eBaoTech's packaged solutions take away the complexity that comes with managing the operations of insurance business, giving insurers more time and resources to devote to their core activities of selling insurance.
All these packages are developed using web technology and are easy to use and implement. They are all fully Java based, three-tier and customer-centric insurance administration systems.
eBaoTech LifeClaim is an online collaboration software for life insurance claim processing and management. It leverages internet to connect all parties to work together on life insurance claim, improving claim result by responding faster to business change, reducing costs, and improving customer satisfactions. Products Supported: Traditional life-whole life, endowment, term, decreasing/increasing term;
Investment-investment linked product, universal life;
Accident & health-accident, complex medical with deductible copayment and multiple layer limits, long term care;
Annuity;
Riders-term, accident, hospitalization, long term care, medical, major medical; Functionality Supported: registration, acceptance, evaluation, approval, escalation, copy case, release case, cancel case, check list, payment schedule for multiple payees, automatic settlement of loan, overdue premium and deposit.
KEY BENEFITS
Respond faster to business change: eBaoTech LifeClaim is integrated with formula management system and rule management system to provide flexibility for the changing business requirement. New formulas and rules can be launched in a few days by non-IT staff without any computer programming change.
Reduce costs: eBaoTech LifeClaim provides centralized processing, remote collaboration and automated processes to drive down operation costs. Java technology, platform independence, SOA and high scalability drive down hardware costs.
Improve customer satisfaction: eBaoTech LifeClaim enables insurance companies to provide better services for customers by supporting multiple policies claimed under the same claim case of one life assured, reducing cycle time, providing real-time notifications via mobile phone text message and so on.
