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Premier Insurance Standards Body ACORD Recognizes Ebix with Six Awards

^{Published on 2010-06-03 12:25:21 - Market Wire}
 

ATLANTA--([ BUSINESS WIRE ])--Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced that it accepted six awards from the insurance industry standards association ACORD at an invitation-only Awards Luncheon held last week at the Mandalay Bay Convention Centre, Las Vegas.

ACORD (the Association for Cooperative Operations Research and Development) is a global, nonprofit insurance association that promotes the development and use of standards for the insurance, reinsurance, and related financial services industries.

ACORD presented the following six awards to Ebix:

• Most actively involved with ACORD a" EbixExchange Division
• Early Adopter XML Transactions a" EbixExchange Division
• Early Adopter eForms - Ebix P&C Division
• Early Adopter Specialty Lines - Ebix P&C Division
• Most compelling case study - Ebix P&C Division
• Download Vendor of the year - Ebix P&C Division

EbixExchange Director of Carrier Product Development, Sandy Hampel, received these wide-ranging awards in recognition of Ebixa™s leadership in insurance standards adoption across the world.

About Ebix, Inc.

A leading international supplier of On-Demand software and E-commerce services to the insurance industry, Ebix, Inc., (NASDAQ: EBIX) provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry.

With 30+ offices across Brazil, Singapore, Australia, the US, New Zealand, India and Canada, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of insurance and technology professionals to provide products, support and consultancy to thousands of customers on six continents. Ebixa™s focus on quality has enabled it to be awarded Level 5 status of the Carnegie Mellon Software Engineering Institutea™s Capability Maturity Model (CMM). Ebix has also earned ISO 9001:2000 certification for both its development and BPO units in India. For more information, visit the Companya™s website at [ www.ebix.com ].