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(From InsuranceNewslink.com)
Mastek has announced the launch of Elixir Distribution Management (EDM), its next generation distribution management solution for life and annuity insurance carriers. A primary component of the Elixir suite of products, the company's flagship line for the insurance industry, EDM is a standalone system that allows an insurance carrier to manage the entire distribution landscape.
R Sundar, founder director of Mastek and head of Insurance said "This enhanced offering is an extension of our very successful Elixir Channel Management Solution. New customers will benefit from the company's continuous investment in the research and development and best practices from the insurance community."
According to Harold Apple, svp, MajescoMastek, the US subsidiary of Mastek Ltd "This is a proven solution which has been successfully implemented in six countries by 11 global insurance companies with more than 15 million policies and 300,000 producers worldwide. This product strengthens our ...