Ebix Inc.
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Ebix Inc. - overview
Location
Atlanta, GA, US
Primary Industry
Insurance
About
Ebix Inc. is a prominent provider of integrated software solutions specializing in the insurance, financial, and healthcare sectors, delivering key software products that enhance operational efficiency and regulatory compliance. Ebix Inc. offers integrated software solutions for the insurance and financial sectors, with headquarters in Atlanta, US.
The company was co-founded by Cristian Ardelean, Denys Gurak, Greg Poloso, Hassan Khan, Jasneet Sokhi, and Phil Jagger. Its current CEO is Anurag Sharma. Ebix operates globally with offices in strategic locations such as Brazil, Singapore, Australia, the United Kingdom, New Zealand, and India. Ebix, Inc.
is a leading provider of integrated software solutions tailored for the insurance, financial, and healthcare sectors. The company's core offerings include a comprehensive suite of Software as a Service (SaaS) products that cover vital areas such as infrastructure exchanges, carrier systems, agency systems, and risk compliance solutions. These products enable insurance carriers, agencies, and brokers to efficiently manage policies, process claims, and ensure regulatory compliance, thereby streamlining operational workflows and enhancing customer service. With operations across Brazil, Singapore, Australia, the United States, the United Kingdom, New Zealand, and India, Ebix effectively supports a diverse client base that includes thousands of insurance entities and businesses, facilitating transactions involving over USD 100 bn in insurance premiums annually.
The solutions provided by Ebix are designed to address common pain points in the insurance industry, such as improving data accuracy, reducing processing times, and enhancing the overall customer experience. Ebix, Inc. generates revenue primarily through its subscription-based model for its SaaS products, along with fees associated with transaction processing on its platforms. In 2022, the company reported a revenue of USD 1.
05 bn and an EBITDA of USD 145. 42 mn. Ebix engages in B2B transactions, supplying its software solutions to a variety of clients within the insurance industry, including carriers, agencies, and brokers. Revenue is also derived from partnerships with various stakeholders within the industry, enhancing the value provided to clients through integrated services.
Primary Industry
Insurance
Sub Industries
Life Insurance, Commercial Insurance
Website
www.ebix.com
Verticals
E-commerce, InsureTech
Total Amount Raised
Subscriber access only
Ebix Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out | Completed | Ebix Inc.’s Life and Annuity Business | - | ||||||||
| Trade Sale | Completed | Miles Software Solutions Private Limited | - | ||||||||
| Trade Sale | Completed | Indus Software Technologies Pvt. Ltd. | - | ||||||||
| Trade Sale | Completed | Centrum Capital Ltd. | - | ||||||||
| Trade Sale | Completed | Oakstone Publishing | - |
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