All these packages are developed using web technology and are easy to use and implement. They are all fully Java based, N-tier and customer-centric insurance administration systems.
As a comprehensive suite for end-to-end operation and management of general insurance (P&C) business, eBaoTech GeneralSystem has been installed in 20 operations in 10 countries worldwide.
Supported products: All mainstream personal and commercial line insurance products are supported, including motor, home, accident and health, property, liability, marine and bond. Given the flexible product structure, product bundles can also be easily configured;
Supported channels: GeneralSystem enables selling and servicing in multiple channels such as agent and broker, bank, call center, internet, and easily integrates to other external channel solutions through services offered by eBaoTech Enterprise Service Bus;
End to end functions: GeneralSystem truly covers the entire lifecycle of general insurance operations, including quotation and new business submission, underwriting, policy issuance, endorsement and service, renewal, claims, reinsurance, billing, collection and payment, sales and marketing management, customer management, and many supporting functions, e.g., reporting and document management;
Flexibility: Based on eBaoTech Insurance Common Platform (iCP) which includes a rating engine, a formula engine, a workflow engine and a web page editor, eBaoTech GeneralSystem is highly configurable and flexible, enabling fast launches of products, rule and process changes;
Customer and distributor portals: Based on integrated portals, eBaoTech GeneralSystem enables customers and distributors to do their business anywhere, anytime and anyhow through a configurable front end;
Automation and remote collaboration: Given its web-based nature with zero client-side installation, GeneralSystem enables a high degree of automation and easy support for remote collaboration or centralization to reduce operation cost and optimize resource utilization.
KEY BENEFITS
eBaoTech GeneralSystem is able to deliver significant and immediate benefits to general insurers by reducing hardware cost, maintenance and operations expenditure, as well as improving service quality and reducing time to market.
Substantially lower operation cost
Significantly improve customer service
Drastically reduce time to market for product launch
Ease of future system enhancement and maintenance with strong support
HP releases successful benchmark testing report on eBaoTech GeneralSystem V3.1.2
June 24, 2009
eBaoTech obtained another benchmarking certification of its GeneralSystem V3.1.2, this time from the Capacity Planning Center of Hewlett Packard in Seoul, Korea.
The objective of benchmark test was to simulate a real business scenario running on GeneralSystem V3.1.2 using HP hardware in the areas of New Business, Claims and Finance modules for general (property and casualty) insurance business, representing 5.3 million policies and more than 4.5 million customers in the database. The test confirmed that eBaoTech GeneralSystem can support up to 5,000 concurrent users with an hourly throughput of 10,000 plus policies and over 2,000 claims per hour. An average online transaction was executed in less than one and half second response time on average.
This test result proves eBaoTech GeneralSystem meets the processing requirements of even the largest insurers and is one of the most robust general insurance applications worldwide.
IBM releases a benchmark testing report on eBaoTech GeneralSystem
January 10, 2007
eBaoTech and IBM India worked together on a benchmark testing on eBaoTech GeneralSystem in 2006. The final performance and scalability benchmark test report is released today.
eBaoTech tested the system over a two-week period at IBM System Solution Centre in Bangalore, India. The benchmark simulated real-life scenarios in both personal and commercial business, representing 15 million policies and more than one terabytes of data. The system can support up to 1,000 con-current users performing more than 34,000 business transactions per hour. Each transaction was executed within less than a two-second response time. This benchmark was performed on IBM eServer pSeries and IBM TotalStorage.
The benchmark test confirms that eBaoTech GeneralSystem is one of the most powerful and robust general insurance (property and casualty) applications in the world. eBaoTech GeneralSystem can meet the processing requirement of the largest Insurance companies.
HP releases successful benchmark testing report on eBaoTech GeneralSystem V3.1.2