eBaoCloud® InsureMO®

China Continent Insurance Co. launches next generation Core System

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eBaoCloud® InsureMO®, the PaaS offering of eBao Cloud, provides an open API platform of fast innovation and deep connectivity

China Continent Insurance Co., Ltd. recently announced the successful launch of its next-generation Core System developed leveraging eBaoCloud® InsureMO® as middleware. The new core system took much less time to develop due to the maturity and richness of InsureMO which provides all necessary micro services for all mainstream insurance products for sales and service functions.

Features include:

  • More flexible product engine and microservices for insurance sales, service, and claims provided: Based on long experience of insurance core system work in over 30 countries, eBaoCloud InsureMO contains and will continue to add and refine the basic APIs for insurance, to enable the speed and cost expectation of coming digital era
  • All mainstream insurance products supported and bundling enabled: From traditional life, general, and health insurance, to contextual or scenario based micro or even nano insurance products available for fast adjustment and bundling across all “boundaries” that used to be impossible to overcome
  • Cloud native and microservices based: Completely rewritten based on pure play internet and cloud architecture to ensure flexibility on par with world class internet companies to handle massive volume, variation, and velocity
  • Platform as a Service (PaaS): Both as public and private cloud offering, with strong developer support and access management and enablement via eBaoCloud Container and smooth integration to traditional core systems

Mr. Chen Yong, President of CCIC, stated, “The rise of next-generation intelligent technology has had a major impact on global economy, and it is imperative for insurance companies to adapt themselves to these changes. Keeping pace with the times, China Continent Insurance has developed a world-class next-generation core business system to deliver ‘disruptive’ improvements in business efficiency, management capacity and service quality. Going forward, the company will use technology to provide users with improved services, and push forward high-quality development of the insurance market toward win-win results for users, insurance companies, partners and the industry as a whole.”

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West has been driving the business world owing to its developed economies. The leading part of the world is straining to sustain its dominance. However, the other parts of the world, especially Asia Pacific region have been displaying escalating growth in terms of business and technological advancements.

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