Albany Group ranks #34 in BusinessCloud’s InsurTech 50 for 2025

We’re thrilled to share that Albany Group has been ranked #34 in BusinessCloud’s InsurTech 50 2025—a nationwide showcase of the UK’s most innovative insurance technology companies. It’s a welcome recognition of the practical innovation our team delivers every day with Conect™, our platform for delegated authority and third-party governance.

What is the InsurTech 50—and why it matters

Now in its latest edition, BusinessCloud’s InsurTech 50 celebrates startups, scaleups and established firms that are creating technology to transform the insurance industry. The ranking is decided by a combination of reader votes (from a 99-company shortlist) and an independent judging panel featuring leaders from across the ecosystem. In other words, it reflects both market sentiment and expert scrutiny.

This year’s panel included:

• Janine Hirt, CEO, Innovate Finance

• Melissa Collett, CEO, Insurtech UK

• Paddy Goodlet, Corporate Finance – Head of FinTech M&A, KPMG UK

• Jonathan Symcox, Editor, BusinessCloud

  
  

Recognition from this group matters because it rewards impact, not hype—solutions that speed up processes, reduce cost and risk, and make life simpler for insurers, MGAs, TPAs, brokers and coverholders.

Why Albany Group made the list

Our submission centred on Conect™, which provides a single, connected system to manage, evidence and monitor delegated authority (DA) and third-party relationships. In a market often held back by spreadsheets, siloed tools and manual audits, Conect replaces friction with clarity:

• Faster onboarding with pre-populated profiles via Lloyd’s Atlas and data validation that reduces re-keying.

• Configurable assessments using our Assessment Library (Cyber, ESG, Operational Resilience, and Lloyd’s Q&A), plus the option to tailor questions to your risk profile.

• Contract control through a Contract Repository with versioning, approvals and traceability for binders and agreements.

• Audit management that streamlines scoping, fieldwork, findings and reporting—“evidence ready” by default.

• SharePoint integration for version-controlled documents where teams already work.

• An Expanded Risk Register with custom fields and visual indicators to surface issues early.

• Role-based workflows and dashboards that keep tasks moving, highlight bottlenecks and make ownership crystal-clear.

• A support portal for real-time status on requests—no more email chains to find out what’s happening.

  
  

The thread tying all of this together is governance without the grind: one system, consistent controls, and an audit trail that captures what was done, by whom, and when.

Tangible outcomes for customers

While we love good technology, we measure success by outcomes:

• Cycle times: Customers report onboarding and oversight cycles moving significantly faster, with fewer handoffs and less rework thanks to templated requests, data reuse and clear ownership.

• Cost effectiveness: Consolidating point solutions and standardising workflows reduces administrative overhead and licences, while automated validations prevent costly errors downstream.

• Audit readiness: Evidence is captured as work happens, not as a separate exercise—shrinking preparation from weeks to days and improving the quality of findings management.

• Experience: Internal teams and external partners enjoy predictability—knowing exactly what’s required, where to upload it, and how progress is tracked.

  
  

How Conect fits the bigger industry picture

The last few years have brought heightened regulatory expectations and increased scrutiny of supply chains, outsourcing and delegated authority. At the same time, competitive pressure demands faster product launches, leaner operations and better customer experiences. That tension—move quicker while proving stronger control—is exactly where Conect helps.

By unifying data, documents, workflow and evidence:

• Operations get a single source of truth and fewer tools to maintain.

• Compliance benefits from consistent templates and provable controls.

• Leadership gets trustworthy MI without wrestling spreadsheets.

• Partners get a clearer path through onboarding and oversight, with fewer duplicate requests.

  
  

A quick look under the hood

Conect is designed to be configurable, not custom. Teams can tune assessments, scoring, workflow steps, SLAs and notifications without long projects. It integrates with market data (e.g., Lloyd’s Atlas), Microsoft 365 (SharePoint), and existing core systems via APIs—so you can modernise without rip-and-replace.

Recent upgrades include:

• Assessment Library with ready-to-use packs (Cyber, ESG, Operational Resilience, Lloyd’s Q&A).

• Enhanced Audit Module that connects scoping to reporting, with findings tracked to closure.

• Contract Repository workflows offering end-to-end traceability on binders and agreements.

• Risk Register enhancements (custom fields, thresholds, visual indicators).

• Support portal enabling live ticket tracking and faster resolution.

  
  

Voices from the market

We’re proud of feedback from customers who’ve used Conect to centralise DA oversight, shorten onboarding, and reduce the “busywork” of compliance. Common themes include clearer accountability, fewer emails, consistent requests, and audits that are faster and less stressful because the evidence already exists in the system.

What this ranking means for our team

Making the InsurTech 50 is energising because it validates our focus on useful innovation: the kind that removes friction today and lays foundations for tomorrow. It also reflects the care our product, engineering, delivery and support teams put into every release and every customer relationship.

What’s next on the roadmap

We’re continuing to invest in capabilities that make governance lighter and smarter:

• Deeper analytics & MI to surface trends by line of business, geography or partner type.

• More integrations across market utilities and core platforms to cut duplicate data entry.

• Template expansions in the Assessment Library to reflect evolving best practice and regulatory guidance.

• User experience refinements—because making complex work feel simple is an ongoing journey.

  
  

If you’re an insurer, MGA, TPA or claims organisation looking to speed up onboarding, tighten compliance and gain better visibility—without multiplying tools—Conect is built for you.

Thank you

A huge thank you to BusinessCloud’s readers and the judging panel for shining a light on practical, outcome-driven insurtech. Most of all, thank you to our customers and partners for your trust and feedback. You challenge us to make the product better with every release.

See Conect in action. Want a walkthrough tailored to your process? Get in touch at info@albanygrp.com and we’ll line up a short session.

About Albany Group Albany Group builds technology that helps the insurance market manage, evidence and monitor delegated authority and third-party relationships with confidence—accelerating cycle times while raising the bar on governance.