Insurance software vendor Ebix, serving payers in multiple industries, has acquired HealthConnect Systems, a vendor of online insurance exchange software. Terms were not disclosed.
Norwalk, Conn.-based HealthConnect sells private-label Web portals to medical and ancillary health insurers (dental, vision, life, limited medical & gap coverage) for automating quotes, enrollment and renewals. It also operates a multi-carrier network to distribute rate, benefit and physician data, and to provide enrollment connectivity and market intelligence. HealthConnect's exchange processes about 12,000 quote requests daily from 6,700 agents in 19 states, according to the company.
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