Press Release
Morristown, NJ – August 13, 2019 – Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced the launch of their Future of Insurance: Ecosystem Partners Podcast Series.
In each episode, host Denise Garth, SVP of Strategic Marketing and Innovation at Majesco, talks to business leaders from InsurTechs and other innovative companies about how they’re partnering with Majesco and the industry to bring exciting technologies like chatbots, IoT, new data sources, AI/machine learning and others to insurance – and why these partnerships are rapidly becoming the way of the future.
How has InsurTech changed over the last three years and what has been the impact for insurance?
How are you thinking about the future of insurance?
How can insurers create a vision to survive and thrive these paradigm shifts?
“At Majesco we continue to identify ways to provide thought provoking, engaging, inspiring and challenging insights on the fast-paced, always-changing insurance industry,” says Denise Garth. “The insurance industry has a community of innovative thinkers and influencers that we are collaborating with to reshape the future of insurance. Each 15 to 20 minute episode is full of engaging conversation that offers listeners a wealth of insights and ideas to meet the demands of tomorrow, today.”
Details of the first three podcasts are below:
Episode 1: Bob Frady, CEO of HazardHub
In this episode, Majesco’s Denise Garth talks to Bob Frady, CEO and Cofounder of HazardHub, an innovative InsurTech and Majesco ecosystem partner that creates easy-to-consume, leading-edge geospatial, hazard, and risk data.
Episode 2: Karolina Congdon, Manager of Partnerships & Alliances at SPLICE
Denise Garth talks to Splice’s Karolina Congdon about the value of partner ecosystems in insurance, and how leveraging APIs to partner with InsurTechs and other innovative companies to bring exciting new capabilities to insurance is rapidly becoming the way of the future.
Episode 3: Suzanne Monaco, Director of Strategic Alliances at CyberSource, a Visa Solutionv
Denise Garth and Suzanne Monaco discuss millennials and Gen X, the future of billing, and the companies who are embracing new technology and change – the ones who are actively driving forward the paradigm shift we’re seeing in the insurance industry.
You can access all the podcasts and other valuable thought leadership resources, including primary research, blogs, webinars and more on
www.majesco.com.
About Majesco
Majesco (NASDAQ: MJCO) provides technology, expertise, and leadership that helps insurers modernize, innovate and connect to build the future of their business – and the future of insurance – at speed and scale. Our platforms connect people and businesses to insurance in ways that are innovative, hyper-relevant, compelling and personal.
Over 200 insurance companies worldwide in P&C, L&A and Group Benefits are transforming their businesses by modernizing, optimizing or creating new business models with Majesco. Our market-leading solutions include CloudInsurer® P&C Core Suite (Policy, Billing, Claims); CloudInsurer® LifePlus Solutions (AdminPlus, AdvicePlus, IllustratePlus, DistributionPlus); CloudInsurer® L&A and Group Core Suite (Policy, Billing, Claims); Digital1st Insurance™ with Digital1st eConnect™, Digital1st EcoExchange™ and Digital1st Platform™ – a cloud-native, microservices and open API platform; Distribution Management, Data and Analytics and an Enterprise Data Warehouse. For more details on Majesco, please visit www.majesco.com.
Cautionary Language Concerning Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of management, are not guarantees of performance and are subject to significant risks and uncertainty. These forward-looking statements should, therefore, be considered in light of various important factors, including those set forth in Majesco’s reports that it files from time to time with the Securities and Exchange Commission and which you should review, including those statements under “Item 1A – Risk Factors” in Majesco’s Annual Report on Form 10-K.
Important factors that could cause actual results to differ materially from those described in forward-looking statements contained in this press release include, but are not limited to: integration risks; changes in economic conditions, political conditions, trade protection measures, licensing requirements and tax matters; technology development risks; intellectual property rights risks; competition risks; additional scrutiny and increased expenses as a result of being a public company; the financial condition, financing requirements, prospects and cash flow of Majesco; loss of strategic relationships; changes in laws or regulations affecting the insurance industry in particular; restrictions on immigration; the ability and cost of retaining and recruiting key personnel; the ability to attract new clients and retain them and the risk of loss of large customers; continued compliance with evolving laws; customer data and cybersecurity risk; and Majesco’s ability to raise capital to fund future growth.
These forward-looking statements should not be relied upon as predictions of future events and Majesco cannot assure you that the events or circumstances discussed or reflected in these statements will be achieved or will occur. If such forward-looking statements prove to be inaccurate, the inaccuracy may be material. You should not regard these statements as a representation or warranty by Majesco or any other person that we will achieve our objectives and plans in any specified timeframe, or at all. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. Majesco disclaims any obligation to publicly update or release any revisions to these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law.
