MajescoMastek, the U.S. subsidiary of Mastek , announced thelaunch of Elixir Distribution Management (EDM), its distributionmanagement solution for life/annuity insurance carriers in NorthAmerica.

A primary component of the Elixir suite of products--thecompany's flagship line for the insurance industry--EDM is astandalone system that allows a carrier to manage the entiredistribution landscape.

Rad Sundar, founder director of Mastek and head of insurance,says, "This enhanced offering is an extension of our Elixir ChannelManagement Solution. New customers will benefit from the company'scontinuous investment in research and development and bestpractices for the insurance community."

EDM's Producer Life Cycle Manager, Compensation Manager,Performance Manager, and Producer Portal form an end-to-end systemthat oversees diverse channels and administers producers fromregistration to termination.

"Elixir Distribution Management is a proven solution that hasbeen successfully implemented in six countries by 11 globalinsurance companies with more than 15 million policies and 300,000producers worldwide," says Harold Apple, senior vice president ofMajescoMastek. "This product strengthens our position as aninnovative IT solutions provider to the North American insuranceindustry."