Core Software
P&C CoreConnect
Empowering Growth for P&C MGAs and MGUs
Majesco P&C CoreConnect delivers a powerful, versatile solution tailored to MGAs and MGUs as well as lower tier P&C insurers, that empowers growth and innovation in a world of shifting risk. The platform delivers speed to market, ease of business operationally and scalability with next-gen technology. Its extensive out-of-the-box features for quote, rating, policy, billing and claims delivers operational optimization to meet the unique needs of MGAs/MGUs and smaller insurers.
Simplify Complexity, Drive Expansion & Scalablity
Built for MGAs and MGUs to propel profitable growth and seamlessly manage multiple insurers, reinsurers, and distribution partners on a unified platform to simplify complexity. Multi-currency, multi-language, and London and Lloyds market capabilities to drive expansion and scalability. Make real-time changes to enable MGAs/MGUs to quickly react to the changing risk and competitive market conditions.
Comprehensive Solution for All Lines of Business
Market-leading technology with comprehensive capabilities across quote, policy, rating, billing, and claims including pre-configured third-party integrations to accelerate speed to market with new products and market segments cost effectively.
Cloud Native Next-Gen Platform
Modern, modular, native cloud solution continuously enriched with new and pertinent features to future-proof MGAs, MGUs and smaller insurers to stay ahead of risk shifts and the competition. The architecture leverages a variety of highly performant Microsoft Azure services, robust API library, and no-code, low-code tooling within the technology stack to empower business users.
Insurance Solutions
Speed-to-Market
Harness a solution nimble enough to launch products in weeks and robust enough to drive business growth.
- Ready-to-use product templates across a vast array of personal, commercial, and specialty lines of business simplifies and expedites product development times.
- Comprehensive set of features within each suite module provides all capabilities needed for seamless operations.
- Make real-time changes to the system to quickly react to rapidly changing market conditions to gain a competitive edge and seize new market opportunities.
- Swift response times enables MGAs and MGUs to scale operations efficiently to drive growth objectives including diversifying product offerings, accommodating increased submission and policy volumes, platform consolidations after mergers or acquisitions, and more.
Optimized Solution
Optimize efficiency and deliver exceptional services.
- Flexible technology architecture provides capabilities to seamlessly connect to available carrier APIs and quickly model carrier rates and rules, eliminating the need for your operations team to navigate multiple carrier portals.
- Adaptable underwriting portals brings full control to underwriting teams which enables them to quickly triage submissions and in most cases, automate straight through processing.
- Pre-configured integration with data enrichment providers and document generation and management capabilities eliminates the waiting period and streamlines the effort required by agents.
- Feature capabilities that enable real time assistance to streamline communication processes and response times.
- Intelligent submission handling and unstructured text ingestion developments within Majesco P&C CoreConnect can automatically create submissions from ACORD forms to eliminate rekeying.
Cutting Edge Innovation
Optimize your business with the latest technology on the market.
- Cloud-native architecture leveraging a wide range of Azure services.
- Pre-configured integration with industry-leading providers like Verisk, LexisNexis, Melissa Data, Google Maps, comparative raters, and many more.
- Low-code enabled portals allow automated straight-through processing of insurance policies from submission to indication or bindable quote.
“This milestone achievement helps advance Beazley’s Technology strategy of moving critical systems to cloud infrastructure. The integration flexibility and scalability helps Beazley expand distribution networks and provision infrastructure more nimbly.”
Libby Davey, Global Chief Information Officer, Beazley
Featured ResourCes
Blog
P&C Risk, Data and Underwriting: The Crush That is Driving Better Technology
Pick your pressure. If your organization had to have a pain point, would you rather have… Unfortunately for today’s P&C insurers, the business climate has been chosen for them. E. All of the Above P&C insurers are in an extraordinarily tight spot. Name a pressure and it’s happening right now to them. It may be…
Press
Embark MGA chooses DRC Insurance Platform
Embark MGA chooses DRC Insurance Platform for its property policy administration system to increase access to Homeowners Insurance in CA and AZ October 17, 2023 Philadelphia, PA | October 17, 2023 – In a timely collaboration, Embark MGA (Embark) and Decision Research Corporation (DRC) joined forces to tackle the pressing need for reliable markets for homeowner’s…
FAQ
Change can be daunting, but by combining Majesco P&C CoreConnect’s implementation expertise and tailored technology that offers the fastest, most accurate and cost-effective path to transform insurance products from concept to production, leveraging the latest technology has never been easier.
Majesco P&C CoreConnect provides insurers of all sizes end-to-end functionality that’s as versatile as it is powerful. Infused by Majesco Enterprise Rating, the market-leading rating technology, with comprehensive policy administration functionality to streamline Quote, Policy, Rating, Billing, Claims, advanced analytics and pre-configured third-party integrations. This powerful solution offers speed, scale, operational optimization, productivity, and decision-making to transform your business.
