in Insurance

Insurance enterprises rely on hundreds of supplier contracts covering technology, services, and operations. Yet scattered agreements, static PDFs, and manual oversight make it hard to enforce compliance, monitor vendor performance, and respond quickly to supply chain risks.

What’s at Stake

• Contract data buried in PDFs slows monitoring and enforcement.
• Compliance breaches slip through without clause-level visibility.
• Supply chain risks remain hidden until disruptions escalate.
• Procurement, legal, and operations work in silos with limited accountability.
• Manual data transfer into ERPs delays execution and weakens compliance.

Download the PDF and discover:

• How Sirion’s pre-trained AI models extract obligations, SLAs, and payment terms for real-time monitoring.
• Why a centralized repository and AskSirion’s conversational search give insurers instant visibility into supplier agreements.
• Common breakdowns in vendor contracting and how Sirion unifies procurement, legal, and risk teams on a single AI-native platform.
• High-impact use cases across obligation extraction, vendor performance monitoring, supply chain risk detection, and compliance enforcement.