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Quadrant Knowledge Solutions Recognizes Majesco as a Technology Leader in their SPARK Matrix™: Life Insurance Policy Administrative System, 2021

Retrieved on:

Tuesday, February 22, 2022

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has been recognized as a Technology Leader in Quadrant Knowledge Solutions SPARK Matrix: Life Insurance Policy Administration System, 2021 .

Key Points:

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has been recognized as a Technology Leader in Quadrant Knowledge Solutions SPARK Matrix: Life Insurance Policy Administration System, 2021 .
The Quadrant Knowledge Solutions SPARK Matrix includes a detailed analysis of global Life Insurance Policy Administration System market dynamics, major trends, vendor landscape, and competitive positioning.
Our recognition as a Technology Leader by Quadrant Knowledge Solutions is a testament to our teams passion for relentless innovation.
At Quadrant Knowledge Solutions, our vision is to become an integral part of our clients business as a strategic knowledge partner.

Majesco Partners with Larsen & Toubro Infotech to Transform Business Operations for Insurers

Retrieved on:

Tuesday, November 9, 2021

With changing behaviors and needs, theres even more demand for flexibility and convenience in customer experience, says Ed Ossie, Chief Operating Officer at Majesco.

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With changing behaviors and needs, theres even more demand for flexibility and convenience in customer experience, says Ed Ossie, Chief Operating Officer at Majesco.
The partnership between Majesco and LTI will help customers leverage todays digital technologies and cutting-edge solutions to deliver a new user experience, create new products and services while innovating their business models.
We are strategically strengthening our ecosystem of partners to provide our customers flexible, cloud-native and modern solutions to build their digital foundation.
Our technology, expertise and leadership help insurers innovate and connect to build the future of their business.

The Andover Companies Select Majesco’s LossControl360 for Commercial and Personal Lines to Enable Underwriting Innovation

Retrieved on:

Tuesday, September 28, 2021

Majesco , a global leader of cloud insurance software solutions for insurance business transformation, today announced that The Andover Companies, a leading multi-line personal and commercial insurance company selected Utilant LossControl360 for its commercial and personal lines business, based on the platforms extensive capabilities.

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Majesco , a global leader of cloud insurance software solutions for insurance business transformation, today announced that The Andover Companies, a leading multi-line personal and commercial insurance company selected Utilant LossControl360 for its commercial and personal lines business, based on the platforms extensive capabilities.
As Andover works to redefine and innovate its underwriting operations, LossControl360 will provide a centralized system of record for its underwriters to evaluate risks and drive better underwriting decisions.
LossControl360 is the best-in-class loss control survey management platform used globally by leading property and casualty insurance carriers and top risk engineering companies.
Were thrilled to partner with The Andover Companies as it works to modernize and optimize operations, says Patrick Davis, SVP & GM of Data & Analytics at Majesco.

Vantage Selects Majesco Billing for P&C, Policy for P&C and Digital1st® Insurance as Foundational Platforms for Fueling Insight-Driven Underwriting

Retrieved on:

Tuesday, September 14, 2021

Majesco , a global leader of cloud insurance software solutions for insurance business transformation, today announced that 2020 startup, Vantage Group Holdings Ltd. (Vantage) is now live with Majesco Billing for P&C for its insurance segment, with plans to also implement Majesco Policy for P&C and Majesco Digital1st Insurance in their Vantage Cloud as foundational platforms for their business growth strategy.

Key Points:

Majesco , a global leader of cloud insurance software solutions for insurance business transformation, today announced that 2020 startup, Vantage Group Holdings Ltd. (Vantage) is now live with Majesco Billing for P&C for its insurance segment, with plans to also implement Majesco Policy for P&C and Majesco Digital1st Insurance in their Vantage Cloud as foundational platforms for their business growth strategy.
Vantage needed a next generation core and digital solution that would adapt and keep pace with risk market shifts and rapid growth plans.
Vantage will tap into Majescos Digital1st Insurance platform, a cloud-native microservices digital insurance platform, for its specialty insurance Digital Underwriting Workbench that will enable insight-driven underwriting decisions and streamlined processes.
Market leaders understand that digital, next generation underwriting, policy, and billing solutions are essential to growth, profitability, and responsive customer service.

InsurTech Openly Selects Majesco Billing for P&C on Majesco CloudInsurer® as a Core Component to their Cutting-Edge Technology

Retrieved on:

Thursday, August 5, 2021

Operating exclusively through independent agents, Openly currently only offers an annual billing option.

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Operating exclusively through independent agents, Openly currently only offers an annual billing option.
With their continued state expansion and customer growth, they needed a platform that would provide customers options and flexibility through direct and installment-based billing options.
Majesco Billing for P&C on Majesco CloudInsurer supports our aggressive growth strategy and delivers a state-of-the-art SaaS platform that is easy to use, flexible and keeps us on the leading edge which our customers demand.
Founded by industry veterans in 2017, Openly is dedicated to delivering modern and transparent homeowners insurance and empowering independent agents across America.

Majesco Collaborates with Infosys to Accelerate Digital Experience for Insurers

Retrieved on:

Tuesday, May 18, 2021

Majesco\xe2\x80\x99s and Infosys\xe2\x80\x99 collaboration will help our joint customers accelerate their transformation and their path to the future of insurance.\xe2\x80\x9d\nMohit Joshi, President, Infosys, said, \xe2\x80\x9cWe are excited to collaborate with Majesco to explore new opportunities and offer an enhanced digital experience to the insurance industry.

