Helping the insurance community to process business efficiently

One of the current hot topics is contract certainty. The lack of contract certainty creates risks for the policyholder as well as the insurer and the broker. The insurer has an incomplete knowledge of the risk it has underwritten and of the terms under which it is underwriting. For the brokers there are large exposures to legal action.

There are a number of initiatives underway that will help to deal with process inefficiencies, contract certainty and other issues but in the main they offer long term solutions. With its in depth knowledge of insurance, Wildnet was founded over seven years ago to bridge the gap between insurance and technology and to deliver solutions and consultancy that increase efficiency in the short term.

	Understanding your business
	A dedication to deliver

While it is estimated that £25bn of capital has flooded into the insurance industry during the last three years, the investment in infrastructure has certainly not kept pace with the inflow of capital.

End-to-end processes across retail brokers, wholesale brokers and insurers are inefficient, leading to duplication of effort and inaccuracy. Everyone involved in the chain is affected by such inefficiency.