Name: EbixAdvantage
Author: Ebix

Help Desk

Web and Video Conferencing

Customer Support

Changelog

Mind Mapping

Development

Audit

Business Intelligence (BI)

Calibration Management

Collaboration

Communications Platform as a Service (CPaaS)

Embedded Business Intelligence (BI)

Environmental, Social, and Governance (ESG)

Interactive Voice Response (IVR)

Enterprise

Accounting

Payment Gateway

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Employee Onboarding

HR Management

Payroll

Recruitment Automation

Succession Planning

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Cloud Storage

Data Observability

Desktop Outsourcing

Electronic Data Interchange (EDI)

Fraud Detection

IT Service Management (ITSM)

Industrial IoT

Integrated Development Environment (IDE)

Integration Platform as a Service (iPaaS)

Managed Print

Metadata Management

Network Access Control (NAC)

Network Function Virtualization (NFV)

Network Performance Monitoring

Relational Database Management Systems

Remote Support

Security Awareness Training

Solid State Drives

Static Application Security Testing (SAST)

Traffic Switching

Virtual Private Network (VPN)

VoIP Monitoring

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Business Card Scanning

Content Management

Digital Analytics

Email Management

Email Marketing

Marketing Automation

Marketing Resource Management

Presentation

Real-Time Interaction Management

Social Media Management

Survey & Forms Building

Video Streaming

Web Analytics

Webinar

Marketing

Business Caller ID

Project Management

Professional Services

Customer Relationship Management (CRM)

Lead Generation

Sales Email Tracking

Sales

Certificate Lifecycle Management

Security

Forestry

HIPAA Compliance

Home Health Care

Insurance Agency Management

Vertical-Specific

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EbixAdvantage is a comprehensive and fully integrated enterprise insurance administration system designed specifically for the Property and Casualty industry. According to the vendor, this solution caters to the needs of insurance carriers, agents, brokers, underwriters, and claims adjusters, providing them with advanced functionality for claims processing, policy administration, rating, quoting, and accounting. EbixAdvantage is aimed at businesses of all sizes within the insurance industry, offering a holistic approach to managing insurance operations efficiently and effectively.

## Key Features

**Screen/Process Level Security**: According to the vendor, EbixAdvantage allows for the setup of user types and the definition of access levels for different user types. It enables the assignment of user types to designated users, effectively controlling access to the system.

**Global Program Management**: The vendor states that this feature facilitates insurance product management and provides flexible dialogue definition. It supports distribution channel management and offers comprehensive functionality for broker and contract management.

**Client and Prospect Management**: EbixAdvantage allows for the setup of new clients and provides robust contact management features to effectively manage client and prospect information, according to the vendor.

**Accounting**: The vendor claims that EbixAdvantage includes full general ledger and accounts payable functionality, ensuring seamless financial management throughout the policy, claims, and billing processes.

**Multinational**: According to the vendor, EbixAdvantage supports multicurrency and multilingual capabilities, making it suitable for insurance operations across different countries and regions.

**Quote Management**: The vendor claims that this feature enables the setup of submissions and the generation of quick quotes. It supports quote acceptance and underwriting support, including an automatic rating engine for accurate premium calculation.

**Workflow Management**: EbixAdvantage provides process-integrated workflow management, automating work assignment and tracking, according to the vendor. It offers an active task list and comprehensive audit trail for efficient task management.

**Policy Administration**: According to the vendor, this feature includes comprehensive functionality for policy issuance, policy reference, renewals, endorsements, cancellations, and reinstatements, ensuring streamlined policy management.

**Claims Management**: The vendor claims that EbixAdvantage enables efficient claims management by supporting claims adjuster setup and maintenance. It facilitates claim hierarchy maintenance, instant coverage maintenance, claim update and settlement, and financial processing.

**Reinsurance**: According to the vendor, this feature includes robust functionality for treaty definition, inward and outward reinsurance, retrocession, facultative/treaty placement, and proportional/non-proportional reinsurance. It supports reinsurance accounting with recovery tracking and offers multinational capabilities with multicurrency and multilingual support.

Ebix, headquartered in Johns Creek, offers EbixAdvantage, the company's insurance agency management suite designed to meet the needs of property and casualty insurers.

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Insurance policy administration systems are software designed to help insurance agencies manage policies through their entire lifecycle. Insurance agencies use them to simplify and automate the policy maintenance process. This simplification continues from initial quote to final termination.

Insurance Policy Administration Systems

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TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

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EbixAdvantage

Overview

What is EbixAdvantage?