eBaoTech has expanded its global alliances to drive transformation projects for insurance clients. The new partnership with iTree focuses on enabling its new partner to implement and maintain eBaoTech products for insurers in Eastern Europe, South Africa and selected other markets.

iTree, with its Head Office in Vilnius, Lithuania, will leverage its extensive insurance expertise in markets like Russia, Eastern Europe, Baltics and South Africa to jointly address these strategic markets with a complete implementation offering centered around eBaoTech products, with an initial focus on General Insurance.

“eBaoTech’s solutions are of a particular interest to our clients because of their broad functionality and modern architecture, which allows us to address our customers’ needs efficiently. This, together with eBaoTech’s responsiveness to their clients’ needs makes our partnership with eBaoTech a clear benefit both to our clients and to ourselves,” said Mantas Buta , Board Member, iTree.

“iTree has a deep understanding of the insurance industry in markets like Russia and South Africa, and clearly shares our vision to create a new global standard for core policy administration systems using modern technologies and innovative business models. We are proud to work with iTree to accomplish this vision over the next few years,” said Daniel Adamec, Managing Director, eBaoTech Corporation, who is also responsible for global Alliances.

About eBaoTech
eBaoTech delivers standard-based, highly configurable insurance software suites to both property and casualty (P&C) and life insurers. Its future-proof product offerings enable insurers to realize the cost-effective, scalable, flexible and highly automated insurance operations in the ever changing environment. With offices in nearly ten countries across Europe, Asia and the Americas, eBaoTech has an extensive global coverage to serve leading insurance companies. For more information, visit ebaotech.com or contact eBaoTech at info@ebaotech.com.

About iTree
iTree has extensive and successful experience in providing IT service to the insurance industry in the Baltic, Russia, Eastern Europe and South Africa. Through the combination of its local knowledge, industry expertise and through its business practices it seeks to be a valuable long-term partner to its clients, rather than simply a solution provider. iTree understands that the ability to provide true and measurable business value will be a prerequisite for IT service companies of the future and stays ahead of the curve by making this the core tenet of its business practice. For more information, visit www.itreefinance.com or contact info@itreefinance.com.