Analytics Solutions
AI & GenAI Powered Insurance Data Analytics
Empowering Insurers with GenAI and Majesco Copilot
Navigating the fast-evolving marketplace demands advanced, integrated data and analytics capabilities to reshape the entire business operation, to rapidly launch products, and create personalized customer experiences. Majesco’s Data and Analytics, complete with a data lakehouse of all your data, business intelligence, AI/ML models, partner AI/ML models, and GenAI, is embedded in all Majesco solutions. The business value of the embedded data and analytics is unprecedented in the industry, driving optimized operations, meeting the demands of today’s employees, and harnessing deep insights to drive profitability and growth. Access to these powerful data and analytics solutions is the bedrock for unearthing opportunities for operational optimization and innovation for today’s modern insurance business.
Elevate Your Data Strategy at Unprecedented Speed
Unleash the true potential of your data. Majesco Analytics effortlessly accepts integrates, and meticulously analyzes data from conventional and cutting-edge sources, encompassing core and digital solutions, third-party data providers, and contemporary technologies. This amalgamation of data-driven insights doesn’t just enhance the insurance landscape—it fundamentally elevates it.
A Dynamic Data Framework Tailored to Your Business
Flexibility is the cornerstone of our Data Lakehouse. Seamlessly unite internal operational data with external data into a unified data lake, to adapt swiftly to the ever-changing business and market demands with an adaptable business and technical architecture framework.
Fast-Track Insights into Action
Empower your enterprise with across-the-board data access and immersive visualization and business intelligence, drastically reducing the time required for informed insights and prompt decision-making.
Single Source of Truth for Speed and Certainty
Shift the focus from data management to actionable insights. Our solution incorporates built-in data quality measures and business validation rules, paving the way for resolute business decisions based on a rock-solid foundation of certainty.
Embrace GenAI and Majesco Copilot
Copilot and GenAI are transformative for insurance. Embedding them in our Core Solutions revolutionizes the extraction of insights and the execution of actions. GenAI changes the game by autonomously identifying complex patterns and producing valuable predictions, not just offering insights but enabling direct actions such as policy reviews or claim closures. Majesco Copilot serves as your dependable guide in this data-rich environment, delivering not only actionable recommendations to enhance your decision-making capabilities but also facilitating the efficient completion of tasks. Together, they redefine efficiency, productivity, and effectiveness in your business operations.
“In terms of analytics and reporting we felt that Majesco is doing great in terms of the way it is embedding analytics, which is allowing insurers to seamlessly build reports and dashboards which will contain intuitive visualization for insight.”
Divya Baranawal, Vice President & Principal Analyst, Quadrant Knowledge Solutions
Transform Data into Results
FAQ
This all occurs through being complete, scalable and flexible; ease of integration with core software; single source of truth for confident business decisions; and unsurpassed expertise in insurance, data and analytics.
There are so many ways that our toolbox of analytical solutions assists insurers. From strengthening data compliance, control and governance to becoming market leaders that master data by rapidly assembling large data sets and mining them for transformational insights, our ability to be support insurers is unmatched within the marketplace.
