Neodigital, a digital insurance company, aimed to strengthen its Operational Risk Management capabilities within the framework of management systems and information security. They required a solution that could not only provide agile Risk Management, but cover topics across the full governance and compliance spectrum, as well. Neodigital’s first goal in Alyne was to create a complete inventory of all existing risks, which was achieved in just six weeks.

Neodigital Versicherung AG was founded in 2017 by Stephen Voss and Dirk Wittling with the goal of making it a leading insurance factory. Thanks to the strong team with many years of experience in the insurance industry, Neodigital has developed, in a very short time, into a digital insurance company based on simplified and accelerated processes with the help of extensive automations.

 

“We live digitisation in all our processes. Therefore, it is important to us to integrate it into our internal processes. Mitratech’s Alyne GRC platform helps us support our employees in the Risk Management space and beyond.”

– Anzhela Kuts Chief of Staff – Neodigital

 

While Neodigital continues its ambitious growth course, it aims to strengthen its Operational Risk Management capabilities within the framework of management systems and information security. An isolated solution, exclusively for Risk Management purposes, was out of the question for Neodigital, as other topics from the governance and compliance environment, such as VAIT Compliance or ISO 27001 Compliance, were also highly relevant.

After selecting Mitratech’s Alyne platform, Neodigital’s first goal was to create a complete inventory of all existing risks. To reach this goal, three steps were necessary within Alyne:

  1. Konfiguration der Instanz
  2. Migration bestehender Risiken
  3. Aktualisierung des Risikoinventars

Only six weeks after signing the contract, Neodigital was able to successfully achieve its goal of developing a complete risk inventory and efficiently record as well as manage risks from different divisions.

Read about their journey in detail and the time-to-value that the Alyne platform provides. The case study is available in both English and German.