JAKARTA and SHANGHAI, Aug. 7, 2014 — eBaoTech, a global software provider headquartered in Shanghai, 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 theAsia 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 EastAsia Sales and Marketing of eBaoTech.

Source : eBaoTech, Jakarta Post PRNewswire