Eraaya Lifespaces Limited has announced a significant milestone as its global subsidiary, Ebix Latin America Tecnologia E Consultoria Ltd, successfully onboarded three leading Brazilian insurance companies—CNP Seguradora, Icatu Seguros, and Aruana Seguradora—onto its cutting-edge Digital New Business Platform. This development highlights Ebix’s commitment to driving digital transformation, operational efficiency, and innovation within Brazil’s insurance sector.
CNP Seguradora, a subsidiary of Europe’s CNP Assurances with over two decades of presence in Brazil, is leveraging Ebix’s platform to expand access to digital insurance solutions. The collaboration emphasizes flexibility, security, and enhanced customer experience, enabling brokers and clients to benefit from seamless, technology-driven processes.
Similarly, Icatu Seguros, a market leader among independent life and pension insurers in Brazil, has integrated with Ebix’s platform to enhance its Group Life Insurance offerings. The partnership reflects a shared vision for innovation, automation, and customer-centric insurance solutions, reinforcing Icatu’s commitment to modernizing its digital operations.
Ebix’s alliance with Aruana Seguradora focuses on implementing a robust broker service platform to improve efficiency and accelerate policy sales. Through advanced digital infrastructure, Aruana aims to broaden digital adoption across its diverse insurance offerings, including life insurance, medical coverage, surety bonds, and rental bonds, driving modernization across Brazil’s insurance ecosystem.
Mario Nogueira, Business Head of Ebix Latin America, stated, “These partnerships represent a major step forward in modernizing the insurance marketplace through digital solutions that drive operational excellence and meet the evolving needs of Brazilian families and businesses. This is just the beginning, with more strategic partnerships planned for the future.”
The Brazilian insurance market, which generated revenues exceeding R$600 billion in 2023, is increasingly embracing digital-first business models. With regulatory initiatives such as Open Insurance Brasil promoting interoperability and data sharing, digital transformation has become a central focus for insurers and brokers alike. Ebix’s Digital New Business Platform plays a pivotal role in this evolution, offering scalable, secure, and regulatory-compliant solutions that streamline operations, reduce manual processes, and accelerate policy issuance cycles.
The onboarding of CNP Seguradora, Icatu Seguros, and Aruana Seguradora underscores Ebix Latin America’s growing influence in Brazil’s insurance sector. By providing an agile, multi-product, and technologically advanced infrastructure, the company is set to shape the future of digital insurance in the region, empowering brokers, insurers, and customers with innovative and efficient solutions.
