eBaoTech
eBaoTech International is a Singapore-based provider of the InsureMO PaaS insurance middleware and core modernization frameworks, serving more than 300 insurance carriers plus brokers, MGAs, and Insurtech ecosystem players globally.
- Company typePrivate
- Founded2000
- HeadquartersSingapore, Singapore
- Headcount1,001–5,000
- GTM typeB2B
- OfferingSoftware
eBaoTech firmographics
Firmographics- Name
- eBaoTech
- Legal name
- eBaoTech International
- Website
- https://ebaotech.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- eBaoTech International is a Singapore-based provider of the InsureMO PaaS insurance middleware and core modernization frameworks, serving more than 300 insurance carriers plus brokers, MGAs, and Insurtech ecosystem players globally.
- Ownership category
- akta.pro rank
eBaoTech industry classification
Industry- Product category
- Insurance Technology Software
- NAICS
- Other Insurance Related Activities (52429)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)
- akta.pro secondary industries
- Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL), Document, Workflow & Policy Servicing Automation (RPA/No-Code) (FSAGAGAK)
Keywords
Where eBaoTech is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
eBaoTech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS/Premium Subscription: Subscription-based SaaS offerings including InsureMO platform premium subscription that includes access to source code libraries and advanced features.
- Enterprise Support and Consulting: Enterprise-level support, consulting and training services to enable customers and partners to deliver their applications and digital transformation projects.
- Training Services: Training programs for customers and partners to build capabilities on eBaoTech platforms and frameworks.
- Platform Licensing: Licensing of InsureMO platform technology to carriers and partners for insurance operations enablement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Standard subscription for InsureMO platform access |
| Subscription | Annual | Premium subscription including source code library access |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
eBaoTech product offering
Product offeringCore offering
eBaoTech sells insurance technology software built around the InsureMO PaaS platform, providing insurers with policy administration, claims, billing, and reinsurance capabilities. Its portfolio includes open core-modernization frameworks (Gemini for Life, Easy for General), a sample apps and source code library, SaaS applications for back/front-office and external users (e.g., InsureMO ISO Middle Office, MyTrucksure), and regional ecosystem platforms (AutoShop China, MobileAdvisor China, Thailand Distribution Platform).
Product overview
eBaoTech offers a platform-plus-modules architecture centered on the InsureMO® PaaS (Insurance Infrastructure Platform). The core platform enables insurance companies to power any application, launch any product, connect any channel, and integrate any data source. The product portfolio includes open frameworks for life and general insurance core modernization (Gemini Open Framework for Life, Easy Framework for General), sample apps with source code libraries for core modernization, a suite of SaaS applications categorized for back-office, front-office, and external users (including InsureMO ISO Middle Office and MyTrucksure™ SaaS), and regional ecosystem platforms for specific markets (AutoShop China, MobileAdvisor China, Distribution Platform in Thailand). The source code of sample apps can be provided to clients via InsureMO platform's premium subscription, along with enterprise-level support, consulting, and training.
Differentiator
Problem solved
Functional benefit
Brands
- InsureMO®: Insurance Infrastructure Platform (PaaS) that enables power any app, launch any product, connect any channel, and integrate any data source.
- Collaborus Cloud
- Gemini Open Framework
- Easy Framework
- MyTrucksure™
- InsureMO ISO Middle Office
Products and services
- InsureMO PaaS Insurance middleware platform-as-a-service that enables connected insurance ecosystems, providing policy administration, claims, billing, and reinsurance middleware for insurers, brokers, MGAs, and ecosystem partners.
- Gemini Open Framework for Life Open framework for life insurance core modernization, providing sample apps and source code library as accelerators for insurers replacing legacy life insurance systems.
- Easy Framework for General Open framework for general insurance core modernization covering agent portal, policy admin, claim, billing, and reinsurance processes.
- Sample Apps and Source Code Library Pre-built sample applications and source code library covering agent portal, policy admin, claim, billing, and reinsurance processes to accelerate insurers' core modernization projects.
- InsureMO ISO Middle Office SaaS middle office solution for ISO (Insurance Services Office) operations, designed for external users such as brokers and agents to access insurance operations.
- MyTrucksure SaaS
Quantifiable outcome
- Three complex core system replacements completed within 18 months
- +3 more outcomes
Companies that use eBaoTech
Customer profileNamed customers8 records
Segments6 records
Ideal customer profiles5 records
eBaoTech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
eBaoTech partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and flagship.
- Ageas GroupcoreAgeas partnered with eBaoTech to enable its Digital platforms' strategy. As a global technology enabler for embedded insurance ecosystem, InsureMO allows Ageas to significantly improve product and system agility, leading to faster time-to-market - key capabilities that digital platforms look for when selecting partners.
- Walaa InsurancecoreSaudi Arabia based Walaa Insurance successfully adopted eBaoCloud DigitalCore as enabler for its digital transformation journey, implementing cloud-based insurance solutions.
- Aegon Life InsuranceflagshipAegon Life Insurance included in the first wave of partnerships for InsureMO in India. The first launch of their group platform with an eCommerce player was achieved within six weeks of signing the partnership, demonstrating speed to market capabilities.
