{"id":78482,"date":"2025-04-30T09:00:00","date_gmt":"2025-04-30T13:00:00","guid":{"rendered":"https:\/\/staging.majesco.com\/?post_type=press&p=78482"},"modified":"2025-05-05T10:39:24","modified_gmt":"2025-05-05T14:39:24","slug":"majesco-intelligent-policy-for-p-and-c-named-luminary-in-celent-report","status":"publish","type":"press","link":"https:\/\/staging.majesco.com\/?press=majesco-intelligent-policy-for-p-and-c-named-luminary-in-celent-report","title":{"rendered":"Majesco Intelligent Policy for P&C Named Luminary in Celent Report, Wins Two XCelent awards, Advanced Technology and Breadth of Functionality in Celent\u2019s \u201cPolicy Administration Systems Vendors: North American P&C Insurance, 2025 Edition\u201d Report"},"content":{"rendered":"\n

Morristown, NJ,<\/strong> April 30th<\/sup>, 2025<\/strong> \u2013 Majesco, a global leader in cloud insurance software, is proud to announce that Majesco Intelligent Policy for P&C has been recognized as a Luminary in Celent\u2019s \u201cPolicy Administration Systems Vendors: North American P&C Insurance, 2025 Edition.\u201d The solution earned two XCelent awards \u2013 one for Advanced Technology and another for Breadth of Functionality for the North America region, bolstering Majesco\u2019s leadership in the P&C market.<\/p>\n\n\n\n

Celent\u2019s report offers an in-depth evaluation of P&C policy administration systems across functionality, customer bases, lines of business support, technology, implementation, pricing, and support. Majesco Intelligent Policy for P&C was included in the detailed technical capability matrix assessment which has five classifications based on the sophistication and breadth of its technology and functionality for the Technical Capability Matrix, with Luminary top recognition.<\/p>\n\n\n\n

\u201cMajesco Intelligent Policy for P&C has achieved notable recognition as a Luminary in Celent\u2019s Technical Capability Matrix and for receiving both the XCelent Award for Advanced Technology and the XCelent Award for Breadth of Functionality in the policy admin domain,\u201d said Karlyn Carnahan, Head of Celent\u2019s North American Insurance practice. \u201cWith a strong, comprehensive policy admin platform, Majesco empowers insurers to leverage advanced capabilities including embedded analytics such as its advanced GenAI capabilities, customizable PowerBI reporting, AI models such as Property Intelligence, access to all operational data in the data lake, efficient ISO circular capabilities, and access to pre-integrated third-party solutions through the EcoExchange marketplace. This unleashes insurers’ operational efficiency, productivity and innovation while advancing customer experiences with the advanced technology and seamless integration.\u201d<\/p>\n\n\n\n

\u201cWe are honored to be recognized as a Luminary once again by Celent,\u201d said Manish Shah, Chief Product Officer, and President at Majesco. \u201cOur continued investments in GenAI capabilities have allowed us to deliver a compelling comprehensive business solution that enhances operational efficiency, productivity, and customer experience. Majesco has been at the forefront of AI-led innovation by taking a significant leap forward, moving from insights to operational impact. With features like a Microsoft Copilot-based chatbot for policy renewals and endorsements, customizable PowerBI reporting, and access to pre-integrated third-party solutions through the EcoExchange marketplace, we are laser-focused, driving innovation and business value for our clients. We are committed to continuous innovation, delivering advanced and transformative capabilities that shape the future of insurance for our customers and the industry.”<\/p>\n\n\n\n

Majesco Intelligent Policy for P&C<\/a> is a next-gen policy platform built to support business transformation and rapid growth. It enables insurers to quickly create and launch products tailored to emerging customer needs and market risks. With embedded GenAI across the solution and tools like the Microsoft Copilot-based chatbot, Policy for P&C provides carriers with agility, innovation, and speed, while offering a lower risk model in terms of investment, operating costs, and scalability. It is part of the industry leading Majesco Intelligent Core Suite for P&C<\/a><\/ins>.<\/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, 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, April 30th, 2025 \u2013 Majesco, a global leader in cloud insurance software, is proud to announce that Majesco Intelligent Policy for P&C has been recognized as a Luminary in Celent\u2019s \u201cPolicy Administration Systems Vendors: North American P&C Insurance, 2025 Edition.\u201d The solution earned two XCelent awards \u2013 one for Advanced Technology and another…<\/p>\n

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