Overview

InsureMO (Insurance Middle Office) is a comprehensive middleware platform developed by eBaoTech, designed to facilitate rapid innovation and deep connectivity within the insurance industry. Serving as an open API platform, InsureMO enables insurance carriers, brokers, agents, affinity channels, and InsurTech startups to seamlessly integrate insurance functionalities into various ecosystems. The platform supports a wide array of insurance products, including life, general, and health insurance, and is built on a cloud-native, microservices architecture to ensure scalability and flexibility.

Features and Capabilities

• Extensive API Library: Provides a comprehensive set of APIs covering premium calculation, policy issuance, policy services, claims processing, and other policy lifecycle transactions.
• Multi-Industry Integration: Facilitates the embedding of insurance services into various industries, such as banking, mobility, telecommunications, travel, gig economy, employee benefits, wellness, pet care, and small and medium enterprises (SMEs).
• Seamless Ecosystem Empowerment: Enables integration with diverse ecosystems, including banks, payment platforms, fintech companies, automotive sectors, brokers, agents, telecom services, travel and hospitality industries, gig economy platforms, employee benefits programs, healthcare, wellness, pet care services, and SMEs.
• Scalability: Designed to handle high transaction volumes, ensuring businesses can scale efficiently without compromising performance.
• Flexibility: Offers a broad range of insurance APIs and microservices, allowing customization of offerings to meet specific customer needs and market demands.
• Innovation Support: Enables rapid development and launch of new insurance products, helping businesses stay ahead of the competition.
• Cloud-Native and Microservices Architecture: Built on modern cloud-native and microservices architecture, ensuring flexibility and the ability to handle massive volumes, variations, and velocity in transactions.
• Global Adoption: Successfully adopted in multiple markets across Asia Pacific and Europe, with around 100 tenants and over 1,000 insurance products being sold on the platform.