NEWS RELEASE: Dublin, Ireland, 11th February 2014.
Exaxe is delighted to announce that it has signed a new contract with an Irish based life assurer which provides investment and retirement protection solutions to clients throughout Europe. The contract will see the insurer replacing its current legacy system with Exaxe’s flagship product Illustrate Plus. When implemented, Illustrate Plus will deliver significant service improvements and cost savings to the insurer.
Illustrate Plus is a highly flexible, web-based illustrations and quotations solution that supports new and existing business across all products for life, pensions, wealth management, group and individual business.
This five year deal involves the implementation of Illustrate Plus across the insurer’s Irish operations to support its European business.
Philip Naughton, Executive Director of Business Development, commented “It is a another endorsement that Illustrate Plus is a leader in the market for illustrations and quotations to blue chip companies for Exaxe go live with this well established company. We trust that this is a partnership that will grow stronger over the coming years as we help to support their growth and success. Work has commenced and the solution will be fully implemented by May 2014.”
“We are thrilled to be an Irish company that is signing deals at home and abroad and we continue to recruit to meet our growth objectives. It has been a tough economic climate for all Irish businesses but we are pleased to be in the position to be increasing the workforce and taking on new global clients.”
Tel: +353 1 2999100
Exaxe®, www.exaxe.com is a specialist solution provider for the Life & Pensions industry.
Established in 1997, it has implemented products and has client reference sites in Ireland the UK and the Netherlands. Exaxe markets best-in-class software solutions in the areas of Illustrations, at-retirement policy administration, and distribution management. Its Service Oriented Architecture and component based design has been key to its success.