EAB Systems wins Technology Initiative of the Year Award at 20th Asia Insurance Industry Awards

EAB’s new 121 System won the award for Technology Initiative of the Year at the 20th Asia Insurance Industry Awards in Macau on Tuesday.

A distinguished panel of 30 judges from regional and international insurers, association heads and regulators selected EAB’s 121 System as the Technology Initiative of the Year at the 20th Asia Insurance Industry Awards. The Awards was organized by Asia Insurance Review and independently audited by KPMG.

121 System was recognized as a breakthrough technology that addresses a real and significant need for insurers. The award-winning application enables significant improvements at the point of sale and greatly increases engagement with customers, leading to greater efficiency and profitability. The advanced configurators also allow insurers to easily adopt the solution region-wide.

The award-winning 121 System operates on multiple platforms, both online and offline, catering to increasingly mobile and tech-savvy consumers, while maintaining optimal user experience and performance.

For more information on the award, please visit: http://events.asiainsurancereview.com/asiaawards


EAB Systems named Asia Trusted Life Agents & Advisers Awards 2016: Technology Provider of the Year

EAB receives the Technology Provider of the Year award from Dr. Kah Siang Khoo, CEO of Great Eastern Life (Singapore) and President of the Life Insurance Association Singapore, at the Presentation Dinner.

20 life insurance leaders, association heads, regulatory professionals and industry experts across the regional and global life insurance industry picked EAB as the Technology Provider of the Year for Agents in the 1st Asia Trusted Life Agents & Advisers Awards, jointly organized by Asia Insurance Review and LIMRA.

EAB won the award for creating a point of sale and sales activity management suite that assists agents at the point of sale through its ease of use, simplifies the financial planning and application process, ensures compliance with regulatory requirements and boosts the image of the industry.

The award-winning 121 System operates on multiple platforms, both online and offline, catering to increasingly mobile and tech-savvy consumers, while maintaining optimal user experience and performance.

For more information on the award, please visit: http://www.asiainsurancereview.com/asialifeawards


EAB’s 121 System wins Hong Kong ICT Awards 2016: Best FinTech (Banking and Insurance) Silver Award

EAB receives the Best FinTech Award from John Strictland, the former Chairman of HSBC, at the Awards Presentation Ceremony.

The Best FinTech Award, organised by the Office of the Government Chief Information Officer and The Hong Kong Institute of Bankers, recognises companies providing high quality and innovative solutions to the financial industry.

Competing against entries from several big-name banks and insurance companies, EAB’s 121 System won the Silver Award. The judging panel of 18 distinguished judges and assessors from the banking and insurance sectors said, “The 121 System covers all major functionalities of an insurance sales cycle. It is a comprehensive end-to-end product. It configures new products with flexibility and provides offline capabilities. It is believed that this helpful and user-friendly system can save [a] company’s cost and raise income.”

This award recognises EAB as a technology enabler for financial services and insurance companies to provide innovative value-added services and improve customer experience. It also acknowledges the potential of the 121 System to improve operational efficiency, enhance productivity, comply with regulations and revolutionise channel delivery and product offerings.

For more information on the award, please visit: http://www.hkictawards.hk/news.asp?menuid=25052


Financial Needs Analysis on Windows 10

Financial Needs Analysis on Windows 10

EAB Systems has partnered with Microsoft to make its flagship 121 System for Windows devices, running on the Azure cloud platform. The first fruit of that partnership is a Financial Needs Analysis tool, which is now available on Windows 10 as a Universal Windows Platform (UWP) app.

With the Financial Needs Analysis tool, we automate the process of analyzing the customer’s needs and resources into a unique and interactive experience. Financial consultants can use the app to identify, prioritize and analyze the customer’s needs and pinpoint any financial shortfalls in a fun and graphical way. A summary will then be generated in the form of a report, which the customer can sign with a digital pen, and the financial consultant can send the report to the customer via email on the spot.

Leveraging Microsoft’s Universal Windows Platform, the Financial Needs Analysis app creates a unified experience for financial consultants no matter what Windows device they are using. The app behaves the same way whether it is running on a tablet or a mobile phone. The app also supports Continuum, which essentially turns a mobile device into a PC, so financial consultants can do their work through a desktop monitor with just their mobile device.


EAB Systems awarded Best Enterprise Risk Management Gold Award by the Academy of Professional Certification

AB Systems awarded Best Enterprise Risk Management Gold Award by the Academy of Professional Certification

The Academy of Professional Certification has awarded EAB Systems the Gold Award for Best Enterprise Risk Management 2015 in February 2016. The award honors companies, SMEs, NGOs and organizations that demonstrate excellence in enterprise risk management. This achievement recognizes our commitment to implementing best practices in enterprise risk management in accordance with international standards such as ISO 31000.

The judging panel comprised well-known senior business executives, leading enterprise risk management experts and professional advisors. Winners were assessed based on eight criteria: leadership, business operations and management, business planning, human resources management, enterprise risk process management, customer and market focus, business results and financial management.

For more information on the award, please visit: http://apc.org.hk/ermaward.html


Powered by EAB’s 121 System, AXA Hong Kong wins The Hong Kong Insurance Awards 2015: Outstanding Online Platform Award – Life

Powered by EAB’s 121 System, AXA Hong Kong wins The Hong Kong Insurance Awards 2015: Outstanding Online Platform Award – Life

The Hong Kong Insurance Awards, organized by the Hong Kong Federation of Insurers, honors outstanding accomplishments and innovation in the insurance industry.

AXA Hong Kong won the Outstanding Online Platform Award – Life for excellent use of online/digital platform in sales/services provided to customers. Using EAB’s 121 System, their custom solution delivered a high degree of efficiency, effectiveness and user-friendliness in engaging customers and serving clientele.

As AXA Hong Kong said: “This mindfully designed and easy-to-navigate digital platform incorporates built-in sales processes for distributors’ ease of use. It demonstrates professionalism, encourages and shares best practices, and facilitates both customers and financial consultants’ engagement.”

For more information on the award, please visit: http://www.hkfi.org.hk/hkia/winners2015_award10.html


Powered by EAB’s 121 System, AXA China has again won Celent’s Model Insurer Asia Awards 2015 for its AXAiPro mobile app.

Powered by EAB’s 121 System, AXA China has again won Celent’s Model Insurer Asia Awards 2015 for its AXAiPro mobile app.

Recognising EAB’s mobile technology, Celent credited the system with transforming the insurance sales industry at the point of sale. The tablet app saves time for sales agents by providing up-to-date product and price information instantaneously. Agents also customise insurance packages quickly on 121 and present them to clients on the spot in a professional and easy-to-understand format.

This is the second time 121 System has won an award via AXA China. In 2010, EAB’s technology was given the Celent Model Insurer Asia Awards for AXA’s distribution management system, AXA Workbench. The technology improved AXA’s distribution channel, automation, systems integration and straight-through processing (STP).

For more information on the award, please visit: http://www.celent.com/node/33422