AXA Life Invest has gone live with a new illustration software package supplied by Exaxe in a five-year deal.
The system, called Illustrate Plus, is a web-based illustration and quotation solution that will support investment products across all of AXA Life’s business divisions throughout Ireland and the rest of Europe.
Tom Lane, head of IT at AXA Life Invest, explained: “We took the decision to seek out a replacement illustration capability as our current system was constraining our ability to innovate and to launch new products to a rapidly changing market. With the help of Exaxe and its solution Illustrate Plus, we now have a system which removes these concerns and supports future planned business growth.”
Executive director for business development at Exaxe, Philip Naughton, added: “Today’s announcement is an important milestone, which follows a 16-week implementation with AXA Life Invest. Illustrate Plus will deliver significant service improvements and cost savings including straight-through processing to AXA Life Invest.”
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