Ageas plans to leverage InsureMO – a PaaS platform designed to accelerate insurance innovation – to enable its growth via B2B2C channels.
Hans De Cuyper, the CEO of Ageas Group, commented, “New roads to connect with customers are being developed, with a demand for new types of products and covers.”
“We look to invest in new partnerships that allow us to leverage the strengths of Digital platforms and Ecosystems. As a global technology enabler for the embedded insurance ecosystem, InsureMO is the right fit for us to acquire the technology capabilities.”
“It allows us to significantly improve our product and system agility, leading to a faster time-to-market – key capabilities that digital platforms look for when selecting their partners.”
Woody Mo, CEO and Founder of eBaoTech, added, “InsureMO acts as an API and microservice-based middle office layer on top of insurers’ existing core systems, enabling the launch of new products and minimum viable products and the integration with new channels and value chain partners at very low operational and innovation iteration costs.”
“eBaoTech has been a technology partner for several operating entities of Ageas for over 10 years. We are proud and committed to supporting Ageas’s digital strategies in the new age.”
