Investment - Articles - Axa Life Invest goes live with Exaxe's Illustrate Plus

 “Today’s announcement is an important milestone, which follows a sixteen week implementation with AXA Life Invest. Illustrate Plus will deliver significant service improvements and cost savings including Straight Through Processing to AXA Life Invest,” commented Philip Naughton.

  

 Illustrate Plus is a highly flexible, web-based illustrations and quotations solution that supports new and existing business across all products for life, pensions, wealth management, group and individual business.

  

 This launch is part of a five year deal involving the implementation of Illustrate Plus across AXA Life Invest’s Irish operations to support its European business.

  

 Tom Lane, Head of IT at AXA Life Invest, commented “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.”

  

 Philip Naughton commented “It is another endorsement that Illustrate Plus is the leader in the market for illustrations and quotations to blue chip companies. We trust that this is a partnership that will grow stronger over the coming years as we help to support AXA Life Invest’s growth and success.”

  

 “We are delighted to be an Irish company signing deals at home and abroad. We continue to recruit to meet our growth objectives. It has been a tough economic climate for all Irish businesses but we are pleased to be in the position to be increasing the workforce and taking on new global clients.”