MMG Insurance Live with Majesco Digital1st® Insurance Platform
Press Release
Implementation focused on a next generation agent portal for quoting
Morristown, NJ – October 28th, 2021 – Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that MMG Insurance Company, a long-term client of Majesco is live with a next-generation agent portal built on Majesco Digital1st® Insurance, a low-code/no-code digital insurance platform that seamlessly integrates with MMG’s implementation of Majesco P&C core Suite. MMG Insurance began their business transformation journey to replace their core legacy systems and modernize their agent-facing portal to support their future growth plans. They selected and implemented Majesco P&C Core Suite inclusive of policy, billing and claims as a foundational component replacing their legacy system. MMG was an early beta customer for Digital1st® Insurance, providing valuable feedback that has evolved the platform.
MMG Insurance has a long history of innovation and growth, both in premium volumes and in the types of products offered. From comprehensive personal lines products to a wide variety of commercial products tailored to protect small-to-medium-sized businesses, they offer a full portfolio of plans to meet the diverse insurance needs of individuals and businesses throughout their multi-region footprint. Throughout its more than 120-year history, MMG continues to be committed to superior service, innovation, technology, community involvement, ease of doing business and offering its independent agency partners and customers the unique options they need and deserve. They have received numerous awards including the 2018 Business Rules Excellence Winner, 2019 NAMIC Award in Innovation, 2020 Company of the Year in Maine by the Maine Insurance Agents Association for the 9th time, reflecting their focus on innovation, customer service and growth.
“As a long-term client of Majesco, we understand and share their drive for innovation and transformation,” says Stacy Shaw, Senior Vice President, Chief Information Officer at MMG. “Our early involvement as a beta client provided us the insight of how we could effectively use the digital platform to continue our business transformation, in this case with our agent portal. We’re thrilled to be extending our partnership and leveraging the next-gen capabilities of Majesco Digital1st® Insurance Platform which now allows our agents to rapidly complete quotes and seamlessly transfer information to Majesco Policy for P&C without any assistance, significantly making it easier to do business with MMG. This is just another step on our transformation journey.”
Majesco Digital1st® Insurance is a cloud-native, microservices and open API solution that provides a powerful digital experience, no code/low code and outside-in platform with a robust ecosystem of partner apps that can be leveraged through a wide variety of use cases ranging from high-fidelity portals over core systems to well-rounded omni-channel and omni-device customer and agent experiences enriched through heterogenous capabilities available through APIs and is pre-integrated with Majesco P&C Core Suite.
“We’re excited to deepen our partnership and are confident our mutual dedication to innovative insurance business solutions is key to helping MMG take advantage of market growth opportunities and differentiate themselves in the market,” says Manish Shah, President and Chief Product Officer at Majesco. “Majesco Digital1st® is yet another step in MMG’s business transformation journey to enable optimized operations, product innovation, speed to market, and new digital experiences that will keep them ahead of competition.”
About Majesco
Majesco is the leading software partner to both the P&C and L&A insurance markets to modernize, optimize and innovate their businesses at speed and scale. Over 330 insurers, from greenfields, start-ups and MGAs to the largest insurers, reinsurers and brokers use Majesco’s next generation SaaS platform solutions of core, data, and analytics, digital, distribution, absence management and a rich ecosystem marketplace of established and InsurTech partners to build the future of insurance.
Our technology, expertise and leadership help insurers innovate and connect to build the future of their business. With over 825 successful implementations and over 65% of our customers on Cloud with Majesco platform solutions, together we have an amazing track record of innovation and real-world results. For more details on Majesco, please visit www.majesco.com.