SYDNEY and SHANGHAI, Sept. 12, 2016 /PRNewswire/ -- eBaoTech, the leading global digital insurance solution provider for the life and the property & casualty (general) insurance industries, today announced Tego will implement Collaborus Cloud, a full lifecycle insurance distribution and policy processing platform. This becomes the second installation of Collaborus Cloud within three months after US-based AmFed, highlighting the product's strong capabilities and advantages with cloud approach to enable rapid customer success in fast changing digital age.
Tego is an underwriting agency specialising in the healthcare sector providing doctors with a new choice in medical indemnity insurance, supported by a technically strong underwriting and claims handling team. As a recent start up in Australia, Tego wishes to significantly expand their business via distribution to brokers and was looking for a robust and agile system as the backbone to support their growth strategy.
Eric Lowenstein, CEO of Tego, commented, "As a new market entrant unencumbered by legacy, we had the opportunity to think differently and we aim to be highly responsive to the needs of doctors to bring a new and different perspective to risk selection, pricing, claims and cover. We were impressed by the strong capabilities and flexibility of Collaborus Cloud which allows full policy lifecycle for brokers, internal insurance processing staff and underwriters. The Cloud approach and out-of-box iform functions will enable us to provide an integrated application form on our website and quickly expand our business."
"We are delighted to be selected by Tego as their software partner to support their expansion in Australia. We believe our digital insurance distribution platform will quickly deliver business values to insurance carriers, underwriters and brokers, especially to those start-ups and underwriting agency firms. We look forward to assisting Tego in achieving the maximum effect and promise of Collabrous Cloud," said Ken Slevin, GM of Collaborus Business Unit and Corporate VP, eBaoTech.
Collaborus is a global digital insurance platform, providing multi-lingual (real time language switch) and multi-currency capability that also allows country level product configuration.
Insurance carriers such as AIG in nearly 10 countries and US-based AmFed are leveraging eBaoTech Collaborus to quickly roll new products and further optimize their operation processes. For more product information and updates within Australia, please email Thomas.martin@ebaotech.com or info@ebaotech.com and follow us at LinkedIn and Twitter.
About Tego
Tego offers medical indemnity insurance for doctors using the expertise of their own insurance broker bringing additional choice, flexibility and financial security to Australian doctors. Tego's products include professional indemnity insurance for individual medical practitioners, medical centres and day clinics. www.tego.com.au.
About eBaoTech
eBaoTech's mission is to "make insurance easy". With more than 150 installations in more than 30 countries, eBaoTech is one of the global leaders in insurance technology. From its inception in 2000, eBaoTech has been an innovation leader at the intersection of insurance and internet. eBaoTech offers world leading insurance software solutions for both life and general insurances. eBaoTech's hallmark is "Rapid Customer Success" (RCS), with a strong focus on delivering business value to its customers fast. Digital insurance is the central theme in the coming years and eBaoTech is well positioned to be a global leading partner for insurance industry to move to the digital age. For more information, please visit www.ebaotech.com.
