Core Software

Insurance Solutions

Enable Change at the Speed of Risk

In today’s rapidly evolving market, the pace of change surpasses that of traditional risk. At Majesco, we reject the notion of avoiding change to mitigate risk. Instead, we harness the power of GenAI with the innovation capabilities of Majesco Copilot and our broader embedded data and analytics to not just embrace but also to initiate change, enabling insurers to anticipate and manage risks and their business.

Our next-gen architecture with native cloud, microservices, headless, APIs, and embedded data & analytics for our core solutions, coupled with our visionary leadership and focus on relentless innovation, propels our customers to confidently lead the charge in business transformation. Our solutions bridge the critical gaps between rigidity and adaptability, process and innovation, commitment and execution. Majesco solutions empower insurers with the confidence to make well-informed decisions, offer products that deliver superior performance, and execute flawlessly at speeds that leave competitors in the dust.

Accelerate Speed to Value to Match Your Business and Customer Needs

Unleash the power of speed and efficiency in delivering value that aligns perfectly with your business goals and exceeds customer expectations. Our agile and market leading solutions enable you to swiftly respond to market demands, ensuring unparalleled success.

Forge Deeper Connections through Revolutionary Digital Engagement

Engage with your customers on a whole new level through groundbreaking digital strategies. Our solutions empower you to create innovative, highly personalized, and captivating experiences that resonate with your audience, leaving a lasting impression and fostering strong customer loyalty.

Harness Majesco CoPilot GenAI for Unparalleled Productivity & Efficiency

Leverage the transformative power of Majesco Copilot and GenAI to drive operational productivity, efficiency and innovation. With unparalleled insights and automation capabilities it enables your business to not only meet, but to exceed modern challenges. Using GenAI and Majesco Copilot, you unlock new levels of operational excellence and user satisfaction, keeping you ahead in the rapidly evolving insurance landscape.

Simplify Complexity for Swift Digital Transformation

Streamline complex processes and pave the way for rapid digital transformation. Our transformative solutions empower you to simplify intricate operations, enabling faster and smoother innovation. Embrace simplicity to stay ahead of the competition and achieve remarkable business growth.

Empower Your Business with Cutting-Edge Innovation

Seize the opportunities presented by the next wave of insurance innovation to future-proof your business. Our solutions empower you to leverage the latest advancements, allowing you to stay at the forefront of the industry and unleash your organization’s true potential.

Insurance Solutions

P&C Intelligent Core Suite

Majesco P&C Intelligent Core Suite revolutionizes the concept of speed to value with as an industry-leading insurance cloud platform, providing insurers with the flexibility and speed needed to innovate, drive operational effectiveness, enable innovation, and exceed customer expectations. With embedded data and analytics, it creates insights to drive growth, profitability and competitive differentiation, empowering insurers to shape their own future.

P&C CoreConnect

Powered by Majesco’s Enterprise Rating technology this platform contains comprehensive quote, rate, policy, billing and claims capabilities for personal, commercial and specialty lines. 

P&C Enterprise Rating

Empowers insurers across all lines of business for personal, commercial and specialty to deliver strength, performance, and reliability, ensuring an accurate and efficient rating process. 

L&AH Intelligent Core Suite

Majesco L&AH Intelligent Core Suite revolutionizes individual, group, voluntary benefits, and worksite by empowering insurers to transform legacy debt and create innovative new products that seamlessly align with the diversity of expectations and needs of today’s customers. Powered by embedded data and analytics and cloud technology, insurers can deliver exceptional solutions that cater to evolving customer needs, expectations, and preferences on a single platform.

ClaimVantage Claims Management

Majesco ClaimVantage takes the lead as a top-tier enterprise claims management solution for L&AH that uniquely meets the growing demands of a wide array of products including disability insurance. It meets the growing, complicated federal and state compliance leave demands while also delivering easy and seamless Absence, Accommodation, and Integrated Disability Management (IDAM) capabilities demanded by today’s customers.

Intelligent Sales & Underwriting Workbench

A best-of-breed sales and underwriting workbench built for group and voluntary benefits insurance, delivering AI-drive software for group and benefits insurers. It leverages AI technology to streamline business operations, optimize quote times and improve the overall customer experience.

FAQ

What is a core suite?

A core suite for either P&C or L&AH insurance companies includes policy, billing and claims components that are pre-integrated across the three, providing a solution that supports the end-to-end lifecycle of a policy.

Why should insurers replace their core systems?

Today’s insurers want the power to run their business on a single platform, to innovate, create and manage the products and content they need to respond to shifting customer demands and market opportunities, and to extend their business with compelling digital and data capabilities. Core Suite gives insurers the power, flexibility, and speed to innovate and create profitable growth year after year.

What are the key characteristics of a digital P&C core platform?

Today’s digital experience is much more than putting a portal on top of your core system. Your core must be built on next-gen technology including cloud, APIs, and Microservices. It must be highly configurable, customer-centric, deliver straight-through processing, and be content-rich to support speed and scale. The next-gen core cloud platform enables you to rethink and innovate your business as a “digital-first” business, from your processes to your products, to meet the unique needs and expectations of today’s and tomorrow’s customers … with speed and scale.

The Future Starts With Majesco