Ebix, Silanis Partner to Provide E-signature Service

Ebix Inc., a supplier of software and e-commerce services to the insurance and financial industries, is partnering with Silanis, an electronic signature solutions company. Silanis will become the preferred e-signature solution within Ebix’s on-demand offerings, representing in excess of $100 billion in insurance premiums annually.

Silanis says the agreement is transactional, whereby EbixExchange will first integrate Silanis’ e-signature solution in the new business application process within the EbixExchange CRM, as well as expand the offering to EbixExchange's AnnuityNet, WinFlex, LifeSpeed and AMP platforms. EbixExchange's CRM subscribers will then be able to complete annuity and insurance new business without the delay of obtaining a paper-based signature from the policyholder.

EbixExchange initially will roll out Silanis e-signatures to its client base, including broker/dealers, banks, clearing firms, captive agents and BGA communities, with plans to expand the offering through other divisions, including P&C, international, health and BPO.