Zinnia To Acquire Ebix Inc.’S Life And Annuity Software Assets, Continuing Its Mission To Deliver Solutions That Simplify Insurance And Power Industry...
Summary
(MENAFN- Caribbean News Global) Provides continuity and stability for the life and annuity ecosystem Plans to further invest in the assets to elevate the experience for carriers, advisors, and consumers GREENWICH, Conn.–(BUSINESS WIRE)–Zinnia Corporate Holdings (“Zinnia” or“the Company”), an Eldridge business and leading life and annuity insurance technology services company, today announced it will acquire the Life and Annuity Assets (the“L&A Assets”) of Ebix, Inc. (“Ebix”), a supplier of software solutions. The L&A assets will further position Zinnia as a partner of choice in the life and annuity industry, expanding its offerings with insurance focused CRM & agency management, market-leading research, quoting, illustration, and order entry tools, and a comprehensive underwriting platform, which will simplify experiences for advisors and their clients. Upon closing, Zinnia will expand its offerings with the addition of SmartOffice, Vital Sales Suite, Winflex, AnnuityNet, LifeSpeed, TPP (The Policy Processor), as well as products and services provided by the consulting organization. With more than $128 billion of annuity premiums and over 20 million quotes, illustrations, and applications for life insurance each year, the L&A division serves as the premier platform supporting the end-to-end sales lifecycle. The post Zinnia to Acquire Ebix Inc.s Life and Annuity Software Assets, Continuing Its Mission to Deliver Solutions that Simplify Insurance and Power Industry Growth appeared first on Caribbean News Global .