{"id":6640,"date":"2015-07-15T08:45:32","date_gmt":"2015-07-15T12:45:32","guid":{"rendered":"https:\/\/staging.majesco.com\/?post_type=press&p=6640"},"modified":"2022-11-19T15:39:52","modified_gmt":"2022-11-19T20:39:52","slug":"society-insurance-successfully-completes-implementation-of-majescos-cover-all-policy","status":"publish","type":"press","link":"https:\/\/staging.majesco.com\/?press=society-insurance-successfully-completes-implementation-of-majescos-cover-all-policy","title":{"rendered":"Society Insurance Successfully Completes Implementation of Majesco\u2019s Cover-All Policy"},"content":{"rendered":"

New York, NY July 16, 2015: <\/strong>Majesco<\/strong><\/a> (NYSE MKT: MJCO), a global provider of core insurance software, consulting and services for insurance business transformation, today announced that Society Insurance<\/a> (Society) successfully completed their implementation of Majesco\u2019s Cover-All Policy, going live with Business Owners Policy, General Liability and Umbrella insurance with rating, quoting, underwriting, policy lifecycle management, document generation\/management, and program-based underwriting. Society had previously gone live with Commercial Auto and Workers Compensation in 2014. This final milestone completes their policy modernization strategic initiative.<\/p>\n

\u201cThis implementation marks a significant accomplishment for Society and provides a foundation for our future growth plans,\u201d said Tom Konop, vice president of Information Systems at Society Insurance. \u201cOur strategic objective was to modernize our policy platform more rapidly than the industry norm. We achieved this through a strong partnership with Majesco and their robust and in-depth pre-built bureau products and product configuration capabilities. Even more important is our ability to stay current with bureau updates and product enhancements to help remain compliant and competitive in a fast-changing commercial lines market.\u201d<\/p>\n

\u201cAchieving and exceeding our customer\u2019s expectations is a testament to the strong partnership, leadership commitment, robust products and strong joint project team,\u2019 said Manish Shah, \u00a0\u00a0\u00a0 EVP, Products for Majesco. \u201cBusiness transformation for commercial lines is complex, but with the robust depth and breadth of Cover-All Policy\u2019s pre-built bureau products, configuration capabilities and ongoing bureau updates, Society\u2019s implementation is testimony to a successful cost effective execution in an aggressive timeframe. This implementation highlights Majesco\u2019s commitment to a customer-centric culture.\u201d<\/p>\n

About Society Insurance<\/strong><\/p>\n

Headquartered in Fond du Lac, Wis., Society Insurance has been a leading property and casualty insurance carrier since 1915. The company\u2019s more than 250 employees and network of more than 2700 independent agents at more than 500 agency locations currently serves customers in Illinois, Indiana, Iowa and Wisconsin. As Society celebrates its 100th anniversary, the company is focused on the small details that make a big difference while serving the small-to-midsize niche businesses that comprise main street America. Society offers target programs and products for restaurants, bars, hotels, grocery stores, medical clinics, artisan contractors and cleaning services. This focus on specific business allows Society to provide superior claims handling, underwriting and risk control, which has led to long-standing relationships with and endorsements from a number of trade associations.<\/p>\n

About Majesco<\/strong><\/p>\n

Majesco enables insurance business transformation for approximately 140 insurance customers by providing solutions which include software, consulting and services.<\/p>\n

Our customers are insurers, MGA\u2019s and other risk providers from the Property and Casualty, Life, Annuity and Group insurance segments worldwide. Majesco delivers proven software solutions, consulting and services in the core insurance areas such as policy, billing, claims, distribution management, BI\/ analytics, digital, application management, cloud and more. For more details on Majesco, please visit\u00a0majesco.com<\/a>.<\/p>\n

\u00a0<\/strong><\/p>\n

Majesco Contact:<\/em><\/strong><\/p>\n

Majesco
\nAshwin Rodrigues
\nDirector \u2014 Global Marketing
\nPhone: +1-646-731-1078
\nEmail: ashwin.rodrigues@majesco.com<\/u><\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Highlights Business Value of Pre-Built Bureau Products to Rapidly and Cost-Effectively Implement Commercial Lines <\/p>\n

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