UNIFI Companies Selects WinFlex Compliant Illustration Platform
Leading insurer to increase product exposure while providing insurance professionals with increased sales efficiency
Park City, Utah//July 15, 2009// EbixExchange, a division of Ebix, Inc. (NASDAQ: EBIX), today announced UNIFI Companies will provide the WinFlex illustration system to producers affiliated with its life insurance distribution network — Ameritas Life, Acacia Life and Union Central Life. The illustration system will provide UNIFI Companies with increased exposure to the brokerage and independent insurance market while enabling WinFlex users to create new efficiencies in their sales process.
“We’re pleased to be able to provide the latest compliant illustration platform from EbixExchange,” said Roger Stacy, vice president – brokerage agencies – UNIFI Companies. He commented, “We see WinFlex as a means of broadening our relationships with brokerage agencies and further expanding our market.”
WinFlex, regarded by many in the industry as the leading multi-carrier compliant illustration system, provides a common interface and output for comparing multiple insurance products and supports advanced life insurance sales concepts. Nearly half of EbixExchange’s 60-plus insurance companies have product relationships with WinFlex. EbixExchange’s client base includes 300,000 brokers.
In addition to WinFlex, EbixExchange also provides automation for research, quoting and life insurance and annuity application order-entry via its VitalSales Suite and LifeSpeed and AnnuityNet platforms.
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About EbixExchange EbixExchange is the division of Ebix, Inc. that focuses on research, illustration, transaction processing, and compliance automation for the life insurance and annuity industry. Combining the expertise of pre-merger industry pioneers EbixLife and Finetre Corporation, EbixExchange is a leading developer of electronic Straight Through Processing and currently supports a broad range of insurance agencies, brokerage and clearing firms, and operations centers at over 60 of the leading insurance carriers and their affiliates. EbixExchange’s parent company, Ebix, Inc., is a publicly held corporation (NASDAQ: EBIX). For more information, please visit http://www.ebixexchange.com.
About UNIFI Companies UNIFI Companies—Ameritas Life, Acacia Life, Union Central Life and affiliated companies—offers a wide range of insurance and financial products and services to individuals, families and businesses. These products and services include life insurance; annuities; individual disability insurance; group dental, eye care and hearing insurance; retirement plans; investments; banking and public finance. To learn more, visit UNIFI Companies at www.UNIFIcompanies.com.
About Ebix, Inc. Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development for all entities involved in the insurance and financial services industries.
Ebix strives to work collaboratively with clients to develop innovative technology strategies and solutions that address specific business challenges. Ebix combines the newest technologies with its capabilities in consulting, systems design and integration, IT and business process outsourcing, applications software, and Web and application hosting to meet the individual needs of organizations.
With bases in Singapore, Australia, the U.S., New Zealand, India and Canada, Ebix employs insurance and technology professionals who provide products, support and consultancy to more than 3,000 customers on six continents. Ebix’s focus on quality has enabled it be awarded Level 5 status of the Carnegie Mellon Software Engineering Institute’s Capability Maturity Model Integration (CMMI). Ebix has also earned ISO 9001:2000 certification for both its development and call center units in India. For more information, visit http://www.ebix.com.
For more information, contact: Jim Bolton EbixExchange 703.234.0162
Roger Stacy UNIFI Companies 800-388-8802, ext. 52313
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