Ebix Annuity Exchange Achieved Record Volumes in 2022
Retrieved on:
Tuesday, February 7, 2023
JOHNS CREEK, Ga., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: Ebix), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced today that it closed 2022 with record volumes on its Annuity Exchange Platform called AnnuityNet4 (AN4).
Key Points:
- JOHNS CREEK, Ga., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: Ebix), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced today that it closed 2022 with record volumes on its Annuity Exchange Platform called AnnuityNet4 (AN4).
- AN4 is the industry’s largest annuity exchange representing roughly 70% of the electronic annuity transactions.
- The exchange connects the industry’s distributors and annuity manufacturers to seamlessly enable end-to-end annuity sales.
- Q4 2022 was the highest ever quarter on record in terms of transaction counts, with November 2022 being the highest ever month on record.