Wild Commercial allow insurers, wholesale brokers and MGAs to extend their customer acquisition and servicing processes to brokers and end customers, leading to reduced costs and improved customer service.
Wild Commercial is the leading eBusiness solution for the specialty insurance market and brings the following key benefits:
Reduces the cost of acquiring new business
Wild Commercial allows brokers and customers to quote, bind, and issue documents and certificates with no human involvement from insurers, thus making it possible to increase the profitability of an existing portfolio of business.
Generates increased premiums
By extending customer acquisition and servicing processes to brokers the costs of acquiring and servicing business are dramatically reduced which makes it possible to enter new markets at low cost.
Tackle contract certainty
Wild Commercial Forms Manager allows for immediate production of policy documentation without the need for re-keying.
Wild Commercial is a front office and eBusiness solution architected to support multiple insurance products:
Full sort for acquisition processing including rating, quick indication, quoting, binding, clearing, policy issuance and invoicing
Support for renewals, mid-term adjustments and first notification of loss
Architected to support rapid implementation and subsequent product builds
Multi-language and multi-currency
Flexible look and feel
Powerful tools allow new products to be added quickly and at low cost
Comprehensive administrative tools that allow users to quickly modify rating rules, documentation and endorsements in response to changing market conditions
Integrates with 3rd party systems and components
Component based architecture built on the Microsoft .NET framework
Supports the Microsoft SQL Server relational database management system (RDBMS)
