WEX grows in insurance payment space and Aquarium expands their
product coverage to include streamlined claims payments
SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Jul. 21, 2016--
WEX
Inc. (NYSE: WEX), a leading provider of corporate payment solutions,
today announced a new virtual payments agreement with global insurance
technology provider Aquarium Software. Aquarium specializes in
developing solutions for niche insurance sectors including pet, travel
and gadget. With the agreement in place, WEX is increasing its presence
in the insurance payment space in both Europe and the US; this is the
first insurance for the company’s European entity.
Jim Pratt, SVP and GM for Virtual Payments, WEX Inc., said, “At WEX we
continuously seek new ways to grow and expand our business offerings so
that we can provide our customers with more powerful and effective
solutions. Insurance is a key growth industry for WEX and we are truly
excited about our co-operation with such an established technology
innovator like Aquarium.”
Mark Colonnese, Sales and Marketing Director, Aquarium Software, said,
“As a global leader in dedicated software for the insurance sector,
Aquarium is delighted to be working in partnership with WEX. Aquarium
can now optimize an end to end payment solution which will further
assist not only our pet insurance clients but also pet parents
themselves. In future releases we look forward to using WEX’s virtual
payment gateway across other areas of our niche insurance technology
business.”
Pioneered in 2000, WEX virtual payments are available in all major
international currencies and are used in over 190 countries worldwide
and in more than 45 currencies.
About WEX Inc.
WEX Inc. (NYSE: WEX) is a leading provider of corporate payment
solutions. From its roots in fleet card payments beginning in 1983, WEX
has expanded the scope of its business into a multi-channel provider of
corporate payment solutions representing more than 9 million vehicles
and offering exceptional payment security and control across a wide
spectrum of business sectors. WEX serves a global set of customers and
partners through its operations around the world, with offices in the
United States, Australia, New Zealand, Brazil, the United Kingdom,
Italy, France, Germany, Norway, and Singapore. WEX and its subsidiaries
employ more than 2,000 associates. The Company has been publicly traded
since 2005, and is listed on the New York Stock Exchange under the
ticker symbol “WEX.” For more information, visit www.wexinc.com and
follow WEX on Twitter at @WEXIncNews.
About Aquarium Software
Aquarium Software is a global thought leader and systems integrator of
software solutions designed to evolve with any business. Currently
implemented by a number of key insurers and affinity partners in the UK,
Europe, USA and Canada, Aquarium Software was the first developer in the
UK to truly create a cloud based technology platform that is easily
maintainable and infinitely adaptable. When it comes to integrating
data, automating process and producing intelligent management
information, there’s no one better equipped than Aquarium.
For further information, contact Aquarium Software on +44 (0)161 927
5620 or visit www.aquarium-software.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20160721005228/en/
Source: WEX Inc.
WEX Inc.
News media contact:
Robert Gould, 207-523-7429
Robert.Gould@wexinc.com
or
WEX
Europe
News media contact:
Riina Sulonen, +44 208 080
9336
Riina.Sulonen@wexeurope.com
or
Aquarium
Software
News media contact:
BeyondPR
Jon Gardner,
+44 (0)114 275 6996
jon.gardner@beyondpr.co.uk