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.

USIX is presently in the process of implementing an on-demand exchange based broker system solution for the thousands of brokers of Bradesco Seguros. The solution is targeted to be deployed across 30,000 brokers of Bradesco.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.