- MSI ChinacoreMSI China uses InsureMO platform to quickly launch overseas travel accident insurance products on social media and WeChat, covering accidental death, itinerary changes, baggage loss, and credit card coverage.
- TegocoreTego uses Collaborus Cloud powered by InsureMO as the centre of their operations since day one. Over four years, adoption has allowed them to further capabilities through a consolidated digital platform, achieving double-digit year-on-year growth.
- VSure.lifecoreVSure.life partnered with eBaoTech for development of mobile solutions and formal business launch in Malaysia, continuously enhancing offerings for modern consumer lifestyles.
- SEG (Sri Ayudhya Assurance)coreSEG completed three complex core system replacements within 18 months with eBaoTech, synergizing systems of branches, partners, and head office for real-time 24/7 service.
- Trust CypruscoreTrust Cyprus implemented new digital platform during COVID-19 pandemic with eBaoTech, achieving better service to agents and customers with stronger connectivity capabilities.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
eBaoTech competitors and assessment
Company assessmentDirect peers
- Duck Creek Technologies: Cloud-native core insurance SaaS platform for P&C insurers, directly competing with eBaoTech in policy administration, billing, and claims SaaS delivered to mid-market and enterprise carriers.
- EIS Group: Core insurance platform for life, health, and P&C with strong digital and ecosystem capabilities, comparable in target customer (mid-to-large carriers) and platform-plus-apps delivery model to eBaoTech.
- Sapiens International Corporation: Provider of core insurance software solutions for P&C, life, and reinsurance markets, with similar SaaS and platform-based delivery models to eBaoTech's InsureMO-powered offerings.
- Guidewire Software: A leading provider of core insurance software (PolicyCenter, ClaimCenter, BillingCenter) for P&C insurers globally, directly comparable to eBaoTech's InsureMO-based core modernization offerings for life and general insurance carriers.
- Majesco: Cloud-based core insurance software (P&C and Life & Annuity) with strong SaaS and analytics focus, comparable to eBaoTech's life and general insurance core modernization frameworks and SaaS apps.
- Insurity: Cloud-based software and analytics for P&C insurers covering policy administration, claims, and billing — overlapping directly with eBaoTech's InsureMO platform and Collaborus Cloud.
Emerging players
- Socotra: Cloud-native core insurance platform targeting digital-first insurers and Insurtechs, with a similar API-first, any-channel philosophy as eBaoTech's InsureMO — a credible emerging alternative in the same space.
- Insulectro: A newer entrant in insurance core technology with cloud-native and embedded insurance capabilities, increasingly competing with eBaoTech for modern carrier and MGA deployments.
Broad incumbents
- Oracle Insurance: Oracle's insurance industry solutions span policy administration, claims, and analytics within its broader enterprise software suite, overlapping with eBaoTech's policy admin and billing capabilities but as part of a much wider portfolio.
- Microsoft Dynamics 365 Insurance: Microsoft's enterprise CRM and ERP platform with insurance industry extensions, competing indirectly with eBaoTech where carriers look to a broad enterprise software vendor for digital transformation rather than a specialist.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
eBaoTech social profiles
Digital presenceeBaoTech financial estimates
Financial estimateRevenue estimate
Valuation estimate
eBaoTech leadership team
Management profileNumber of profiles
Profiles1 record
eBaoTech subsidiaries and ownership
Company hierarchySubsidiaries3 records
eBaoTech funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
eBaoTech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about eBaoTech
What does eBaoTech do?
eBaoTech sells insurance technology software built around the InsureMO PaaS platform, providing insurers with policy administration, claims, billing, and reinsurance capabilities. Its portfolio includes open core-modernization frameworks (Gemini for Life, Easy for General), a sample apps and source code library, SaaS applications for back/front-office and external users (e.g., InsureMO ISO Middle Office, MyTrucksure), and regional ecosystem platforms (AutoShop China, MobileAdvisor China, Thailand Distribution Platform).
Is eBaoTech a public or private company?
eBaoTech is a private company. It is classified as unknown and is currently operating.
When was eBaoTech founded?
eBaoTech was founded in 2000. It employs 1,001 to 5,000 people.
Where is eBaoTech based?
eBaoTech is headquartered in Singapore, Singapore, in the Asia region.
How does eBaoTech make money?
Four revenue lines are on record. SaaS/Premium Subscription is the primary driver. The others are enterprise Support and Consulting, training Services and platform Licensing.
Who are eBaoTech's main competitors?
Direct peers on record are Duck Creek Technologies, EIS Group, Sapiens International Corporation, Guidewire Software, Majesco and Insurity. Emerging players are Socotra and Insulectro. Broad incumbents are Oracle Insurance and Microsoft Dynamics 365 Insurance.
Does eBaoTech have an API?
Yes. InsureMO platform provides API connectivity capabilities for integrating with data sources, channels, and external systems. The platform enables connecting any channel, launching any product, and integrating any data source. Source code libraries and APIs are accessible via InsureMO platform's premium subscription.
What industry is eBaoTech in?
eBaoTech's product category is Insurance Technology Software. Its primary akta.pro industry code is FSAGAGAB, Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS), with a secondary code of FSAGAGAL, Embedded Insurance & Affinity Distribution Platforms. Its NAICS code is 52429 and its SIC code is 7372.