CONECT™
TO CONTROL
THIRD PARTY OVERSIGHT
In today’s insurance supply chain environment, with its myriad of moving parts, complexity must be controlled with all-seeing oversight and instant action.
01 / CONTROL
02 / INSIGHT
Conect™ brings you the power to control all your business relationships across all aspects of compliance: to encompass Coverholders, MGAs, brokers, TPAs, lawyers, loss adjusters — and any other third party within your supply chain.
Code-free configurability tailors technology to your exact needs — at the touch of a button. Create customised tabs that are meaningful to your business: from people to company information to financial data to sensitive records to audit — and everything in between.
03 / SIMPLICITY
Real time Due Diligence activity, harnessing trusted data from public and specialist sources. Access real-time intelligence on supply chain third parties — even down to their latest tweet and Instagram post. Custom alerts allow you to act quickly, decisively and effectively.
‘In an increasingly connected world, it’s more important than ever to minimise risk, realise efficiencies and ensure compliance. Albany Group’s standout solution, Conect™, is unique and has the potential to change the industry’
CONECT™ TO INSIGHT AND SIMPLICITY
HARNESS THE REAL POWER OF DATA
Conect™ brings powerful insight. The vast complexity of insurance supply chains is transformed into an intuitive, easy to use dashboard to capture, compile and analyse supply chain data. It then visualises the information you need – for insight in breadth and depth at a glance.
Conect™ is built around user experience, with the ability to slice and dice data in the ways that are most meaningful to your business. Supported by functionality such as intelligent search and tiered access (for you and your third parties), you can analyse activity and access insight by:
PERSON, TEAM OR ROLE
PROCESS, STATUS OR (RAG) STATE
NEWS, EVENTS OR ALERTS
Identify priorities by:
THIRD PARTY
TYPE
DATE
Conect™ then allows users to drill down into whatever area they wish to explore, with similarly intuitive screens that bring access to the latest information, visualised in the most meaningful ways. Navigation has been carefully designed to ensure that with Conect™, the information you need is never more than three clicks away.
HARNESS THE POWER OF AUTOMATION
01
02
03
Responsible businesses welcome regulation but can struggle to meet the requirements of compliance. Conect™ ensures that your compliance activity is always accurate, streamlined and cost-efficient.
Conect™ harnesses the power of automation to ensure that minimal user inputs deliver maximum user outputs. Functions such as data capture, workflow, audit, GDPR compliance, know your supplier (KYS) obligations, authentication, risk assessment and alerts are all automated and configurable.
Conect™ is a powerful platform that drives efficiency, protects reputations and embeds compliance.
IMPLEMENTATION
Conect™ is designed to deliver results — fast. Quick to implement and simple to master, typically: the platform is live within 24 hours; organisational discovery is complete within 14 days; key assessments, reports, workflows and events are live at 30 days; and after 30 days the organisation is able to test, customise and fully harness the platform.
24 HOURS
PLATFORM LIVE
14 DAYS
DISCOVERY COMPLETE
30 DAYS
KEY WORKFLOWS RUNNING
30+ DAYS
CUSTOMISE & HARNESS
CONECT™ TO THE FUTURE
Conect™ has been specifically developed to grow with its customers and ongoing innovation. Albany Group has created a roadmap for continual development to ensure that Conect™ always stays relevant. Work is already underway on integrating cutting edge technologies such as AI and machine learning, with this stream of upgrades always informed by user experience.