Eraaya Lifespaces Limited has announced a significant development for its Indian flagship subsidiary, Ebix Technologies Limited (formerly EbixCash Limited). The company has secured a strategic insurance mandate from GT Insurance in Australia, marking a notable expansion in its global digital enablement journey.

Key Highlights of the Partnership

• Strategic Engagement: Ebix Technologies, through its step-down subsidiary Ebix Australia Pty. Ltd., has partnered with GT Insurance, a specialist transport underwriter and a wholly owned entity of Allianz Australia Insurance Ltd.

• Product Launch: GT Insurance has launched its latest Heavy Motor Transport Package on Sunrise Exchange, Australia's premier B2B electronic insurance distribution platform operated by Ebix Australia.

• Expanded Offerings: This launch builds upon the successful integration of GT Insurance's Marine Cargo and Carriers products on the same platform.

• Multi-Year Agreement: The engagement is underpinned by a multi-year agreement.

Impact on Digital Distribution

The partnership significantly strengthens GT Insurance's reach across Australia's broker ecosystem by digitizing its flagship offerings via Sunrise Exchange. This platform is recognized as the industry benchmark for B2B insurance transactions in Australia.

Sunrise Exchange: A Cornerstone Platform

Sunrise Exchange, a key component of Ebix Australia's portfolio, facilitates seamless transactions for over 775 broking firms monthly. It enables straight-through processing between insurers and intermediaries, significantly reducing friction and manual intervention in insurance transactions.

Market Context

Australia's general insurance sector recorded approximately AUD 68.00 billion in gross written premiums (GWP), with digital transformation emerging as a dominant theme across the value chain. The newly launched Transport Package is designed to address the evolving risk landscape in the freight and logistics sector, which is projected to grow at a 4.50% CAGR.

Leadership Commentary

Ben Briscoe, General Manager – Sales, Underwriting & Technical Services at GT Insurance, emphasized the importance of expanding their presence on Sunrise Exchange to better serve the transport industry with fit-for-purpose solutions.

Philip Fourie, Managing Director of Ebix Australia, expressed honor in supporting GT Insurance's continued digital journey, reaffirming their focus on delivering scale, efficiency, and innovation across the insurance value chain.

Ashish Jaitly, Whole Time Director of Ebix Technologies Limited, highlighted the alignment of this engagement with their vision of empowering insurers through transformative technology.

Strategic Priorities and Future Outlook

This engagement marks another significant milestone in Eraaya Lifespaces' global digital enablement journey. As the insurance ecosystem increasingly embraces platform-based models, the company continues to deliver sustainable, technology-driven value across established and emerging markets.

With Eraaya's revitalized leadership framework guiding Ebix Inc. and its global subsidiaries, the group is focusing on enhancing digital operating leverage, expanding strategic client relationships, and strengthening its presence in high-impact verticals such as insurance, financial services, and digital commerce infrastructure.

The Eraaya–Ebix ecosystem is strategically positioned to unlock new value streams, explore untapped market opportunities, and support its stakeholders through long-term, scalable digital solutions on a global scale.

This strategic partnership between Ebix Technologies and GT Insurance Australia represents a significant step forward in the digital transformation of the insurance industry, leveraging technology to streamline processes and improve service delivery in the Australian market.

Eraaya Lifespaces Limited , a leading lifestyle and hospitality company, has announced a significant milestone for its flagship payments and forex arm, EbixCash World Money. The company has opened its 100th branch in the spiritually significant city of Tiruvannamalai, Tamil Nadu, marking a pivotal moment in its expansion strategy.

Expanding Footprint in Tier 2 and Tier 3 Cities

The new branch in Tiruvannamalai represents EbixCash World Money's commitment to extending its services beyond major metropolitan areas. This strategic move aligns with the company's vision to tap into the growth potential of smaller cities and towns across India.

Comprehensive Forex Services

The Tiruvannamalai branch will offer a wide range of services catering to various customer segments:

• Currency exchange
• Outward remittances
• Prepaid forex cards
• International travel currency solutions

These services are designed to meet the needs of international travelers, students pursuing education abroad, corporates, and SMEs.

Impressive Network Growth

With this latest addition, EbixCash World Money has significantly expanded its presence across India:

• 100 branches spanning 77 cities
• Presence in 24 international airports
• Over 250 franchise and duty-free locations
• Partnerships with 27 major banks
• Operations in more than 16 international airports and 12 major seaports

Leadership Perspective

T.C. Guruprasad, CEO and Managing Director – Payment Solutions at EbixCash, emphasized the significance of this milestone:

"Crossing the 100-branch milestone is more than a number — it's a testament to the trust of millions and the resilience of our teams. Tiruvannamalai, with its spiritual gravitas and growing commercial pulse, is the perfect place to mark this achievement."

Community Recognition

The inauguration ceremony was graced by Mr. V. Satish Kumar (IPS), Assistant Superintendent of Police, Tiruvannamalai Town. He commended EbixCash World Money's commitment to combining a robust physical network with cutting-edge technology, bringing convenience and financial empowerment to emerging markets like Tiruvannamalai.

About Eraaya Lifescapes Limited

Eraaya Lifescapes is a cutting-edge lifestyle and hospitality company that blends luxury, innovation, and technology to create immersive experiences worldwide. The company has recently expanded its portfolio through the strategic acquisition of Ebix Inc. USA and its global subsidiaries, positioning itself as a leader in software and e-commerce solutions across various industries.

As Eraaya Lifescapes continues to innovate and expand its services, the opening of EbixCash World Money's 100th branch in Tiruvannamalai stands as a testament to the company's commitment to growth and its vision of blending traditional services with digital innovation in the foreign exchange and cross-border remittance landscape.