Exaxe, an Irish-headquartered SaaS software solutions provider for the life and pensions industry, has signed an enterprise agreement with Irish-owned life assurance company, Acorn Life DAC.

The agreement involves Exaxe’s Illustrate Plus platform. It means Acorn Life DAC will replace its current needs-analysis and point of sale system with Exaxe’s online and offline ePOS (electronic point of sale) solution to support advisers providing personalised recommendations for their clients through traditional and online methods, both with straight through processing.

Philip Naughton, Exaxe’s executive director for business development, said: “This contract coupled with our further expansion in Europe is a terrific opportunity for Exaxe to create new jobs in Ireland, and we will be announcing further positions shortly.”