{"id":65271,"date":"2021-09-09T09:00:12","date_gmt":"2021-09-09T13:00:12","guid":{"rendered":"https:\/\/staging.majesco.com\/?post_type=press&#038;p=65271"},"modified":"2022-11-18T15:50:40","modified_gmt":"2022-11-18T20:50:40","slug":"majesco-hosts-special-product-council-to-introduce-loss-control-360","status":"publish","type":"press","link":"https:\/\/staging.majesco.com\/?press=majesco-hosts-special-product-council-to-introduce-loss-control-360","title":{"rendered":"Majesco Hosts Special Product Council to Introduce Loss Control 360 Product and Exciting Roadmap for P&#038;C Suite Integration and New Data and Analytics Platform"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>Sessions brought together Majesco and Utilant P&amp;C customers to highlight the latest capabilities and future plans for Loss Control 360, integration with Majesco P&amp;C Core Suite and AI\/ML capabilities from the new Data and Analytics business<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a><strong>Morristown, NJ \u2013 September 9<sup>th<\/sup>, 2021 \u2013 <\/strong><\/a><a href=\"https:\/\/staging.majesco.com\/\">Majesco<\/a>, a global leader of cloud insurance software solutions for insurance business transformation, today announced the completion of a successful one-day Product Council with more than 100 customer attendees that highlighted the latest capabilities and future plans for Loss Control 360, integration with Majesco P&amp;C Core Suite and AI\/ML capabilities from the new Data and Analytics business. &nbsp;It was the first joint event, welcoming Loss Control 360 customers to the Majesco customer family. Majesco completed the <a href=\"https:\/\/staging.majesco.com\/press\/majesco-completes-acquisition-of-utilant-llc\/\">acquisition of Utilant<\/a> on June 16.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the opening session, Majesco President and Chief Product Officer, Manish Shah, provided an overview and update of Majesco\u2019s product vision and strategy, discussed innovation synergies between Utilant and Majesco solutions as well as further strengthening of the SaaS Cloud operations that will benefit P&amp;C customers.&nbsp; Patrick Davis, SVP &amp; GM \u2013 Data &amp; Analytics, discussed the Loss Control product strategy, expanding on the innovation synergies.&nbsp; He also introduced the organization\u2019s new Data and Analytics business unit, including current and future AI\/ML capabilities.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe are excited to welcome the Utilant customers to the Majesco family.&nbsp; The Loss Control 360 solutions, Majesco P&amp;C Core Suite and Majesco Digital1st\u00ae Insurance platforms provide our joint customers and the industry market leading solutions that help them modernize, optimize and innovate to address existing and new product and risk needs in the market,\u201d said Manish Shah. \u201cThis one-day session was a great way for us to showcase these products to our customers and discussing an exciting vision for the future.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Loss Control 360 product team led the afternoon session, demonstrating an overview of Loss Control 360 and Guide Stream 360, as well as new AI\/ML capabilities.&nbsp; In addition, they shared further plans around Cloud and AI\/ML on the roadmap.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cAdvanced data and analytics using AI\/ML is crucial both operationally and strategically for insurers,\u201d said Patrick Davis. \u201cWe are thrilled to share our plans for next generation AI\/ML models, contributory database, and embedded data and analytics capabilities across the end-to-end insurance process and solutions that will provide insurers with a competitive edge, improve underwriting profitability and accelerate their digital transformation.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Following its\u2019 largest virtual Product Council ever in the spring, Majesco will be holding its Fall Product Council on October 26-28, 2021 \u2014 where they will discuss product roadmap progress, plans collaborate on innovative ideas across all the Majesco solutions for both P&amp;C and L&amp;A and Group market segments.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">About Majesco<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Majesco is the leading software partner to both the P&amp;C and L&amp;A insurance markets to modernize, optimize and innovate their businesses at speed and scale.&nbsp; Over 330 insurers, from greenfields, start-ups and MGAs to the largest insurers, reinsurers and brokers use Majesco\u2019s next generation SaaS platform solutions of core, data and analytics, digital, distribution, absence management and a rich ecosystem marketplace of established and InsurTech partners to build the future of insurance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our technology, expertise and leadership help insurers innovate and connect to build the future of their business.&nbsp; With over 825 successful implementations and over 65% of our customers on Cloud with Majesco platform solutions, together we have an amazing track record of innovation and real-world results.&nbsp; For more details on Majesco, please visit www.majesco.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sessions brought together Majesco and Utilant P&amp;C customers to highlight the latest capabilities and future plans for Loss Control 360, integration with Majesco P&amp;C Core Suite and AI\/ML capabilities from the new Data and Analytics business Morristown, NJ \u2013 September 9th, 2021 \u2013 Majesco, a global leader of cloud insurance software solutions for insurance business&hellip;<\/p>\n<div class=\"wp-block-button is-style-transparent-arrow\"><a class=\"wp-block-button__link majesco-2022-read-more-link\" href=\"https:\/\/staging.majesco.com\/?press=majesco-hosts-special-product-council-to-introduce-loss-control-360\">View Full Resource <\/a><\/div>\n","protected":false},"featured_media":0,"template":"","solution":[15],"customers":[],"partners":[],"solution-categories":[],"class_list":["post-65271","press","type-press","status-publish","hentry","solution-data-analytics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Majesco Hosts Special Product Council to Introduce Loss Control 360 Product and Exciting Roadmap for P&amp;C Suite Integration and New Data and Analytics Platform<\/title>\n<meta name=\"description\" content=\"Sessions brought together Majesco and Utilant P&amp;C 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