Core Software

Property & Casualty Intelligent Core Suite

Unlock the Power of Core with Embedded Data & GenAI

Majesco P&C Intelligent Core Suite, our market-leading cloud platform, empowers customers to optimize efficiency and productivity, enhance customer experiences, and drive growth and profitability. We enable our customers to thrive in today’s fast-paced digital marketplace with the use of advanced technologies including GenAI, artificial intelligence, machine learning, and automation. Built on a common configurable platform, we provide rich, pre-built content that enables both IT and business users to make changes easily and independently.

Create a task or reminder in under 30 seconds with Majesco Copilot, vs 7 minutes through the UI.

Cloud Enabled for All Lines of Business

Cloud-enabled and embedded with expert services, P&C Intelligent Core supports personal, commercial, worker’s compensation, specialty, and new innovative products with our highly scalable and secure solutions with core containerization support.

Ease of Doing Business

A comprehensive set of core offerings, including policy, billing, and claims management, assisted by Majesco Copilot to easily complete tasks for you. Get step-by-step help without ever leaving your page, all while supporting end-to-end optimized insurance operations with best practice processes and pre-integrated data and digital to deliver exceptional customer experiences.

Innovation and Customer-Centric Updates

Performance improvements, driven by embedded analytics and Gen AI, encompass broad-reaching enhancements across the application and bulk jobs, resulting in a faster and more efficient experience throughout your day.

Insurance Solutions

Policy for P&C

A market-leading, comprehensive, and advanced policy management system that provides full lifecycle processing capabilities for all lines of P&C insurance, including new innovative products. 

Billing for P&C

The most widely adopted, award-winning solution that enables insurers to support risk products and value-added service to enhance customer experience, improve cash flow, reduce daily sales outstanding, and increase operational efficiencies. 

Claims for P&C

Supports the entire claims process and settlement cycle with all-encompassing functionality including: FNOL setup, claims setup, processing, fraud assessment, cat management and settlement. 

Accelerate Innovation and Speed to Value

Leverage pre-configured and ready-to-use content for rapid development and launch for any line of business or new business model.

  • Pre-integrated with Majesco Digital360 solutions leveraging ready-to-use interactive insights in real-time 360° view.
  • Ready-to-use content and pre-configured processes for all products and states with over 4,000 forms, 14,000 data fields and 40,000 rules.
  • Pre-integrated with ISO and NCCI, including embedded rates and underwriting rules, ou always have the latest Bureau circulars available for adoption with 667 circular updates resulting in 26, 101 changes and 2,690,693 records updated.
  • Expansive Open API Catalogue with a “no code API framework” for rapid integration

Adaptability and Convenience

Cutting-edge tools and capabilities to optimize and innovate your business. 

  • Integrated advanced analytics, automated processes, and exception underwriting. 
  • Pre-integrated plug-n-play EcoExchange Apps to access marquee partner data sources and capabilities. 
  • Personalize your experience with complete control over your Intelligent Core Landing Page, allowing role-based views, custom widgets, and the ability to set your own Quick Actions.
  • Powerful CAT management capabilities to proactively manage climate, natural or man-made catastrophic events. 
  • Enriched UI Libraries that support your decision making at the business and task level through summary and comparative visualizations.
  • Glovebox integration allows agents and end-insureds to see and manage a consolidated view of policies and billing details across insurers.

A Powerful Intelligent Core 

Built for the next generation of business demands and needs with open standards.

  • Accelerate your cloud-native agenda in our highly scalable and secure solutions with core containerization support.
  • Out-of-the-box Workers Compensation support, without the high implementation timelines and cost.
  • Implement standalone or as an enterprise end-to-end suite, integrated within your IT landscape to support the entire business value chain.
  • Powered by day-to-day analytics and AI based advanced analytics to quickly collect, curate, and analyze data from all sources with the assistant of Majesco Copilot offering you a future-oriented approach that combines cutting-edge technology with deep industry expertise. 
  • Leverage the largest repository of survey data with embedded AI/ML and access to 16M+ surveys and 200M+ tagged photos of specific risks used with AI/ML models to identify and assess risks with a deep integration to Loss Control.

“We are thrilled to offer our customers next-gen experiences and products on our new insurance platform across the entire operation from underwriting, policy, billing, claims in multiple lines of business. The MRSGNA and Majesco teams share a forward-thinking mindset with an emphasis on adopting best practices and scalable solutions that allowed us to extend capabilities and introduce new products quickly.” 

Chris Skowronski, Chief Operating Officer – Munich Re Specialty Group North America

FAQ

What can insurers do to respond to the growing demand for new types of insurance products, services, and experiences? 

Digital tech and automation will run the future of every business, including insurance. Every day, Majesco assists insurers in preparing for the new age of digital insurance by helping them construct new, resilient models of business. 

Are insurers prioritizing properly to meet the new risks? 

The new insurance opportunities will come easily for those insurers that are innovative and responsive. To do so, they must be prepared to construct a business model and approach with a product quickly. And they must be willing (and able) to partner with others in innovative new ways. This innovative responsiveness will only happen if an insurer has a foundation of core insurance systems and processes that are flexible and able to respond rapidly … days, weeks, or a few months, rather than years. 

What is a P&C Intelligent Core Platform? 

P&C Intelligent Core Suite includes a distinct, yet fully integrated, set of solutions that together provide the flexibility and speed to innovate all while driving significant and sustainable growth, putting the power in the insurer’s hands. The P&C Intelligent Core Suite includes policy, billing, and claims and each can be deployed as stand-alone or as part of the suite through options including on-premises, hosted or Cloud via CloudInsurer®. 

The Future Starts With Majesco