Property & Casualty Insurance
As part of the Insurance company solutions for the P&C market, Ebix provides key software components and services to assist insurers in managing the entire lifecycle of a policy. The enterprise-wide products span a range of key functions including rating and underwriting, policy production and customer correspondence, real-time data exchanges and business intelligence.
Key Ebix products and Offerings for the Insurers within the P&C market:
EbixAdvantage Web
Ebix Advantage Web is a modern and powerful pure web-based, multi-lingual, multi-currency insurance carrier system, designed to cater to the complete range of general insurance activities from - Clients Management, Policy Administration, Dynamic rating and quoting, Claims management, Accounting, Document Management and also gives an option to do comparative quoting for direct broking operations for Insurance Carriers, MGA's and brokers.
EbixExchange - USA
EbixExchange for P&C is an end-to-end exchange provider for the P&C industry. Utilizing platforms such as Team-Up Upload and Team-Up Download, EbixExchange for P&C offers a complete exchange path using the highest level of security and encryption available. Our products fully support ACORD standards as well as all leading agency systems. We also offer translation services which support all ACORD LOBs and transaction types.
EbixExchange - Australia
Available to both insurers and brokers in Australia, The EbixExchange - Australia platform allows insurance intermediaries and underwriters to transact together, securely in real time around a vast range of insurance products and services. EbixExchange - Australia is the only industry platform that connects intermediaries systems with insurance underwriting applications. It allows insurance professionals to process quotes, submit and respond to new business, make inquiries, endorse, renew policies, complete cancellations and lapses across home, motor, commercial, trade and most other general insurance products.
Life Insurance
Ebix products and offering help Insurers to broaden distribution channels, respond to broker and consumer demand on the internet, and increase the productivity of current distribution systems.
Key Ebix Products and Offerings for the Insurers within the Life Insurance market -
Illustration Software & Advanced Sales Presentations
WinFlex is the standard platform used to illustrate multiple carriers and create advanced sales proposals. WinFlex is also an ideal solution for carriers who need a cost effective way to offer web illustrations or combine separate illustration engines into one interface. WinFlex is available in both desktop and web versions.
LifeSpeed
LifeSpeed simplifies the order-entry process for selling life insurance policies and eliminates the challenge of tracking paper applications through numerous third-party providers and greatly reduces application error rates. LifeSpeed enables insurers to leverage their familiarity with the existing tool set and platform to achieve greater processing efficiency.
Quoting Engines for Term, UL, LTC & Annuity
LifeSpeed simplifies the order-entry process for selling life insurance policies and eliminates the challenge of tracking paper applications through numerous third-party providers and greatly reduces application error rates. LifeSpeed enables insurers to leverage their familiarity with the existing tool set and platform to achieve greater processing efficiency.
Insurer Ratings & Financial Reports
VitalSigns software provides a quick, easy way to assess and present the financial strength of life insurance carriers. This system is ideal for a captive field force as well as the independent brokerage community. VitalSigns uses yearly financials reported to the NAIC and ratings from the 5 leading ratings services with a Comdex ranking helps interpret the ratings.
Annuities
Our Ebix Exchange platform is the only commercial provider to successfully deploy a proven, scalable online platform for automated annuity order-entry. Just 10 years ago, the automation of annuity sales was considered impractical by the financial services industry. Today, Ebix Exchange has not only changed reality by delivering a high-volume, broadly-deployed solution, but also helped define the means by which future annuity and life e-commerce will be conducted.
Key Ebix Products and Offerings for the Insurers within the Annuities market -
AnnuityNET
Introduced in 1998, AnnuityNET is part of EbixExchange's first-to-market, order-entry platform for annuity transactions. Insurers post their annuity products, associated product rules and forms on the platform where they are incorporated into a Web-based application process and a suitability questionnaire. Currently, AnnuityNet features over 1,600 annuity products from nearly 40 insurance carriers. AnnuityNet supports fixed and variable annuities, immediate, and equity-indexed annuities.
Quoting Engine for Annuity
Ebix creates multi-carrier quoting engines for Term, UL, LTC & Annuity. These engines are sold to the brokerage market. Insurers that are requested by agents are added to the engines at no charge to the insurer. Today these systems are used by many thousands of brokers.
Health & Employee Benefits
Ebix Health, a division of Ebix, is the premier provider of healthcare benefits and claims management software, primarily deployed over the web as a single server, multi-tenant Software as a Service (SaaS) offering. Our customers include many of the nation's largest health insurance carriers who utilize our solutions to serve millions of covered lives.
Ebix Health dedicated to making the job of the healthcare administrator "easier" and "more productive." Our philosophy is based on a direct appreciation for the effort and challenge of creating high performance and sophisticated, user-friendly tools. This philosophy has served as the common factor in the development of the FACTS® product line. With Ebix Health, you can meet all your health claims management needs from a single source - from software systems to hardware options to full-service training, support, and consulting.
Key Ebix Products and Offerings for the Insurers within the Healthcare benefits market:
LuminX
LuminX provides the flexibility you need to manage the full spectrum of health and employee benefits. Each LuminX LX Business Block™ covers a specific line of business and, when combined together, they form a powerful benefits management system. LuminX also offers online benefits enrollment and eligibility; web-based reporting and business intelligence; and fully integrated financial capabilities.
Risk Management
Ebix Offers web-based software and other solutions for Risk Managers, Claims Administrators, TPAs, Healthcare, Carriers and Safety Professionals. These solutions help you make the connection between your processing challenges and our proven RMIS, EDI and Claims solutions.
Key Ebix products and Offerings within the RMIS market:
RiskEnvision
RiskEnvision is a web-based risk management solution designed to assist risk managers, claims administrators, and decision makers in recording, managing, and analyzing information about incidents or claims. RiskEnvision includes modules for workers compensation, GL, auto liability, professional liability (medical), product liability, property, and other lines of coverage.
WCIRS
WCIRS is an internet-based solution that fulfills state regulations for workers' compensation claims submissions. This all-state solution files workers' compensation claims electronically in all EDI-enabled states and provides the ability to print paper forms for all jurisdictions. The system supports multiple report formats, including the most up-to-date IAIABC industry formats for filing workers' compensation claims.
EC Care CM
EC Care CM is a unique managed care tracking tool that allows employers and insurers to monitor the cost and frequency of doctor visits, the results of treatment procedures, and other diagnostics to help patients return to work in a timely manner. The system offers a built-in activity log and supports the entering and tracking of treatments (including certifications), return-to-work and claims information, and other critical case-related information.
