Ebix (company)

A long history of designing innovative solutions has earmarked an era of excellence in the history of Ebix. It is committed in its endeavor to answer the ever-increasing needs of Insurance organizations all over the world.

Ebix is a leading international supplier of on-demand infrastructure exchanges to the insurance, financial, and healthcare industries. In the Insurance sector, the Company’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service ("SaaS") enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administrative and risk compliance.

With a "Phygital” strategy that combines 320,000 physical distribution outlets in many Southeast Asian Nations (“ASEAN”) countries, to an Omni-channel online digital platform, the Company’s EbixCash Financial exchange portfolio encompasses leadership in areas of domestic & international money remittance, foreign exchange (Forex), travel, pre-paid & gift cards, utility payments, lending, wealth management etc. in India and other markets. EbixCash’s Forex operations have emerged as a leader in India’s airport Foreign Exchange business with operations in 32 international airports including Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Kolkata, conducting over $4.8 billion in gross transaction value per year. EbixCash’s inward remittance business in India conducts approx. $5 billion gross annual remittance business, confirming its undisputed leadership position in India. EbixCash, through its travel portfolio of Via and Mercury, is also one of Southeast Asia’s leading travel exchanges with over 2,200+ employees, 212,450+ agent network, 25 branches and over 9,800 corporate clients; processing an estimated $2.5 billion in gross merchandise value per year. EbixCash’s technology services Division has emerged as a leader in the areas of lending technology, asset & wealth management technology, travel technology in India; besides having grown its international expanse to Europe, Middle East, Africa and ASEAN countries.

With 50+ offices across Australia, Brazil, Canada, India, New Zealand, Singapore, US and UK, and a market capitalization of approximately $1.6 Billion, Ebix powers multiple exchanges across the world in the field of life, finance, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums annually on its platforms. Through its various SaaS-based software platforms, Ebix employs thousands of insurance and financial technology professionals to provide products, support and consultancy to thousands of customers across six continents.

Ebix's goal is to be the leading powerhouse of insurance and financial transactions in the world. The Company’s technology vision is to focus on the convergence of all channels, processes and entities in a manner such that data seamlessly flows once a data entry has initially been made. Ebix strives to work collaboratively with clients to develop innovative technology strategies and solutions that address specific business challenges and requirements. 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 a recurring revenue base of approximately 80%, Ebix works collaboratively with clients to develop innovative technology strategies and solutions that address their specific business challenges. It combines the newest technologies with its capabilities in consulting, systems design and integration, risk compliance solutions, applications software development and web and application hosting to provide customer specific solutions.

Ebix’s customer base includes hundreds of carriers, a few hundred corporate clients and hundreds of thousands of brokers. Ebix customers include many of the worlds largest and most respected insurance companies as well as a large community of insurance professionals. Targeting a nearly sixty billion-dollar market segment in US alone, Ebix has ample growth opportunities simply by leveraging its existing customer base and outstanding reputation for high-quality services.

Led by a seasoned group of professionals that add up to a few hundred years of executive leadership with fast-growing, successful organizations, Ebix is poised to sustain its leadership and develop an even larger market presence.