Ebix Consulting Honored With Multiple Awards at ACORD2015
November 10 2015 - 7:30AM
Ebix Consulting for Life & Annuity Insurance (formerly known as
VERTEX, Inc), based in New Britain, Connecticut has been honored by
the Association for Cooperative Operations Research and Development
(ACORD) with distinction for both their Industry Leadership and
their award-winning VTXml Product Suite. This is the 11th year
in a row in which Ebix Consulting has been presented with an award
exemplifying their dedication to the ACORD standards.
The core of ACORD2015 is three days of knowledge
with deep dives into ACORD Standards and Architecture, continuing
education and professional development, and the latest on the
technology and business horizons.
Pam Simonds of Ebix Consulting was presented
with the Leadership award for her consistent commitment to the
ACORD organization. Specifically, Pam has co-chaired the ACORD
Forms working groups, actively participated in ACORD and IRI
working groups, and helped develop the standards that meet the
needs of Ebix Consulting clients and the industry.
The Case Study award is in recognition of the
Ebix Consulting VTXml Product Suite. The product suite
facilitates ACORD transactions for the insurance industry. VTXml is
the most widely used tool in the industry for the creation and
publication of insurance product definitions using established
industry standards like ACORD's PPfA and PPfL data models.
Using these ACORD XML messaging standards offers
clear advantages for insurance companies. The product effectively
meets the challenge of getting product information into the latest
version of ACORD. VTXml offers an intuitive, secure,
business-centric solution that allows users to create product
definitions once and then create valid ACORD XML transactions in
any version desired with the click of a button. The XML generator
built into the software ensures data integrity between versions and
saves time and effort.
“Ebix Consulting’s continued leadership,
valuable participation and implementation of the latest ACORD
Standard demonstrates their dedication and commitment to
streamlining and simplifying this industry,” said Sandy Hampel,
ACORD Director of Life & Annuity Implementations. “We
congratulate them on these 2015 ACORD Awards.”
For further information about Ebix Consulting
and their product offerings, please
contact sales@ebixconsulting.com.
About Ebix Consulting
Ebix Consulting, an Ebix company (NASDAQ:EBIX),
is a full service professional services firm providing product and
services specific to Life, Annuity and Property Casualty Insurance.
Ebix Consulting works closely with ACORD to enhance their data
standards, proctor their ACORD Certification Expert program, and
support many insurance carriers in their implementation and
maintenance of the ACORD data model and transactions.
About Ebix, Inc.
A leading international supplier of On-Demand
software and E-commerce services to the insurance, financial and
healthcare industries, Ebix, Inc., (NASDAQ: EBIX) provides
end-to-end solutions ranging from infrastructure exchanges, carrier
systems, agency systems and risk compliance solutions to custom
software development for all entities involved in the insurance
industry.
With 40+ offices across Brazil, Singapore,
Australia, the US, UK, 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. For more information, visit the Company's website at
www.ebix.com
About ACORD
ACORD (Association for Cooperative Operations
Research and Development), founded in 1970, is a global, nonprofit
organization serving the insurance and related industries. ACORD
facilitates fast, accurate data exchange and more efficient
workflows through the development of electronic standards,
standardized forms, and tools to support their use.
ACORD members worldwide include hundreds of
insurance and reinsurance companies, agents and brokers, software
providers, financial services organizations and industry
associations. ACORD also presents events, videos, research papers
and seminars on current technology and business topics. ACORD
maintains offices in New York and London. For more
information please visit www.acord.org.
CONTACT:
Aaron Tikkoo
678 -281-2027 or atikkoo@ebix.com
David Collins, Tanya Kamatu or Chris Eddy
Catalyst Global - 212-924-9800 or ebix@catalyst-ir.com
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