{"id":67895,"date":"2022-06-22T09:00:00","date_gmt":"2022-06-22T13:00:00","guid":{"rendered":"https:\/\/staging.majesco.com\/?post_type=press&p=67895"},"modified":"2023-06-15T12:48:51","modified_gmt":"2023-06-15T16:48:51","slug":"physicians-mutual-launches-pet-insurance-with-majescos-pc-core-suite","status":"publish","type":"press","link":"https:\/\/staging.majesco.com\/?press=physicians-mutual-launches-pet-insurance-with-majescos-pc-core-suite","title":{"rendered":"Physicians Mutual Launches Pet Insurance with Majesco\u2019s P&C Core Suite"},"content":{"rendered":"\n

Morristown, NJ \u2013 June 22nd<\/sup>, 2022\u00a0\u2013 <\/strong>Majesco, a global leader of cloud insurance platform<\/a> software for insurance business transformation, today announced Physicians Mutual launched pet insurance, Physicians Mutual Pet, with Majesco\u2019s P&C Core Suite.<\/p>\n\n\n\n

Physicians Mutual is a national provider of health, life and retirement products, including Medicare Supplement, dental, life and supplemental health insurance along with funeral pre-planning. The Physicians Mutual family includes Physicians Mutual Insurance Company and Physicians Mutual Life Insurance Company. Physicians Mutual Pet is the company\u2019s first entry into the Property & Casualty market.<\/p>\n\n\n\n

\u201cWe are excited to be rolling out our new pet insurance offering for dogs and cats,\u201d said Bill Horan, AVP, Pet Insurance at Physicians Mutual. \u201cWe understand the needs of pet owners and have added coverage options that are unique to the marketplace along with a user experience that is easy to understand and clear from start to finish. Majesco has helped to provide the components and solutions that support our vision as we continue to advance our capabilities and focus on the customer experience.\u201d<\/p>\n\n\n\n

Pet Insurance is one of the fastest growing insurance products with offerings increasing in 2020 by nearly 30 percent according to recent data<\/a> from Aon. Majesco\u2019s 2020 customer research<\/a>, Rethinking Life Insurance: From a Transaction to a Life, Health, Wealth and Wellness Customer Experience,identified that the Millennial and Gen Z generations had a 7.5 higher demand for Pet Insurance than the older generation, reflecting a growing market demand. The Majesco P&C Core Suite provides the capabilities, flexibility and speed needed by Physicians Mutual to launch this new product and position them to expand further into the Property & Casualty market. Built on a common configurable platform, it empowers both IT and business users with rich, pre-build content that helps insurers increase visibility, agility and quickly adapt their business.<\/p>\n\n\n\n

\u201cIt\u2019s an exciting time in the market and we are thrilled to partner with Physicians Mutual to help them expand their product portfolio to meet the changing needs of customers,\u201d says Prateek Kumar, EVP at Majesco. \u201cAs an existing customer, our next-generation solutions deliver robust capabilities and out-of-the-box content will support Physicians Mutual\u2019s growth strategy and strengthen their reputation of excellence.\u201d<\/p>\n\n\n\n

About Majesco<\/h2>\n\n\n\n

Majesco is the partner P&C and L&A insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what\u2019s next, without losing sight of what\u2019s important now.  Over 330 insurers, from greenfields and startups to some of the world\u2019s largest insurers, rely on Majesco\u2019s SaaS platforms solutions of core, data, analytics, digital, and rich ecosystem of partners to create their next now. <\/p>\n\n\n\n

As an industry leader, we don\u2019t believe in managing risk by avoiding change. We embrace change, even cause it, to get and stay ahead of risk. With 825+ successful implementations we are uniquely qualified to bridge the gap between a traditional insurance industry approach and a pure digital mindset. We give customers the confidence to decide, the products to perform, and the follow-through to execute.<\/p>\n\n\n\n

For more information, please visit www.majesco.com<\/a> and follow us on LinkedIn.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Morristown, NJ \u2013 June 22nd, 2022\u00a0\u2013 Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced Physicians Mutual launched pet insurance, Physicians Mutual Pet, with Majesco\u2019s P&C Core Suite. Physicians Mutual is a national provider of health, life and retirement products, including Medicare Supplement, dental, life and supplemental health insurance…<\/p>\n

View Full Resource <\/a><\/div>\n","protected":false},"featured_media":0,"template":"","solution":[12,14,17],"customers":[302],"partners":[],"solution-categories":[],"class_list":["post-67895","press","type-press","status-publish","hentry","solution-billing","solution-claims","solution-policy","customers-physicians-mutual"],"acf":[],"yoast_head":"\nPhysicians Mutual Launches Pet Insurance with Majesco\u2019s P&C Core Suite<\/title>\n<meta name=\"description\" content=\"Morristown, NJ \u2013 June 22nd, 2022\u00a0\u2013 Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Physicians Mutual Launches Pet Insurance with Majesco\u2019s P&C Core Suite\" \/>\n<meta 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