Asahi Mutual Life Insurance Company Launches eBaoTech LifeSystem as its Policy Administration System for Agency Channel

  Asahi Mutual Life Insurance Company Launches eBaoTech LifeSystem as its
  Policy Administration System for Agency Channel

Business Wire

SHANGHAI & TOKYO -- August 13, 2013

eBaoTech, a leading software provider for the life and property & casualty
insurance industry, announced that "Smile Series”, a new brand of insurance
product developed by Asahi Mutual Life Insurance Company, is running on
eBaoTech® LifeSystem Suite.

eBaoTech® LifeSystem Suite is a web-based, highly flexible policy
administration system that supports complete lifecycle management of life
insurance products. The standards-based system enables timely implementation
at reasonable cost, and fully complies with Japanese business practices and
regulations.

The project objective was to launch flexible life insurance products that meet
the needs of Asahi Mutual Life’s agency channel. Asahi Life selected eBaoTech
LifeSystem Suite as the policy administration system for the agency channel,
and chose NTT DATA as the system integrator. The new system successfully went
live on July 16, 2013.

“We are very pleased that eBaoTech LifeSystem was selected by Asahi Life to
help them achieve their strategic business objectives,” noted Woody Mo, CEO
and president of eBaoTech. “We hope our standards-based insurance products
based on modern technology will continue to bring added value to Japanese
insurers.”

About Asahi Mutual Life Insurance Company
Asahi Mutual Life Insurance Company is the second oldest life insurance
company in Japan, and was established on March 01, 1888 as Teikoku Life. Asahi
Mutual Life celebrated its 125th anniversary in 2013 thanks to long-time
support from its customers.

Asahi Life has a management philosophy of "Service with Sincerity", striving
for continuous improvement in customer service at all times. Social
Responsibility is considered one of the three major responsibilities of
company management, and Asahi Life is proactively engaged in social
contribution activities while running its life insurance business. Asahi Life
is dedicated to meeting the various needs from customers of all generations,
with the aim “to be chosen by each and every customer as the most reliable
life insurer."

About NTT DATA Corporation
NTT DATA Corporation is a leading company in the IT services industry
providing clients with cutting edge technologies and services, such as the
development of large-scale social infrastructure and information systems for
the Finance and Public Sector industries and development of information
systems that support the management strategy of our clients.

NTT DATA is aiming to become one of the Global Top 5 IT Vendors, and currently
employs approximately 61,000 people in 35 countries and regions around the
world. By providing reliable, high-quality IT services around the world as
"One NTT DATA", we are able to support our clients in increasing their
business competitiveness through the power of IT as they continue to
globalize. NTT DATA is dedicated to the development of new strategies and
values in information technology to contribute to create a more prosperous and
harmonious society. www.nttdata.com/global/en/

About eBaoTech
eBaoTech delivers standards-based, configurable software solutions to both
property and casualty (P&C) and life insurers. Its product offerings enable
insurers to realize cost-effective, scalable, flexible and highly automated
insurance operations in an ever-changing environment. With offices in eleven
countries across Europe, Asia Pacific and the Americas, and installations in
almost 30 countries, eBaoTech has extensive global presence to serve leading
insurance companies. For more information, visit www.ebaotech.com

Contact:

eBaoTech
Fiona Zhang, +86 (21) 6140 7777 x3003
Fiona.zhang@ebaotech.com