Life, Annuity & Health
Life, Annuity & Health Insurance Solutions
Accelerate Your Transformation Journey
Tremendous changes are underway in the L&AH and Group insurance industry. Keeping up with the changes – and taking advantage of the opportunities – requires a shift to next-gen core systems that embrace platform technologies, including cloud, APIs, microservices, artificial intelligence or machine learning and ecosystems.
Next-Gen Platform for L&AH and Group
Built for Individual, Group, and Voluntary Benefits to enable business growth and enable the customer’s lifecycle.
Forward-Thinking
Innovative capabilities for developing products and experiences that can change the game.
Cloud-Enabled
Cloud-enabled and complete with expert services for a true competitive advantage.
Digital Ready
Create powerful digital experiences that improve interactions between insurers, partners, customers, and channels.
“Majesco’s ability to provide a unique, unified platform that offers support for various lines of businesses that are inclined towards both Life and Annuity and Property and Casualty.”
Nehan Jain, Analyst, Quadrant Knowledge Solutions
Insurance Solutions
FAQ
An itelligent core suite includes policy, billing and claims components that are pre-integrated across the three, providing a solution that supports the end-to-end lifecycle of a policy.
The underpinnings of any overall improvement come back to innovation and technology. Many growth- and operational-oriented areas like digital experience, new products, fluidless underwriting, a back-office refresh, touchless claims and new channels, require investments. The next generation of technology like Majesco L&AH Core Suite is maturing – Cloud, API, and microservice-based solutions that are rich in capabilities and content to meet an ever-changing market.Intelligent
Using a single intelligent core platform for individual and group / benefits provides the ability for insurers to grow and retain customers regardless of where they initially start. Voluntary benefits are increasingly popular and offer insurers an opportunity to port a benefit to an individual product when employees leave their employment but want to retain their insurance. A single platform allows insurers to do this, rather than having multiple systems that do not support customer centricity and increase costs.