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Majesco\xe2\x80\x99s and Infosys\xe2\x80\x99 collaboration will help our joint customers accelerate their transformation and their path to the future of insurance.\xe2\x80\x9d\nMohit Joshi, President, Infosys, said, \xe2\x80\x9cWe are excited to collaborate with Majesco to explore new opportunities and offer an enhanced digital experience to the insurance industry.
In the new normal, insurers are exploring ways to offer hyper-personalized experiences and innovative coverage to acquire and retain customers.
For more details on Majesco, please visit www.majesco.com .\nInfosys is a global leader in next-generation digital services and consulting.
With nearly four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey.

Ullico Casualty Group, LLC Live with Majesco P&C Core Suite on Majesco CloudInsurer® with Eight Professional Lines Products for 50 States

Retrieved on:

Thursday, May 6, 2021

Professional services, Data management, Technology, Insurance, Software, Networks, AFL–CIO, Ullico, Financial services, Finance, Economy, Majesco, Ullico, MAJESCO, ULLICO

UCG provides various commercial, business owners, cyber, bonds, fiduciary liability, union liability, and other insurance products to union pension and benefit plans and labor organizations for all 50 states.

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UCG provides various commercial, business owners, cyber, bonds, fiduciary liability, union liability, and other insurance products to union pension and benefit plans and labor organizations for all 50 states.
They have been at the forefront in providing innovative coverages for labor such as Individual Labor Leader, Investigatory Expense, and Educator\xe2\x80\x99s Liability endorsements.
\xe2\x80\x9cThe implementation will provide the foundation of our digital transformation to better meet rapidly changing market dynamics and union labor\xe2\x80\x99s needs.
Our products are tailored to promote financial security and stability for American workers.\nThe Ullico Inc. family of companies includes The Union Labor Life Insurance Company; Ullico Casualty Group, LLC; Ullico Investment Company, LLC; Ullico Investment Advisors, Inc.; and Ullico Benefit Solutions, LLC.

New Research Report from Majesco Underscores Growth Opportunity for Affinity and Program Business Through Reimagined Markets, Products, Partners and Channels

Retrieved on:

Thursday, October 29, 2020

Professional services, Data management, Technology, Insurance, Software, Networks, Internet, Affinity, Cloud computing, Majesco, PIMA

Majesco, a global leader of cloud insurance software, today announced the release of a new thought leadership report, A Roadmap to the Future of Insurance: Program and Affinity Business.

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Majesco, a global leader of cloud insurance software, today announced the release of a new thought leadership report, A Roadmap to the Future of Insurance: Program and Affinity Business.
As expected, the research reflected the organizations are predominantly focused on traditional partners for affinity and program business, such as associations, professional organizations, and employer groups.
What we uncovered is considerable opportunity in affinity and program business.
Companies who are actively engaged in experimenting with new products and building a partner ecosystem through affinity and program business are tapping into a significant growth engine.

Swiss Re Corporate Solutions Implements Majesco Digital1st® Insurance and Majesco Policy for P&C on Majesco CloudInsurer® in 11 Weeks

Retrieved on:

Thursday, October 8, 2020

Professional services, Data management, Security, Technology, Insurance, Software, Networks, Swiss Re, Insurance, Majesco, Swiss Re Corporate Solutions

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, announced today that Swiss Re Corporate Solutions, a leading insurer, implemented Majesco Digital1st Insurance and Majesco Policy for P&C on Majesco CloudInsurer in 11 weeks to support initiatives in the Mexico Retail Market business.

Key Points:

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, announced today that Swiss Re Corporate Solutions, a leading insurer, implemented Majesco Digital1st Insurance and Majesco Policy for P&C on Majesco CloudInsurer in 11 weeks to support initiatives in the Mexico Retail Market business.
Swiss Re Corporate Solutions had an accelerated and unique evaluation process to identify a solution that would meet our array of business opportunities, commented Giovanni Genovesi, Head Swiss Re Corporate Solutions IT Latin America.
The unique and innovative combination of the Majesco Digital1st Insurance Platform and Majesco Policy for P&C provides a foundation for us to innovate new products and greenfields globally, helping us deliver value to our customers.
Swiss Re Corporate Solutions serves clients from approximately 50 offices worldwide and is backed by the financial strength of the Swiss Re Group.

Majesco Enters Into Amended Agreement To Be Acquired by Thoma Bravo

Retrieved on:

Saturday, August 8, 2020

Professional services, Data management, Technology, Other Technology, Finance, Software, Majesco, Thoma Bravo

The proposed merger is subject to the approval of Majesco shareholders and the approval of the shareholders of Majescos parent company, Majesco Limited.

Key Points:

The proposed merger is subject to the approval of Majesco shareholders and the approval of the shareholders of Majescos parent company, Majesco Limited.
Majescos and Majesco Limiteds Boards of Directors have unanimously approved the merger and recommend that their respective shareholders approve the merger.
Majesco will solicit written consents from its shareholders to approve the Merger Agreement and expects to distribute the consent solicitation statement in August 2020.
The increased offer from Thoma Bravo and the amendment followed Majescos receipt of an unsolicited acquisition proposal from an unaffiliated third party.