Majesco (NYSE American: MJCO), a global provider of core insurance software and consulting services for insurance business transformation, announced the release of the Majesco L&A and Group Suite. The new suite, version 10.0, includes Majesco L&A and Group Policy, Majesco L&A and Group Billing and Majesco L&A and Group Claims.
“Celent is seeing increased activity in back-office transformations,” commented Tom Scales, Head, America’s Life and Annuity, Celent. “This release of Majesco’s suite offers a single platform for both individual and group/voluntary, which can simplify an insurer’s environment. Their continued growth in digital capabilities enhances the value proposition.”
Unparalleled opportunities are unfolding in the L&A individual, group and voluntary benefits insurance segment, offering unprecedented opportunities for growth and innovation in terms of new markets, new customers, and the demand for new products and services. To enable insurers to capitalize on these opportunities, the new Majesco L&A and Group Core Suite provides a modern, robust core platform that enables speed to value, scales easily, and is designed and architected to rapidly adapt to market changes, keeping insurers at the leading edge of Digital Insurance 2.0. (read more)