{"id":77454,"date":"2024-09-10T09:00:00","date_gmt":"2024-09-10T13:00:00","guid":{"rendered":"https:\/\/staging.majesco.com\/?post_type=press&p=77454"},"modified":"2024-09-27T10:54:08","modified_gmt":"2024-09-27T14:54:08","slug":"majesco-to-demonstrate-majesco-copilot-at-the-2024-celent-genai-symposium","status":"publish","type":"press","link":"https:\/\/staging.majesco.com\/?press=majesco-to-demonstrate-majesco-copilot-at-the-2024-celent-genai-symposium","title":{"rendered":"Majesco to Demonstrate the Power of its GenAI Assistant, Majesco Copilot, Setting New Operational Benchmark in Insurance at the 2024 Celent GenAI Symposium"},"content":{"rendered":"\n

Morristown, NJ \u2013 September 10th<\/sup>, 2024 \u2013 <\/strong>Majesco<\/a>, a global leader of cloud insurance solutions for insurance business transformation, today announced its participation in the Celent GenAI Symposium 2024, taking place on September 18th<\/sup>, 2024, at the Westin Times Square in New York. This premier event will gather industry leaders to explore the latest advancements in generative AI and its profound impact on the insurance sector.<\/p>\n\n\n\n

Majesco will play a key role in the symposium\u2019s agenda, with Manish Shah, President and Chief Product Officer, delivering a keynote session for insurance titled \u201cFrom Automation to Innovation: How Generative AI is Reshaping the Insurance Landscape.\u201d<\/em> Scheduled from 1:30 to 2:00 PM, this session will delve into the transformative impact GenAI will have on the insurance industry with videos showing real, impactful use cases. Attendees can expect to learn how generative AI is optimizing operations and improving productivity by 10-20 times to positively impact expense ratios, bending the learning curve for employees, and revolutionizing customer service through AI-driven chatbots that enable impactful support and results. Attendees will gain insights into how this cutting-edge technology is driving innovation, improving profitability, and unlocking new efficiencies in the insurance sector.<\/p>\n\n\n\n

\u201cBased on a recent survey of North American insurers Celent has seen a dramatic increase in the application of generative AI across the insurance value chain. Majesco, one of the first core solution providers to incorporate generative AI into its solution, has provided their clients the benefit of realizing significant efficiency gains in key operational areas since early 2023,\u201d says Keith Raymond, Principal Analyst at Celent. \u201cBeing an early adopter has provided Majesco with great insights into both the advantages and challenges of generative AI. My fireside chat with Manish will provide insurers with thought provoking insights and observations from what Majesco has learned along the way and how these learnings will influence the future application of generative AI to enhance automation along the insurance value chain.\u201d<\/p>\n\n\n\n

In addition to the keynote, Majesco will have a strong presence in the exhibit hall, where attendees can visit our table (#1) to engage with our team and witness live demonstrations of our latest intelligent solutions. Majesco has embedded analytics, including GenAI in the entire portfolio of solutions. These demos will highlight how Majesco\u2019s innovations are streamlining processes, reducing costs, and accelerating processing times, thereby empowering insurers to better serve their customers and stay competitive in a rapidly evolving marketplace.<\/p>\n\n\n\n

\u201cWe are thrilled to be part of the GenAI Symposium and to showcase how Majesco\u2019s intelligent solutions and Copilot, the first and only GenAI assistant, is driving significant advancements in the insurance industry,\u201d says Manish Shah. \u201cThis event provides a fantastic platform for us to demonstrate our commitment to innovation and to connect with industry peers who are equally enthusiastic about the future of insurance.\u201d<\/p>\n\n\n\n

For more information about Majesco\u2019s participation at the GenAI Symposium, or to schedule a demo at our exhibit table, please visit www.majesco.com<\/a> or contact us directly.<\/p>\n\n\n\n

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

Majesco is the partner P&C and L&AH insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what is next, without losing sight of what\u2019s important now. Over 350 insurers, from MGAs, greenfields and startups to some of the world\u2019s largest insurers and reinsurers, rely on Majesco\u2019s intelligent SaaS platforms solutions, with GenAI powered insurance data analytics<\/a>, of core, data, analytics, distribution, underwriting, loss control, 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 1000+ successful implementations and 90% of our customers in the cloud 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 September 10th, 2024 \u2013 Majesco, a global leader of cloud insurance solutions for insurance business transformation, today announced its participation in the Celent GenAI Symposium 2024, taking place on September 18th, 2024, at the Westin Times Square in New York. This premier event will gather industry leaders to explore the latest advancements…<\/p>\n

View Full Resource <\/a><\/div>\n","protected":false},"featured_media":0,"template":"","solution":[245,15,247,250,251],"customers":[],"partners":[409],"solution-categories":[],"class_list":["post-77454","press","type-press","status-publish","hentry","solution-business-transformation","solution-data-analytics","solution-innovation","solution-market-trends","solution-platform-technologies","partners-celent"],"acf":[],"yoast_head":"\nMajesco to Demonstrate the Power of its GenAI Assistant, Majesco Copilot, Setting New Operational Benchmark in Insurance at the 2024 Celent GenAI Symposium<\/title>\n<meta name=\"description\" content=\"Morristown, NJ \u2013 September 10th, 2024 \u2013 Majesco, a global leader of cloud insurance solutions for insurance business transformation, today announced its\" \/>\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 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