Ebix Acquires Brazil's Insurance Exchange

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.

USIX Technologies is a provider of exchange solutions for the insurance industry in Brazil, specializing in Internet interface solutions for insurance companies and their agents. USIX’s portfolio of exchange solutions includes; pricing, multi-quoting for brokers, underwriting, contract binding, and broker-system solutions. The solutions are used in the auto, property, and life (individual and group life) sectors of the insurance industry in Brazil.