eBaoTech Extends Strategic Partnership Network
by Forming Alliance with iTree, Focusing on
Eastern Europe, Baltics and South Africa
Alliance Expands Client Services Through Product Delivery with New Strategic Partner
February 12, 2010 03:58 AM Eastern Time
ZURICH--(EON: Enhanced Online News)--eBaoTech, a leading provider of new generation core application
software and services for life and general insurance industry has expanded its global alliances to drive
transformation projects for insurance clients. The new partnership with iTree focuses on enabling its new
partner to implement and maintain eBaoTech products for insurers in Eastern Europe, South Africa and
selected other markets.
iTree, with its Head Office in Vilnius, Lithuania, will leverage its extensive insurance expertise in markets like Russia,
Eastern Europe, Baltics and South Africa to jointly address these strategic markets with a complete implementation
offering centered around eBaoTech products, with an initial focus on General Insurance.
“eBaoTech’s solutions are of a particular interest to our clients because of their broad functionality and
modern architecture, which allows us to address our customers’ needs efficiently. This, together with
eBaoTech’s responsiveness to their clients’ needs makes our partnership with eBaoTech a clear benefit both
to our clients and to ourselves,” saidMantas Buta, Board Member, iTree
“iTree has a deep understanding of the insurance industry in markets like Russia and South Africa, and
clearly shares our vision to create a new global standard for core policy administration systems using
modern technologies and innovative business models. We are proud to work with iTree to accomplish this
vision over the next few years,” said Daniel Adamec, Managing Director, eBaoTech Corporation, who is also
responsible for global Alliances.
eBaoTech delivers standard-based, highly configurable insurance software suites to both property and casualty
(P&C) and life insurers. Its fut