Majesco

AI-driven insights predict claims, reduce costs, and increase growth, while a generative AI assistant boosts user productivity and operational efficiency.
Insurance Technology Cloud-Based Solutions Artificial Intelligence Digital Transformation Risk Management
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Majesco offers insurance technology solutions to help modernize and innovate business operations. Its products are designed to provide the latest core native-cloud solutions, advanced data and analytics, and engaging digital experiences to help navigate changing market dynamics and operational challenges.

Majesco's products and services span both Property & Casualty and Life, Annuity & Health insurance. Some of the key products and services include:

  • Intelligent Core Software: Customizable policy, billing, and claims products designed to meet the needs of each customer.
  • Digital Solutions: Digital360 Solutions and Digital1st Platform for personalized customer experiences and digital transformations.
  • Analytics Solutions: AI-driven insights to predict claims, reduce costs, and increase growth.
  • Distribution Software: Management software to expand distribution channels and improve business operations.
  • Risk & Compliance Solutions: Integrated solutions to enhance operations and minimize risk.
  • Ecosystem: A marketplace for partner solutions and data sources to extend the power of core.

The Spring '24 release also expands the capabilities of Majesco Copilot, a generative AI assistant built on the Microsoft foundation. This release is designed to increase user productivity, operational efficiency, and user experience. In addition, hundreds of new features have been added across the product portfolio to support the changing needs of insurers.

Majesco is designed to help top-tier P&C and L&A insurers, providing solutions that help them navigate operational challenges and build risk resilience. Majesco's technology is cloud-based, built on microservices, APIs, and AI/ML for speed and flexibility.

Majesco's pricing is not publicly disclosed, as it is typically customized to meet the specific needs of each customer. Prospective customers should contact Majesco for a custom quote.

With Majesco's technology and industry expertise, insurers can modernize their operations, drive innovation, and better serve their customers.

Published on July 18, 2024

Related Questions

Can you recommend an insurance technology platform that provides core native-cloud solutions and advanced data analytics? I'm looking for a digital solution that offers personalized customer experiences and can help with digital transformations in the insurance industry. Do you know of any analytics tools that use AI-driven insights to predict claims and reduce costs for insurance companies? Is there a software solution that can help insurers expand their distribution channels and improve business operations?

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