Insurance technology specialist Ebix has posted a 25% rise in second-quarter net income to $US29.2 million ($40.3 million).

Revenue jumped 43% to $US124.6 million ($171 million) as the exchanges channel, which made up 82% of income in the period, increased earnings by 68% to $US101.6 million ($139.4 million).

In Australia Ebix operates insurance industry transaction platforms like Sunrise Exchange as well as intermediary systems used by most brokers.

The global operation’s risk compliance solutions revenue fell 16% to $US19 million ($26.2 million), carrier systems declined 55% to $US342,000 ($469,319) and broker solutions gained 3% to $US3.7 million ($5 million).

“These results are significant, because they do not include revenues from our recent acquisition of Indus, Mercury and Leisure Corp, and also exclude the full effect of acquisition synergies,” CEO Robin Raina said.

“As those synergistic initiatives take full effect over the next six months, our operating margins are expected to inch up.”