ACE Life Insurance (using eBaoTech LifeSystem Suite in 9 countries)
ACE General Insurance (Japan)
ACE Group is a leader in the global insurance and reinsurance markets, with a presence in more than 50 countries and over 16 Billion USD in premiums worldwide, headquartered in the US.
ACE Life Insurance has chosen eBaoTech as the global provider of life insurance core policy administration platforms. To date, eBaoTech LifeSystem Suite has been implemented in ACE Life’s operations in China, Vietnam, Taiwan, Egypt, UAE, Thailand, Indonesia, Mexico and Brazil. ACE Life has also selected eBaoTech GroupLife Suite for their new group insurance business in Brazil and Mexico.
- Rapid and highly successful greenfield rollouts across several countries in Asia, the Middle East and Latin America
- Global licensing and implementation schedule
In Japan, ACE General Insurance has 90 years of experience through its acquired companies, the longest among all foreign insurers in Japan. ACE Japan had net premiums of 18.6 billion yen in fiscal 2011.
ACE Japan selected eBaoTech GeneralSystem as the core policy administration system for its new agency system to be used by independent agencies. The new agency system provides quotation, new business, endorsement and renewal functions, agency client management functionality for agencies, and the interface to the back-end policy administration system. The project went live in July 2011.
- Agency business supported
- eBaoTech’s first general insurance implementation in Japan