As the leading web-based front office solution Wild Commercial can reduce costs, improve control and accountability and deliver contract certainty.
Web-based front office solutions are used by underwriters and administrative staff to increase the efficiency of the customer acquisition and servicing processes. As the leading web-based front office administration solution, Wild Commercial delivers the following benefits:
Reduce costs
By allowing the rate, quote, bind and policy issuance processes to be automated or carried out by less skilled administrative staff, Wild Commercial reduces the cost of acquiring business.
Timely, consistent underwriting
The Wild Commercial rating engine encapsulates underwriting rules allowing administrative staff to quote for straight forward business. This frees up expensive underwriters to focus on those cases where their expertise is needed and adds value.
Improve underwriting process control
Where a case falls outside of automatic underwriting parameters, it is referred to an underwriter for manual underwriting and subsequently to a colleague for peer review. This process is tracked, managed and audited leading to increased control over a key internal process.
Tackle contract certainty
The Wild Commercial Forms Manager allows for immediate production of policy documentation without the need for re-keying. It allows bespoke wordings to be produced in a controlled and auditable fashion.
Wild Commercial is a front office and eBusiness solution architected to support multiple insurance products:
Full support 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
Designed to support rapid implementation and 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)
