Ebix (News - Alert), Inc. recently announced that its EbixAdvantage product won the 2010 RAVE award in the Property and Casualty Policy category.

 

At the same time, Insuresoft's Diamond received an honorable mention for its contribution.

 

The award was presented by Insurance technology trade publisher Tech Decisions in association with well known insurance analyst firm Novarica.

 

'With all the choices in the insurance IT solution market, having unvarnished feedback in the ACE rankings from current users can only help to guide carriers considering new systems," said Sharon Schwartzman, editor-in-chief of Tech Decisions. "With the RAVE awards, we're pleased to partner with Novarica to inform our readers about the products that customers participating in the rankings are raving about most.'

 

The RAVE Awards recognizes technology solutions that deliver excellent value to their customers. The winners are not selected by the board of experts or an open online poll. Instead, it will be given to solution providers who got the topmost aggregate rankings from a group of existing clients using Novarica's Average Customer Experience and ranking methodology. The ACE ranking by Novarica takes into account customer satisfaction levels impartially across extensive areas. These results help to guide insurers.

 

In a release Christine Denham who is the SVP of Ebix's P&C Division said that 'It is exciting to be recognized by three important constituents that we look up to every day. This award has the unique distinction of being awarded by all three of those to us - our insurance company system customers, a premier insurance analyst firm - Novarica, and a premier insurance trade publication - Tech Decisions.'

 

Ebix's policy administration system got 96% overall satisfaction for the win in P&C Policy Administration System category for the Ebix Advantage System. It is a completely automated and integrated policy administration system intended for insurance carriers of both personal and commercial lines. Customers can implement Ebix Advantage System as a wholly integrated scalable platform that has the ability to satisfy the requirements of any size P&C insurer.

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