{"id":4163,"date":"2012-05-15T03:38:14","date_gmt":"2012-05-15T07:38:14","guid":{"rendered":"https:\/\/staging.majesco.com\/?post_type=press&p=4163"},"modified":"2024-05-28T12:12:49","modified_gmt":"2024-05-28T16:12:49","slug":"majescomastek-introduces-enhanced-version-elixir-policy-administration-system","status":"publish","type":"press","link":"https:\/\/staging.majesco.com\/?press=majescomastek-introduces-enhanced-version-elixir-policy-administration-system","title":{"rendered":"MajescoMastek Introduces Enhanced Version of Elixir Policy Administration System"},"content":{"rendered":"

Orlando, FL, May 15, 2012 –<\/strong>\u00a0At the ACORD LOMA Insurance Systems Forum, MajescoMastek, the insurance industry\u2019s enterprise application specialists and the U.S. subsidiary of global technology solutions provider Mastek Limited (NSE: MASTEK), today announced the launch and general availability of the new enhanced version of its Elixir Policy Administration System<\/a>, MajescoMastek\u2019s solution for end-to-end processing of all annuity, health, and life insurance products.<\/p>\n

Version 6.0 of Elixir North America builds upon the solution\u2019s proven architecture and design, acquired with the assets of SEG Software in 2010, with new and enhanced functionality to extend the system\u2019s use and processing capabilities for both group and individual lines of business. Elixir North America is available as a hosted application or through a traditional software license model, allowing for pricing and implementation flexibility to meet each MajescoMastek client\u2019s unique operational, timeline, and budget needs.<\/p>\n

Currently being implemented at two MajescoMastek client sites, Version 6.0 enables increased ease-of-use for all stakeholders in the insurance process, including an improved experience for both the customer and agent channels through a combination of the new user interface and the mobile applications.<\/p>\n

\u201cThe latest version is further evidence of MajescoMastek\u2019s uncompromising commitment to the Elixir platform and the North American life, annuity, and health market,\u201d commented Erik Stockwell, MajescoMastek\u2019s senior vice president. \u201cWe focused a great deal of our Version 6.0 enhancement effort on providing greater ease-of-access through both mobile devices and the internet, improving an improved process flow, and making the system navigation more intuitive \u2013 all with the primary objective of providing the highest quality customer experience, whether it\u2019s a policyholder or agent looking to self-service or seeking assistance through a customer service representative.\u201d<\/p>\n

With the new version focused on increasing the system\u2019s depth of functionality, ease-of-use, and self-service options; Version 6.0 enhancements includes:<\/p>\n