SAO PAULO, Brazil and San Francisco, May 27, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Exigen Insurance Solutions® (EIS), a global provider of core systems to insurers, today announced it has expanded its international operations with the creation of a subsidiary company, EIS Group Brasil Solucoes para Seguros Ltda, and the opening of a new office in Sao Paulo. EIS has appointed Viriato Leao as general manager for Latin America to lead the expansion.
EIS provides core processing solutions for policy administration, billing, claims management and customer management that help insurers grow their business and increase operational efficiency. The company's solutions have been adopted by insurers of all sizes, across multiple lines of business, in 6 countries. EIS has large development centers in Eastern Europe, China and the US. The company brings global insurance industry experience and a track record of successful implementations to each project and works in close collaboration with its customers for their success.
Viriato Leao joins EIS to manage operations and lead business development in the Latin America region. Leao has over 25 years' experience in the financial and insurance industries. Prior to joining EIS, he was responsible for sales and business development in Latin America at eBaoTech and previously served as International CIO at Assurant Solutions, and chief architect & CIO for Latin America at Citibank.
"EIS has based its business on providing technically advanced and flexible core systems that meet the present and future needs of general insurers and group and voluntary benefits insurers in several global markets," said Alec Miloslavsky, executive chairman and CEO, EIS. "Our increased presence in Latin America and Brazil in particular, under the experienced leadership of Viriato Leao, will enable us to more directly serve the needs of this growing regional marketplace."
"I am pleased to have this opportunity to bring EIS solutions to the Latin American markets. The end-to-end capabilities of the Exigen Suite and various deployment options, including cloud, will help insurers respond more effectively to the competitive environment and to develop efficient distribution alternatives," said Viriato Leao. "I look forward to working with, and assisting, insurers in the region to meet their business challenges."
About Exigen Insurance Solutions
Exigen Insurance Solutions® (EIS), a global provider of insurance core systems, provides capabilities to insurers that enable growth and help them meet their goals for operational and cost efficiency. Customers deploy our multi-line platform to achieve rapid and scalable solution implementations. The Exigen Suite™ component solutions - PolicyCore™, BillingCore™, ClaimCore™ and CustomerCore™ - offer the industry's most complete end-to-end capabilities, including rating, underwriting, policy administration, claims, billing, distribution management and CRM. EIS is headquartered in San Francisco with offices in the USA, Canada, Europe, China, Japan, Australia and New Zealand.
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