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Apollo, a Skyward Group company, is an innovation inspired insurance platform operating at Lloyd’s of London, offering data-driven and creative solutions to a wide variety of risks. The business provides high quality products and services to clients, and capital partners, enabling a resilient and sustainable world. Apollo offers products across Property, Casualty, Marine, Energy & Transportation, Specialty, Reinsurance, as well as Smart Follow and digital & embedded risk programs. Apollo’s experience and unique ecosystem give Platform Partners the best chance of success through the Lloyd’s new entrant process to the delivery of their long-term strategy.
Doubled Supplier Coverage: Scaled from 30 to 60+ suppliers within two weeks.
Continuous Monitoring: Shifted from "point-in-time" assessments to real-time risk alerting.
Regulatory Alignment: Support compliance with PRA/FCA Operational Resilience (SS1/21 & SS2/21) and DORA.
Supply Chain Mapping: Identified nth-party concentration and dependency risks.
The Challenge: Moving Beyond the "Long Tail" of Static Risk
Prior to partnering with Risk Ledger, Apollo faced a common hurdle in the insurance sector: the limitations of manual, spreadsheet-led Third-Party Risk Management (TPRM). In an era of heightened regulatory requirements from the Prudential Regulation Authority (PRA), maintaining a static view of the supply chain was no longer effective to the level needed.
As Apollo noted: “Apollo was previously carrying out point-in-time supplier risk assessments, reviewing around 30 suppliers every 12 months."
With the "long tail" of accountability now non-delegable under UK operational resilience rules, Apollo recognised the need for a solution that could provide real-time insights into their critical third parties and the wider ecosystem.
The Solution: A "Click and Connect" Approach to Resilience
Apollo implemented Risk Ledger to transition from a manual audit process to a dynamic, social-network-based model. By leveraging Risk Ledger’s unique "Defend-As-One" ecosystem, Apollo was able to instantly connect with and access the assessments of suppliers already using the platform, drastically reducing onboarding friction.
"Within the first two weeks, Apollo moved to continuous monitoring of 60 suppliers, doubling coverage while eliminating manual, point-in-time assessments.” Apollo
This shift allowed the security team to focus on remediation and active risk management rather than administrative work. Beyond individual supplier profiles, the platform provided a holistic view of Apollo’s entire supply chain network:
"The platform also enabled supply chain network mapping, providing clear visualisation of supplier relationships and helping to identify concentration and dependency risks across the supply chain.”
The Results: Doubling Coverage
The impact of the platform was immediate. Within the first fortnight, Apollo had not only modernised their process but had significantly expanded their oversight across their most critical service providers.
This shift supported both:
Operational resilience best practice
Regulatory requirements, by moving away from administrative tasks towards proactive, ongoing risk management
“By using the Risl Ledger platform’s “click and connect” capability to existing supplier-risk profiles, the team was able to rapidly onboard suppliers and transition from periodic assessments to continuous monitoring and alerting.” Apollo
Implementation & Experience: A Partnership for Success
A key factor in the rapid time-to-value was the collaborative relationship between Apollo and the Risk Ledger Client Success team. The implementation was designed to ensure that the platform was not just a tool, but became a fully integrated part of Apollo’s risk culture.
According to Apollo, “the implementation experience was positive from day one, supported by a dedicated Client Success Manager providing one-to-one guidance. Ongoing quarterly business reviews ensure continued alignment, optimisation, and value from the platform.”
Looking Ahead
Apollo is now well-positioned. By embracing a collaborative, data-driven approach to supply chain security, they have moved beyond simple compliance to achieve true, proactive resilience.
Defend against supply chain attacks with Defend-As-One.
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