Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance and financial industries, today announced a partnership with Communication Intelligence Corporation (“CIC”) (OTCQB: CICI), a leading provider of electronic signature solutions and a recognized leader in biometric signature verification. Ebix also announced the impending integration of CIC’s SignatureOne® Cloud-based electronic signature service into EbixExchange’s AnnuityNet, AMP, LifeSpeed and SmartOffice platforms. The companies are already in the execution phase with a number of EbixExchange’s largest U.S. insurance customers to provide “real” straight through processing by incorporating electronic signatures into EbixExchange’s market leading platforms, thus eliminating their last remaining non-digital process.
“Our first deployment of this combined technology will be applied to one of the largest life insurance and annuity producers in the United States,” stated Dan Delity, Ebix’s Senior Vice President in charge of EbixExchange. “We will be providing an end-to-end solution including EbixCRM, illustrations, product research, electronic applications for life insurance, compliance, suitability, electronic policy delivery and electronic servicing of insurance policies - all with the capability of capturing and verifying both the customer and agent signatures through CIC technology. Through this partnership with CIC, electronic signatures will allow for paper to be replaced by Ebix technology creating the life industry’s first complete end to end electronic process for field agents and advisors.”
“EbixExchange has redefined business processes throughout the entire insurance sales cycle by providing supporting automation through their platforms,” stated William Keiper, CIC’s President. “With the integration of CIC’s electronic signature service, EbixExchange will extend its leadership by offering a single, consistent, process that will drive the virtual elimination of paper-based administration from agent and insurance company procedures, allowing their customers to devote an increasing amount of time to growing their businesses instead of managing outdated and time-consuming processes. This will also shorten the cycle for payment of brokerage commissions for all types of insurance sales.”
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV