Majesco Announces Trailblazing New AI Ecosystem Using Majesco Copilot with an Initial Cadre of Innovative AI Partners
Press Release
Morristown, NJ – September 12th, 2024 – Majesco, a global leader of cloud insurance platform software for insurance business transformation, is thrilled to announce the establishment of a new AI specific ecosystem leveraging Majesco Copilot to embed other industry models into Majesco Solution workflows with an initial cadre of partners.
“This new AI ecosystem introduces a rapid approach to integrate via Majesco Copilot with some of the most compelling and impactful solutions in the industry for our customers to deepen the intelligence at their fingertips,” commented Manish Shah, Chief Product Officer and President at Majesco. “We were an early pioneer in creating an ecosystem of partners with API integrations but are now taking the concept to a new level specifically for AI partners leveraging our GenAI foundation. We are excited to bring this to our customers and industry, creating greater value for everyone.”
Majesco is leading the industry in embedding their data and analytics into all their solutions, creating intelligent solutions. The data and analytics infrastructure foundation provides real-time access to all the data and information from Majesco solutions, creating a powerful base to further embedding intelligence through AI partners. Majesco Copilot, which is available on every screen of Majesco solutions, will have the capability to call an AI partner solution at an appropriate time in the workflow.
Initial AI partners include:
- Charlee AI – Litigation, severity and fraud AI predictive solutions for P&C
- CyberCube – AI-driven cyber risk quantification for the insurance industry
- Fenris – Prefill data and AI predictive algorithms for auto, property, commercial and life insurance
- Gradient AI – AI solutions for P&C and L&AH for underwriting and claims
- CoreLogic® – AI enhanced solutions for property insurance and climate risk analysis
The benefit for Majesco customers is ease of integration of other market-leading and unique AI models for use to deepen the intelligence of the Majesco solution when and where they need it. Our AI ecosystem partners will benefit by leveraging Majesco’s infrastructure and Majesco Copilot GenAI capabilities.
“We were an early partner with Majesco in their ecosystem and are really excited about this new approach to leverage Majesco’s data and analytics foundation that provides access to all the data and GenAI to embed intelligence into the workflow, a truly innovative approach” commented Sri Ramaswamy, Founder and CEO of Charlee AI.
Majesco remains committed to leading the industry with innovative solutions and looks forward to more opportunities to engage with partners to shape the future together.
About Majesco
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’s important now. Over 350 insurers, from MGAs, greenfields and startups to some of the world’s largest insurers and reinsurers, rely on Majesco’s 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.
As an industry leader, we don’t 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.
For more information, please visit www.majesco.com and follow us on LinkedIn.