Robin Raina, Chairman of the Board, President and Chief Executive Officer of Ebix, Inc, said, "This is a strategic acquisition for us as it places Ebix in a position to power the electronic trading platform for the insurance industry in the UK and Middle East, while providing services on a utilities basis.""Qatarlyst serves over 330 members and facilitates transactions between over 290 different entities drawn from many of the world's largest and most successful blue chip insurance companies and markets in London, continental Europe and Bermuda such as Aon, Lloyd's, Swiss Re, and Munich Re," Robin added. "We are looking forward to working with all the key constituents in London, towards ensuring a market-wide use of this trading exchange through all means including the possibility of a broad based industry driven initiative like Placing Platform Limited."
Qatar Financial Centre Authority Sells Qatarlyst To Ebix Inc.
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