23.02.09

Wildnet Group today announced a Value Added Reseller agreement with Web Connectivity that will see the two organisations working to implement ACORD messaging infrastructure to the insurance market using Wildnet solutions.

With this agreement, Wildnet continues its policy of sourcing cutting edge technologies from around the IT Services Market, ensuring its customers are provided with a solution that meets their ever evolving requirements.

Web Connectivity, the leading provider of ACORD messaging services to the London Insurance Market, allows firms to effectively and efficiently implement the London Market Reform agenda. They enable insurance organisations to exchange structured and/or unstructured data using internationally recognised ACORD standards. By working with the proven technology of Web Connectivity, Wildnet can deliver tailored solutions that deal with an industry wide issue. The solution sits within Wildnet’s Front Office Environment, providing customers with the ability to automate messaging and greatly increase operational efficiency.

With the advent of the Lloyd’s Exchange the issue of electronic messaging is now of considerable importance, which makes the timing of this agreement all the more significant.

Mark Birrell, Chief Executive of the Wildnet Group commented, “Wildnet is constantly seeking to provide clients with innovative technology that will genuinely improve and enhance their business processes. This will ultimately lead to reduced costs and increased operational efficiency”

Web Connectivity, based in the City of London, are delighted that Wildnet have joined their Value Added Reseller Programme.

James Willison, Managing Director of Web Connectivity added, “As a provider of ACORD messaging solutions to insurance organisations we look forward to working with Wildnet to offer integrated solutions to facilitate straight through processing of business data.”

Ends

Notes to Editors

Wildnet was founded over ten years ago to provide front office solutions and consultancy services to the insurance and reinsurance industries. Utilising decades of industry experience, as both brokers and underwriters, Wildnet brings a unique industry understanding that aims to solve business problems either by applying the right transactional and processing systems or creating totally customised solutions. Wildnet has also built over twenty five web based B2B processing platforms and provided a range of systems to insurers, reinsurers, brokers and Managing General Agents.

For more information visit www.wild.net

About Web Connectivity

Web Connectivity, founded in 2003, focuses on enabling companies to exchange structured and/or unstructured information using ACORD (Association for Cooperative Operations Research and Development) standards. Its Enabled B2B Gateway allows instant communication with other parties using the ACORD Messaging Service (AMS) and the Reinsurance and Large Commercial (“RLC”) and Document Repository Interface (“DRI”) standards.

Web Connectivity is the recipient of 22 awards from ACORD. Web Connectivity won the following 2008 ACORD Awards:

1. Industry Leadership for Straight Through Processing Award
2. Outsourcer Award
3. Shared Service and/or Infrastructure Platform, Middleware Award