Industry experts have been predicting significant growth in the Brazilian insurance market in the next few years. And today, Ebix an international supplier of on-demand software and e-commerce services to the insurance industry, announced that its subsidiary Ebix Latin America reached an agreement with SINCOR-SP (Syndicate of Insurance Brokers of the State of São Paulo) for the implementation and deployment of a multi-quote insurance exchange solution.

According to Ebix, there are about 70,000 brokers in Brazil, of which 40 percent operate in São Paulo and are associated to SINCOR-SP. The solution is the first broker-led initiative in Brazil to promote a New Business Exchange Hub, connecting both insurance brokers and carriers, the company said.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access