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The LexisNexis Insurance Exchange is a single-entry collaborative insurance placement platform that automates and streamlines the flow of application data and documents between insurance agents and brokers, wholesalers and carriers.

The Insurance Exchange Trust is moving ahead with development of an insurance exchange, establishing an oversight committee it said will make the insurance transaction easier for everyone involved.

Health insurance exchanges are a key feature in the Patient Protection and Affordable Care Act, which mandates that every state establish a health insurance exchange by Jan.1, 2014, or default to a federal "fallback" exchange.

The Insurance Exchange Trust Inc., an industry-controlled entity designed to oversee the LexisNexis Insurance Exchange, was officially unveiled.

Ebix, Inc., an international supplier of on-demand software and e-commerce services to the insurance industry, has signed an agreement to acquire Rio de Janeiro-based Insurance Exchange - USIX Technologies, Inc.

The Insurance Exchange is an innovative new business and renewal submission placement platform that enhances the flow of application data between insurance agents, brokers and carriers.

LexisNexis Risk Solutions said it has selected FirstBest Systems, Inc., as the core technology partner for its new insurance exchange, being created with the Council of Insurance Agents and Brokers.

LexisNexis Risk Solutions has selected FirstBest Systems, Inc., as the core technology partner for its new insurance exchange.