Ebix News
Willis, Ebix Eye 1,000-Plus Carriers With Launch of Global Electronic Accounting Platform
Willis Group Holdings and Ebix, Inc. are targeting more than 1,000 carriers with a new a global electronic accounting platform designed to help speed cash flow and settle claims more quickly for ...
Insurance Software Maker Ebix Mulls $685M Offer For U.K. Rival
Insurance software provider Ebix Inc. is contemplating a $685 million offer for U.K. rival Xchanging plc. Ebix disclosed on Nov. 16 that it sent a letter to Xchanging's board of directors outlining ...
Ebix Settles IRS Audit Pertaining to Past Acquisitions
Ebix said it has resolved an IRS audit regarding five years of tax returns, and will take a hit on 2014 fourth quarter net income as a result. The Georgia company, which offers software and ...
Insurance Software Maker Ebix Adds Barrington-Backed Board Members
Ebix Inc., a software supplier to the insurance industry, agreed to add two new members to its board of directors after reaching an agreement with activist investor Barington Capital Group LP. Ebix ...
Insurance Tech Firm Ebix Faces Activist Investor Seeking Changes
Ebix Inc., a software supplier to the insurance industry, is being targeted by activist investor Barington Capital Group LP, which is seeking talks to nominate additional board members. Barington ...
Ebix Says Money Laundering Allegations Are False
Ebix Inc. said allegations that it was involved in money laundering were false, after its shares tumbled on a Bloomberg report that federal investigators were reviewing the insurance software maker's ...
Insurance Tech Firm Ebix Is Subject of Money Laundering Allegations
Federal investigators are reviewing Ebix Inc.'s cross-border financial transactions to see whether the Atlanta-based software company engaged in money laundering, according to three people with ...