This acquisition marks Ebix's entry into the largestproperty-casualty exchange market in the world. Ebix's P&CExchange intends to focus on providing on-demand exchange servicesfor this sector in the United States, while providing end-to-endstraight through processing.
|Connective Technologies has been a provider of Exchangesolutions for the property-casualty insurance industry in the U.S.,specializing in Internet interface solutions for carriers and theiragents. Approximately 60 insurance carriers and their agents todayuse Connective's exchange solutions. The Connective exchange isinterfaced successfully to approximately 40 different brokersystems in the United States.
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