L&AH Core Suite
A Powerful Core Platform
A powerful core suite empowering business growth, digital acceleration and innovation for individual, group, voluntary benefits, and innovative new products on a single platform. Address legacy debt and accelerate digital transformation to meet the demands of customer centricity, operational effectiveness and new products and benefit plans that keep you at the leading edge.
Innovative Product Chassis
L&AH Core Suite delivers unprecedented agility, innovation, and speed to value with a single platform that allows you to rapidly create and modify products demanded by your customers. Leverage robust out-of-the-box capabilities with pre-defined and ready-to-use product features, templates, rules, calculations, and workflows with the ability to inherit and copy attributes for rapid innovation and launch. Achieve touchless administration through STP to help your organization realize true speed to value and competitive market position.
Achieve Customer Centricity
L&AH Core Suite provides deep customer insights for true customer centricity with intuitive 360-degree customer dashboards that provide information across policy, billing and claims to enhance customer experience and service. Leverage extensive user personalization, intuitive signposts and alerts, and expanded chatbots to automate your procedure documents as an online checklist that navigates through the screens and processes within and outside the Core Suite to optimize your operation.
L&AH Core Suite is a cloud insurance platform that delivers competitive differentiation at speed and scale at the right price. The suite helps carriers transform complexity into simple experiences that drive operational effectiveness and make innovation faster and easier.
L&AH Core Suite Solutions
Policy for L&AH
A powerful, single platform for individual, group, and voluntary benefits to grow your business and follow your customer’s life journey.
Billing for L&AH
A cutting-edge platform that transforms billing from a back-office function to a key enabler for customer experience and business success.
Claims for L&AH
Build speed, ease, and responsiveness into the claims process, creating a great customer experience while improving business outcomes.
Powerful Single Platform
A powerful single platform that supports individual, group, and voluntary benefits, supporting the portability of benefits to an individual product.
A robust library of pre-defined and ready-to-use product features, templates, rules, calculations, and workflows with the ability to inherit and copy attributes for rapid product innovation and launch.
Adapt to market changes rapidly, providing speed to value that keeps you in a leadership position.
Operational Power and Value
Realize true speed to value and achieve a competitive market position with optimized straight-through processing.
“Celent is seeing increased activity in back-office transformations. 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.”
Tom Scales, Head of Americas Life and Annuity at Celent
Rethinking Life Insurance
From a Transaction to a Life, Health, Wealth and Wellness Customer Experience Are You Ready for the Future of Insurance? Your Customers Are. The life insurance industry is rapidly changing and in order to keep pace businesses must adapt to demographic behaviors, market trends, and emerging technologies. However, as today’s digital customer seeks an innovative…
Strategic Priorities: Insurance Transformation Gains Momentum
The Future of Insurance Is Here. Are You Prepared? The industry is changing. The demand for speed, agility and innovation is essential to growing your business. How quickly your organization deploys these new strategic priorities determines your place among Leaders, Followers and Laggards. As leaders continue to take the necessary steps towards the next generation…
A core suite includes policy, billing and claims components that are pre-integrated across the three, providing a solution that supports the end-to-end lifecycle of a policy.
The underpinnings of any overall improvement come back to innovation and technology. Growth and operational-oriented areas like digital experience, new products, fluidless underwriting, a back-office refresh, touchless claims, and new channels, require investments. The next generation of technology like L&AH Core Suite is maturing – Cloud, API, and microservice-based solutions that are rich in capabilities and content to meet an ever-changing market.
Using a single core platform for individual and group/benefits provides the ability for insurers to grow and retain customers regardless of where they initially start. Voluntary benefits are increasingly popular and offer insurers an opportunity to port a benefit to an individual product when employees leave their employment but want to retain their insurance. A single platform allows insurers to do this, rather than having multiple systems that do not support customer centricity and increase costs.