China Continent Insurance Partners With eBaoTech

eBaoTech, a global leading digital insurance solution provider recently announced that China Continent Insurance Company (CCIC), the number 5 general insurer in China with USD 6.2B premium in 2018, completed the third and the final batch of rolling out eBaoCloud DigitalCore, powered by InsureMO, an insurance middleware. The first launch of two pilot regional branches was done in December 2018, followed by another batch in May 2019, and the final rollout nationwide was successfully done in July 2019.

eBaoCloud DigitalCore is now supporting the entire business of CCIC nationwide in China. This is globally the first and the only large scale general insurance company with all mainstream insurance products running completely on a commercially available microservices core platform.

The coming digital insurance demands cloud-native and microservices based core platform to manage the massive volume, variation, and velocity. Many insurers have started or plan to start the journey to adopt next generation technology. CCIC has taken a bold move and the joint team of CCIC and eBaoTech executed perfectly to achieve this historical success. In the first 8 months of operations, the new microservices based platform operated smoothly, business operation has been well supported and business values are truly delivered. This fully demonstrated the maturity and reliability of eBaoCloud InsureMO as an insurance industry middleware.