June 03, 2010 at 15:02 PM EDT
Premier Insurance Standards Body ACORD Recognizes Ebix with Six Awards

Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced that it accepted six awards from the insurance industry standards association ACORD at an invitation-only Awards Luncheon held last week at the Mandalay Bay Convention Centre, Las Vegas.

ACORD (the Association for Cooperative Operations Research and Development) is a global, nonprofit insurance association that promotes the development and use of standards for the insurance, reinsurance, and related financial services industries.

ACORD presented the following six awards to Ebix:

  • Most actively involved with ACORD – EbixExchange Division
  • Early Adopter XML Transactions – EbixExchange Division
  • Early Adopter eForms - Ebix P&C Division
  • Early Adopter Specialty Lines - Ebix P&C Division
  • Most compelling case study - Ebix P&C Division
  • Download Vendor of the year - Ebix P&C Division

EbixExchange Director of Carrier Product Development, Sandy Hampel, received these wide-ranging awards in recognition of Ebix’s leadership in insurance standards adoption across the world.

About Ebix, Inc.

A leading international supplier of On-Demand software and E-commerce services to the insurance industry, Ebix, Inc., (NASDAQ: EBIX) provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry.

With 30+ offices across Brazil, Singapore, Australia, the US, New Zealand, India and Canada, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of insurance and technology professionals to provide products, support and consultancy to thousands of customers on six continents. Ebix’s focus on quality has enabled it to be awarded Level 5 status of the Carnegie Mellon Software Engineering Institute’s Capability Maturity Model (CMM). Ebix has also earned ISO 9001:2000 certification for both its development and BPO units in India. For more information, visit the Company’s website at www.ebix.com.

Contacts:

Ebix, Inc.
Neil van Helden
678-242-2824
Neil.vanHelden@Ebix.com
or
Aaron Tikkoo, IR
678-281-2027
atikkoo@ebix.com
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