Majesco’s solutions are being utilized by about 160 insurance firms globally in P&C, group/employee benefits, and L&A sectors. The vendor’s software, services, and consulting are built to empower insurers with the needed speed, innovation, and agility to meet their transformation goals.
Majesco’s applications include new business/underwriting, policy management, claims management, billing, rating, BI/analytics, distribution management, digital platform with portal and mobile, predictive modeling, consulting services, transformation services, content and bureau services, cloud services, testing services, and more. The vendor fuses their leadership, expertise, and technology to assist insurers to connect and modernize to develop their business – at scale and speed.
Insurance product depth and breadth
Pre-defined products for all jurisdictions and states to easily customize or swiftly deploy so you can introduce to market more rapidly.
Ready-to-use, extensive content including more than 40,000 rules, 14,000 data fields, and 4,000 forms.
Provides support for all business lines for specialty, commercial, and personal.
Utilize preconfigured content and products for quick implementation in any line of business.
Obtain speed to value
Use the robust rating engine to adapt and produce rates for existing and new products.
Utilize new features rapidly with software and Bureau content that’s updated monthly to keep you informed.
Release new products swiftly utilizing ready-to-use content and pre-loaded rich templates that can be effortlessy customized with robust configuration features for both IT and business users.
Ready-to-use forms, rules, and rates, and pre-defined products for all jurisdictions and states with monthly software and content updates.
Effective disbursement and management of agent compensation with a rules-based commission function that manages flexible commission contracts and alterations.
Intuitive and flexible configuration features for IT and business users.
Bolsters all P&C business lines with a range of billing types, including Deductible Billing, List/Payroll Deduction, Wholesale, Agency Account Current, Agency Statement, Customer Account, Direct, and more.
Quickly adjust to changing market needs with configurable services and modules and the vendor’s strong partner ecosystem that offers new services, data, and capabilities.
Intelligent risk evaluation
Speed innovation leveraging new data sources, business capabilities, and technologies from Majesco’s partners.
Improve decision making and underwriting quality with business rules that assess claims history.
Achieve operational effectiveness and efficiency with powerful work management, integration of business rules, and automation of repetitive tasks.
Integrations with several data sources to measure claim complexity and analyze the chances of litigation.
Majesco has not provided pricing information on their website. Contact them directly to get current pricing details.
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