Eraaya Lifespaces Ltd — Important, 05-09-2025: Company Update

Eraaya Lifespaces' Indian subsidiary, Ebix Technologies, secured a strategic insurance mandate from Allianz-backed GT Insurance in Australia. GT Insurance launched its new Heavy Motor Transport Package on Ebix Australia's Sunrise Exchange platform, significantly expanding its digital distribution. This partnership builds on prior successful integrations and has already generated positive revenues under a multi-year agreement. The engagement reinforces Ebix Australia's leadership in digital insurance infrastructure within Australia's general insurance sector, which recorded AUD 68 billion in gross written premiums in 2024, aligning with Eraaya's focus on technology-driven value and strategic client growth.