Eraaya Lifespaces Ltd

🚀 Eraaya Lifespaces & Ebix: Powering Brazil’s Digital Insurance Boom

- Eraaya Lifespaces’ subsidiary, Ebix Latin America, onboarded 3 key Brazilian insurers: CNP Seguradora, Icatu Seguros, and Aruana Seguradora.

- CNP Seguradora (170+ years in insurance) partners with Ebix to enhance digital solutions.

- Icatu Seguros (life/pension leader) integrates Ebix’s platform for Group Life Insurance improvements.

- Aruana Seguradora adopts Ebix’s broker platform for RCF-V, APP Insurance, and Surety Bonds.

- Brazil’s insurance sector hit R$600B+ revenue in 2023 (6% of GDP), with 7.3% CAGR projected through 2027.

- Ebix’s Digital New Business Platform processes billions of reais annually, streamlining insurer-broker connectivity.

- Ebix Latin America serves 30+ clients across Brazil, Mexico, and Colombia.

- Revenue mix: 38% insurance products, 35% outsourcing, 27% on-demand projects.

- Eraaya acquired Ebix Inc. USA, a global software/e-commerce leader operating in 75+ countries.

- Ebix specializes in insurance, financial exchanges, travel, and wealth management, with strong Asia presence.