Digitalisation of insurance has just got started and not much real change has been achieved. Is talk of digital insurance just another passing fad that will soon be forgotten? eBaoTech’s Dr Woody Mo asks, is the insurance industry destined to be a tech laggard, with a justification that the industry is just different from all others?

EnoviQ and eBaoTech helps Omnicare success in launching a digital health platform in Fiji, to provide medical services to its national and international customers. This digital health platform has all the needed functions for medical service provider, supporting a wide range of Accident and Health (A&H) services including Group & Retail, Trauma care & Emergency as well as a new COVID specific health plan designed for the visitors to Fiji. 

eBaoTech Corporation is proud to share our customer - AXA Gulf completed the digitization of its commercial auto business line powered by InsureMO PaaS, a microservice based digital insurance platform. Following the completed acquisition of AXA's operations in the Gulf region by Gulf Insurance Group (GIG), AXA Gulf is currently in the process of becoming GIG Gulf.

VSure.life (VSure), con sede en Malasia, se convirtió en la primera aseguradora digital de estilo de vida bajo demanda del país aprobada por el regulador de la industria financiera de Malasia, el Banco Central de Malasia (Bank Negara Malaysia). eBaoTech está muy orgulloso de apoyar el lanzamiento del negocio de VSure como socio tecnológico con su solución PaaS, InsureMO^®.

James Tribe, Content Manager for Magellan (Oxbow Partners insurance technology navigator) recently caught up with Tomek Bugajski, VP and General Manager of eBaoTech EMEA. They discussed how eBaoTech, and their middle office PaaS platform InsureMO, is helping clients prepare for the future of insurance.

Trust Insurance Cyprus, a subsidiary of Trust Holding, successfully launched eBaoCloud^® DigitalCore^TM in production for end to end life cycle operations of its general insurance business, replacing a legacy system that has been in use for decades. Since its launch, the new platform has been operating smoothly with strong user satisfaction and operation efficiency boost. 

The collaboration will see Willis Towers Watson's rating engine, Radar Live, integrated with eBaoTech's middle office platform, InsureMO^®, which is designed for open API collaboration. The bundled solution will greatly enhance the capability of insurers, brokers, agents, MGAs and InsurTech startups to handle the overwhelming volume, variation and speed demands of today's digital insurance marketplace. 

On-boarding InsureMO, 88i will immediately get the capabilities to connect to insurance carriers and channel partners and to launch products via API calls, in a much faster and more cost-effective manner. As a containerized platform, InsureMO has rich security and monitoring functions to meet the compliance requirements.