1999 merger of three electronic networks: WIN created by international brokers, LIMNET, the London market network successful at transmitting accounting transactions, and RINET, a consortium of mainly European (re)insurers. Membership of WISe is also available to captives, loss adjusters and third party suppliers. The activities of the three merged networks are grouped under two main programmes. WISe Trusted Trading focuses on a legally regulated environment for electronic trading. WISe Data Exchange focuses on facilitating the exchange of administrative transactions. WISe operates on a non-profit basis from Brussels, London and New York. Its work with electronic data standards was transferred to ACORD. WISe aims to ‘facilitate the use of electronic commerce to improve client service, reduce processing and administrative costs and provide maximum scope for competitive trading. By April 2003, WISe had attracted 50,000 registered users.