HCL partners with eBaoTech

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Bangalore: HCL Technologies has partnered with the China-based eBaoTech, a provider of software and services for life and general insurance industry. Under the agreement, HCL would work with eBaoTech to identify fitment of eBaoTech's products in select geographies. Woody Mo, CEO, eBaoTech said, "We look forward to working with HCL to create significant and tangible value for insurance industry to become much faster, better, most cost efficient, and more scalable." Moreover, the companies together expect to help insurance carriers and intermediaries adopt IT solutions that would allow them to gain better process efficiencies in a cost effective manner, it added. Premkumar S, Corporate Officer, HCL Technologies said, "We are very excited about our partnership with eBaoTech as part of our product partnerships portfolio and see a lot of potential across major focus markets. As one of the leading end-to-end specialist insurance solution providers in the industry, HCL is equipped to fulfill the industry requirements by combining with eBaoTech's insurance system software capabilities."

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