Analytics Solutions
Copilot GenAI – Generative AI for Insurance
Majesco Copilot: Elevating Insurance Optimization and Innovation with GenAI for Insurance
Majesco leads the way in harnessing the capabilities of GenAI with the embedding of Majesco Copilot across all our solutions. This pioneering technology sets a new benchmark in insurance product and solution development, providing insurers with a sustained competitive edge. From enhancing operational efficiency, enhancing productivity, improving user experiences, and delivering cost-effective solutions, Majesco Copilot creates a significant leap forward for insurance business operations. The adaptability and learning capabilities of generative AI for insurance equip our customers with unprecedented insights and guidance that will power the business operational and transformation demands to unprecedented heights.
Generative Artificial Intelligence Demo Request
Unlock the Potential of GenAI
Embrace the next horizon of data and analytics with Majesco Copilot. Empower your organization to harness actionable insights and data-driven recommendations, fundamentally transforming your operations, team performance, and business outcomes.
Seamless Integration of Intelligence
Take advantage of access to all your data in the data lakehouse, business intelligence dashboards and personalized capabilities, embedded AI/ML models and GenAI Majesco Copilot across core insurance processes including policy, billing, claims, underwriting, distribution management, digital portals, and loss control. We bring advanced analytics to the heart of your operations, to drive operational optimization, and unlock powerful insights and actionable recommendations.
Transform Your Business With Majesco CoPilot
Step into the future with Majesco Copilot, your partner in the transformative journey of insurance innovation powered by GenAI. This revolutionary approach enhances user experiences, streamlines operational processes and drives improved productivity. Using Majesco Copilot positions your business at the forefront, ready to redefine the landscape of insurance with leading-edge technology and strategic foresight.
Insurance Solutions
Enhanced Employee and Customer Experience
- Utilize AI-generated insights for effective addressing of employee and customer needs.
- Offer tailored recommendations to boost productivity, satisfaction and engagement.
- Enable personalized communications.
Data-Driven Brilliance: Unlock Success with Generative AI
- Leverage Generative AI to continuously innovate with better data analytics and product/service enhancements.
- Increase operational efficiency and improve decision-making processes using AI’s predictive and analytical capabilities.
- Access real-time and actionable insights from vast and diverse data sets.
Innovate, Anticipate, Dominate: Unleash Competitive Advantage with Generative AI
- Stay ahead of competitors to optimize and innovate your business.
- Drive innovation by being the first to market with new products and customer experiences.
- Gain a competitive edge through the use of advanced AI/ML models to develop unique and tailored insurance solutions.
“In the rapidly evolving world of insurance technology, Majesco has not just kept pace but is ahead of the pack. The Spring ’24 Release with Majesco Copilot embedded in all solutions is an impressive accomplishment and clear indication that they are committed to innovation in the insurance industry. Their holistic data strategy including the data lakehouse, embedded business intelligence, embedded AI/ML models, access to partner AI/ML models and GenAI is a leap forward that others have not yet accomplished. This leadership and foresight in embracing cutting-edge technology positions Majesco to be a strong technology partner to insurers in their transformation journey.”
Martina Conlon, Head of Insurance Insights, Datos-Insights
Featured Resources
Webinar
The Dawn of Intelligent Core Insurance Software – Embedded Advanced Analytics: AI/ML Models, NLP and ChatGPT
A rapidly intensifying arms race with advanced data and analytics is poised to reposition Leaders in the insurance industry with first movers defining the pace of change and innovation. Combining advanced analytics with human intelligence to enhance and amplify human abilities from answering quick questions to decision-making add value across the insurance organization from the…
Podcast
Rethink Risk with Loss Control
Join Denise Garth and PLM’s Erin Selfe for a deep dive on loss control. This podcast covers how the shifting risk environment is impacting insurers, how to cost effectively look at the broader portfolio to assess risk, how technology can help you focus on high-risk areas, and how loss control can add value to the…
FAQ
Machine Learning is a form of Artificial Intelligence that enables software to become extremely precise at predicting future outcomes without being programmed. Effectively learning from previous experience/events.
In insurance, claims processing has been known to be laborious and labor-intensive. Machine Learning is the prescription to decrease costs and time, from the submission of the claim to reviewing coverages.
This is definitely the case. Machine Learning allows insurers to narrow in on potential fraudulent claims extremely early in the transaction. This plays a vital role for insurers to be given ample time to have a thorough investigation.
