eBaoTech, a global leading digital insurance solution provider, recently announced that ERGO Insurance Pte Ltd in Singapore (ERGO Singapore) deployed eBaoTech's microservices and cloud-native based 4G insurance platform and will use it as its policy administration system for individual and commercial Motor. The new platform will provide strong enablement to support ERGO Singapore’s distribution channels, including agents and brokers.

ERGO Group, the primary insurance arm of Munich Re, entered the Singapore market in 2014, and was looking in 2015 for a new end-to-end insurance core system to improve its operational efficiency and to support its digital and customer centric strategies. After prudent evaluations, ERGO Singapore decided to adopt eBaoTech’s GeneralSystem Suite. The new platform is based on a microservices and cloud-native architecture and therefore could enable rapid product launch and channel integration in the digital age.

“We need to conduct our business much faster as today’s customer expects a quick response and immediate product delivery in the form of a policy, and of course a very speedy claims payment," said Karl-Heinz Jung, CEO of ERGO Singapore.

“We are very proud to have ERGO Singapore as one of our first clients adopting eBaoTech’s 4G insurance platform in SEA region. Our 4G insurance platform is designed for open API collaborations in digital age and API economy. It now becomes a proven solution and has been successfully implemented by many insurers across Asia and Middle East regions. We look forward to working with ERGO Singapore to make its products and services more accessible and friendly to the customers,” Dr. Woody Mo, CEO of eBaoTech Corporation added.

About eBaoTech
eBaoTech is a digital solution provider to the global insurance industry and our mission is to "make insurance easy". We do business in more than 30 countries globally, serving over 200 carriers and numerous agents, brokers, InsurTech's and others in the insurance ecosystem. Digital insurance is the coming wave and the insurance industry is moving into the API economy. eBaoTech provides solutions and services that enable digital insurance.

eBaoTech has been dedicated to insurtech innovation since its founding in 2000. In 2001, eBaoTech developed world's first browser/server based insurance core system suite, leading the advent and adoption of Java-based 3G insurance IT. In 2015 eBaoTech launched the world's first distributed, cloud-native and microservices based 4G insurance platform, that provides a complete set of insurance APIs across an insurance policy's full lifecycle. eBaoTech offers a cloud based solution that enables digital insurance and enterprise level core system insurance software. We make insurance easy. More information, please visit www.ebaotech.com.