Source: verdict.co.uk
BaoTech Corporation and Neutrinos have partnered to offer new-age digital insurance applications to insurance carriers, brokers and InsurTechs.
These applications will be powered by eBaoTech’s Insurance PaaS platform eBaoCloud InsureMO (InsureMO) and Neutrinos’ Low Code Multi-Experience Development Platform (MXDP).
Joint customers can utilise the front-end application development capabilities for Omni-channels offered by Neutrinos’ Low Code platform.
They will also able to leverage the rich insurance APIs for policy whole lifecycle provided by eBaoCloud InsureMO.
eBaoCloud InsureMO is a containerised industry middleware based on microservices architecture. It is said to accelerate fast innovations and deep connectivity for insurers, brokers, agents, MGA, affinity channels, and InsurTech startups.
The platform includes common APIs needed to manage the whole life cycle of General, Life and Health insurance policies, such as quotation, illustration, underwriting, payment, and claims.
Furthermore, it can seamlessly integrate with external applications and services such as OCR, voice recognition, payment and location by API calls.
Neutrinos’ MXDP offers a range of digital insurance distribution solutions to help insurers rapidly build applications on disruptive technologies and cater to customer demands.
The Neutrinos Suite of Insurance solutions is said to offer cost, resource, and time optimization.
Commenting on the latest development, eBaoTech corporate vice-president and Sales and Strategy head Rajat Sharma said: “We are excited to partner with Neutrinos and leverage the power of Low code platforms to deliver Insurance applications powered by InsureMO.
“With over 3,000 products from over 120 insurance companies across more than 10 countries configured on eBaoCloud InsureMO, we are sure that together with Neutrinos we will create enormous value for rapid digital transformation in the Insurance industry.”
