Indonesia-based life insurance firm WanaArtha Life has launched its investment-linked product WALlink on the LifeSystem platform of the BaoTech, a provider of software and services for the life and general insurance industry.
In February 2011, WanaArtha Life has started using its eBaoTech LifeSystem policy administration system, WALlink, for its employees to manage the investment-linked business in Jakarta.
WanaArtha Life CEO Eddy Berutu said the eBaoTech SaaS model enables the firm to execute the vision and strategy in uncertain economic conditions and a highly competitive insurance market.
Established in 1974, WanaArtha Life is a national life insurance company that has served Indonesia. Its insurance products range from group to individual products, and include both traditional and investment-linked products.