Conect

A global platform which truly bridges the gaps in your business, Conect allows you to easily manage the professional, contractual and performance information of all third parties with which you interact – including Cover holders, MGAs, Brokers, TPAs, Lawyers, Loss Adjusters and any other supplier. Seamlessly connecting your whole supply chain with an audit support function to keep your business compliant. It effortlessly interacts from screen to screen taking the user straight to the correct data to enable them to conduct the enquiry and access the correct information within three clicks. This is the first of its kind truly global platform that bridges the gaps in your business.

Conect works by layering various hubs, according to clients’ needs

The Data Hub is the staple basic tool which offers a global platform for the management of 3rd parties and includes an overview profile summary, SLAs, contracts, fee cards, third party contacts, delegated authority and loss fund summary, storage of governance documentation, management of complaints and compliments, management of conduct and other training records. 

Additionally, clients can opt to combine this with the following hubs:

Audit Hub - seamlessly manages the audit process, reducing the administrative burden by up to 80%.

Broker Hub - a complete broker on-boarding system. It manages contracts applications and due diligence all from one GDPR compliant hub.

Intelligence Hub – analyses and manages supply chains, tracking supplier activity and automatically registering risk, allowing insurers to remain compliant and informed.

Performance Hub – provides insurers with key metrics in which they can analyse their suppliers’ performance based on company philosophy, KPIs and true value for money.

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Uses

  • Internal and external Audit
  • Complete supplier compliance storage
  • Global platform easily accessible by all

Benefits

  • Single point to manage your global supply chain
  • Accountable with full audit function
  • Automatic alerting for reviewing
  • Simple to understand and easy to use

Mix and match products to create a bespoke solution for your business

Hubs you are interested in

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Global platform for the management of third parties

Centralised control and governance of all third parties, including Coverholders, MGAs, Brokers, TPAs, Lawyers, Loss Adjusters and other suppliers.

Unique profiles

Store contracts, SLAs, fee cards, MI, due diligence records, complaints and compliments against each third party.

Management of Delegated Authorities

Dedicated control of delegated authorities.

Direct access for third parties

Third parties can log in to their own profile page, allowing direct input of management information, KPIs, contact details, conduct and training records, complaints logs and more, frees your time to focus on managing the performance of your third parties.

Bespoke tailored to the needs of your business

Ability to have different functionality for different parts of the business and to “ring-fence” parts of your business.

Intelligent search functionality

Find the profile you need in seconds.

Guided due diligence process

including flags for non-answer and document storage.

Targeted MI Portal And bespoke Dashboard

Management information at your fingertips, tailored to your business needs.

Reminders and escalation

Ensures information is kept up to date and governance on track.

Tiered user access

Differentiated access rights from read only or restricted access to full editorial rights and everything in between.

Centralised user management

Easily control and oversee user access.

Integrated FCA compliance portal

Integrated FCA compliance portal