Ebix, Inc. - EBIX

Ebix, Inc, stock ticker EBIX, is the greatest international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a range of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development for all entities involved in the insurance and financial industries. As of December 31, 2010, approximately 71% of Ebix revenues came from on-demand insurance Exchanges. It has operations in Australia, Canada, China, India, Japan, New Zealand, Singapore and Brazil. The Company operates through four main channels: Exchanges, Carrier Systems, Broker Systems and Business Process Outsourcing. In November 2011, the Company acquired the HealthConnect Systems, an online exchange for buyers and sellers of health insurance and employee benefits. Ebix also announced that HealthConnect would be integrated into its EbixHealth Division. Ebix earns alot of cash from their insurance exchanges! These are virtual toll bridges, and they don't require consistent infrastructure costs as a normal toll bridge would require. Their market share continues to grow through organic growth and acquisitions. Recently the company announced a $100 million buyback plan with $28 million already spent this year in buybacks. At current prices around $20.00, this poses as a very lucrative proposition for the long term shareholder! Management is very shareholder friendly and has turned around this company since 1999. Robin Raina, CEO, does believe in truth and honesty in running his company. He owns a lot of his company, does share buybacks, and has mastered acquisitions. Click here to visit EBIX's website, as well as here for their Investor Relations page. Also, check out these articles below. EBIX is an acquisition monster and began paying a dividend on November 10th, 2011. Things are on the up and up for EBIX. Get in now and thank me later. Have a great remainder of the weekend!


Ebix, Inc. Announces Increase to Share Repurchase Program

• Ebix, Inc. Acquires Rio De Janeiro Based Insurance Exchange, USIX Technologies
• Ebix, Inc. To Acquire A.D.A.M., Inc.
• Ebix Inc. To Replace CyberSource Corporation In Dow Jones Internet Indexes

Ebix, Inc. Acquires Online Health Exchange HealthConnect Systems