{"id":79254,"date":"2026-01-08T08:00:00","date_gmt":"2026-01-08T13:00:00","guid":{"rendered":"https:\/\/staging.majesco.com\/?post_type=press&#038;p=79254"},"modified":"2026-01-09T10:10:17","modified_gmt":"2026-01-09T15:10:17","slug":"majesco-closes-acquisition-of-vitech","status":"publish","type":"press","link":"https:\/\/staging.majesco.com\/?press=majesco-closes-acquisition-of-vitech","title":{"rendered":"Majesco Closes Acquisition of Vitech, Advancing Cloud and AI-Native Innovation for Insurance and Pension &amp; Retirement"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Morristown, NJ \u2013 January 8<sup>th<\/sup>, 2026 \u2013 <\/strong>Majesco, a leader in cloud-native and AI-native insurance technology for the P&amp;C and L&amp;AH markets, today announced the close of its previously announced acquisition of Vitech, a provider of cloud-native pension and benefits administration solutions. The transaction expands Majesco\u2019s leadership into the Group &amp; Benefits and Pension &amp; Retirement segments and strengthens its position as the category leader for next-generation core platforms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe are thrilled to officially welcome Vitech to Majesco,\u201d said Adam Elster, CEO of Majesco. \u201cThis is a powerful moment for our customers as we significantly expand into new markets and add capabilities and expertise to drive innovation, growth, and efficiency. We\u2019re bringing unmatched AI-leadership and expertise across P&amp;C, Group &amp; Benefits, and Pension &amp; Retirement to support our customers and the market in the new era.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>With the addition of Vitech, Majesco now offers an even broader product portfolio with expansion into the Pension &amp; Retirement market. The broader and more innovative portfolio of solutions help Majesco customers lower expense ratios, streamline complex operations, accelerate product innovation, and respond faster to evolving regulatory and customer demands. Together, Majesco\u2019s intelligent, cloud and AI-native solutions provide a future-ready platform to drive operational optimization, innovation, and growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis marks an important milestone for both organizations,\u201d said James Ousley, CEO of Vitech. \u201cOur combined talent and solutions portfolio create a powerful foundation to improve efficiency, extend capabilities, and prepare for a rapidly evolving market. We\u2019re excited to join Majesco and about the unique possibilities it brings to our customer base.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today\u2019s close marks the start of Majesco\u2019s next phase of growth, focused on delivering industry-leading, AI-native innovation and strengthening the technology foundation to the P&amp;C and L&amp;AH insurance and Retirement &amp; Pension markets to adapt, innovate, and compete in an increasingly complex landscape. Majesco recently <a href=\"https:\/\/staging.majesco.com\/press\/majesco-accelerates-pc-market-leadership-with-2026-ai-investment-surge\/\">announced<\/a> it is quadrupling its AI investment to accelerate its P&amp;C roadmap and extend customer value for the P&amp;C market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, CVC Funds have completed a minority investment in Majesco as part of this transaction. The additional resources will support the ongoing expansion and innovation across Majesco\u2019s AI-native product portfolio.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kirkland &amp; Ellis LLP served as legal advisor to Majesco and Thoma Bravo. White &amp; Case LLP served as legal advisor to CVC Capital Partners. RBC Capital Markets acted as financial advisor to Vitech.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">About Majesco<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Majesco isn\u2019t just riding the AI wave \u2013 we\u2019re leading it for the P&amp;C and L&amp;AH insurance industry. Born in the cloud and built with an AI-native vision, we\u2019ve reimagined the insurance core as a platform that lets insurers move faster, see farther, and operate smarter. As leaders in intelligent SaaS solutions, we\u2019ve embedded AI and Agentic AI throughout our robust product portfolio of core, underwriting, loss control, distribution, and digital solutions so our customers can reimagine their business with real-time business insights, optimized operations, and enhanced business outcomes. Everything we build is designed to strip away complexity and let our clients focus on what matters: delivering exceptional products, experiences, and outcomes. In a world where change is constant, our native-cloud SaaS platform empowers insurers the agility to adapt to market and risk shifts quickly, reshape their operational cost structure, accelerate innovation readiness, and rethink how insurance can be done with the intelligence to stay ahead. With 1000+ implementations, we are the AI insurance leader that over 350 insurers, reinsurers, MGAs rely on to rethink how insurance can be done in today\u2019s modern era of insurance. Break free from the past and build the future of insurance at <a href=\"https:\/\/staging.majesco.com\">www.majesco.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Morristown, NJ \u2013 January 8th, 2026 \u2013 Majesco, a leader in cloud-native and AI-native insurance technology for the P&amp;C and L&amp;AH markets, today announced the close of its previously announced acquisition of Vitech, a provider of cloud-native pension and benefits administration solutions. The transaction expands Majesco\u2019s leadership into the Group &amp; Benefits and Pension &amp;&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-closes-acquisition-of-vitech\">View Full Resource <\/a><\/div>\n","protected":false},"featured_media":0,"template":"","solution":[245,14,19,251],"customers":[],"partners":[],"solution-categories":[],"class_list":["post-79254","press","type-press","status-publish","hentry","solution-business-transformation","solution-claims","solution-digital","solution-platform-technologies"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Majesco Closes Acquisition of Vitech, Advancing Cloud and AI-Native Innovation for Insurance and Pension &amp; Retirement<\/title>\n<meta name=\"description\" content=\"Morristown, NJ \u2013 January 8th, 2026 \u2013 Majesco, a leader in cloud-native and AI-native insurance technology for the P&amp;C and L&amp;AH markets, today\" \/>\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=\"Majesco Closes Acquisition of Vitech, Advancing Cloud and AI-Native Innovation for Insurance and Pension &amp; 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