Leading insurance software provider further expands its presence in South East Asia

Jakarta, Shanghai – August 7, 2014, eBaoTech, a global software provider to the life and property & casualty insurance industry, announced today the opening of its new office in Jakarta. The Jakarta office will support customers in Indonesia such as AIG, ACE Life, Avrist, Great Eastern Life, Hanwha Life, Sequis Life, and WanaArtha Life as well as provide software implementation and deployment services to regional insurance clients.

eBaoTech serves multinational and local insures of all sizes, across all lines of business in more than 30 countries globally. In the Asia Pacific region, eBaoTech is proud to include these leading insurers among its customers: ACE APAC, AIG APAC, Ageas, Prudential, Samsung Life, Great Eastern Life, MSIG, NTUC Income, among others.

Woody Mo, CEO and President of eBaoTech commented, “The Indonesia insurance market is growing rapidly and has benefited from a strong economy and increasing population. However, many insurers are still using Cobol-based systems or in-house developed policy administration systems, which hinder their ability to quickly react to market needs in the time of Big Data, Big Policy and Big Channel.”

“eBaoTech’s modern and productized PAS brings added value to customers, is more reliable and efficient than custom-developed policy administration system projects and in the long term reduces the total cost of ownership. eBaoTech has a network of global and local system Integrators and consulting firms in Indonesia, to serve the Indonesian Insurance market,” added by Lawrence Choe, Vice President of South East Asia Sales and Marketing of eBaoTech.

eBaoTech’s Jakarta office is located in World Trade Centre 5, Jl. Jendral Sudirman Kav. 29-31 and can be reached at +62 21 2598 5000 or +62 21 2598 5237. For more information about eBaoTech’s Indonesia office, please email to info@ebaotech.com.

About eBaoTech

eBaoTech is an award-winning, global leader in core insurance software by delivering significant business values to our customers worldwide from both life and property and casualty (or general) carriers.

eBaoTech’s mission is to “make insurance easy”; by making insurance faster, better and cost-effective for all parties in the eco-system. With more than 130 installations in 32 countries, eBaoTech leads the industry in global deployments. Our “Rapid Customer Success” approach enables customers to accelerate time-to-market from years to months and empower business transformation through rapid replacement of legacy systems.
www.ebaotech.com.