SPARK Matrix™: Life Insurance Policy Administration Systems, Q4 2025

Majesco’s Life, Annuity & Health (L&AH) Intelligent Core Suite delivers a comprehensive, cloud-native solution that unifies policy administration, billing, and claims management, providing insurers with a seamless and flexible foundation. Built on a cloud-native, API-first, event-driven, contaniarized architecture, the suite offers an extensive library of configurable product templates, workflows, and business rules to support diverse individual, group, voluntary, and worksite insurance products, accelerating time-to-market. Embedded analytics and generative AI, powered by Majesco Copilot and Agentic AI agents, automate complex processes such as underwriting, billing adjustments, claims adjudication, and exception management, enhancing operational efficiency, reducing manual intervention, and enabling real-time decision support. With open APIs and a scalable design, the suite integrates effortlessly with existing systems and partner ecosystems, enabling insurers to innovate rapidly and deliver personalized customer experiences across the full insurance lifecycle.