'AAA Mid-Atlantic Inc. (AAA) and Ebix, Inc. (Nasdaq:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced that AAA has successfully adopted Ebix's SaaS based agency management system EbixASP.EbixASP is an On-Demand Agency Management system specifically designed to handle the property and casualty operations of small to large size agencies and brokerage houses in the United States. The system provides a comprehensive set of insurance-specific, automation solutions for independent agencies, brokerages, managing general agencies, insurance wholesalers and excess/surplus lines brokers. With functions ranging from sales administration, policy management, underwriting, claims administration, a detailed general ledger accounting system to an exhaustive collection and payment system, EbixASP automates the front and back end systems across multiple geographies & departments while exchanging data with insurance carriers in an intelligent bidirectional manner, on an anytime, anyplace, anywhere basis.Lou Pisano, Managing Director of Insurance Agency Operations for AAA Mid-Atlantic said, "With ultimately more than 250 users, this was a complex project involving our end-to-end operations. We are very pleased with the timely and efficient manner in which Ebix handled the project from understanding our needs, system study, design, conceptualization, customization, data conversion and finally getting us in production. We are excited to be taking this technology leap forward in terms of having implemented EbixASP - a cutting edge SaaS based system, targeted at driving large efficiency gains across our organization."Robin Raina, President & CEO, Ebix, Inc. said, "AAA is a highly respected brand in the United States and strives to be world-class in how it runs its business. AAA's top priority is servicing their members. We are honored to have been selected by AAA Mid-Atlantic as their policy administration system vendor." 'http://investing.schwab.com/public/schwab/investing/investme...-------------MDP Home Fool
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