eBaoTech Launches Jakarta Office

JAKARTA and SHANGHAI, Aug. 7, 2014 /PRNewswire/ — 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, Asahi Life, Prudential, Samsung Life 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."

"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 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 accelerates growth for insurers. The company’s end-to-end core system reduces complexity with product standardization and multi-channel management, best practice workflows that streamline operations, connected software for compliance and information consistency, and any user/any device accessibility to improve quality of experience.

With more than 100 installations in over 30 countries at life and property & casualty carriers from AIG to Zhong An, eBaoTech leads the industry in global deployments, enabling "switch on" approaches that speed time-to-market from years to months and empowers business transformation through rapid replacement of legacy systems. Headquartered in Shanghai, eBaoTech has 1,000 employees and a worldwide partner network. www.ebaotech.com.

Contact:

Fiona Zhang
Phone Number: 86 21 6140 7777
Email: fiona.zhang@ebaotech.com

Logo: http://photos.prnasia.com/prnh/20140520/0861403412