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SEIZE NEW
MARKETS
AND NEW
CUSTOMERS

With a Cutting-Edge Policy
Management System

Policy For L&A And Group

L&A and Group Business Capabilities

Business capabilities to seize opportunities in a hyper-competitive market.

Innovative and Flexible Product Design

Innovative product chasis with “pick and choose feature” flexibility

Powerful Rating and Case Management

Gain speed and agility with powerful, highly configurable underwriting and policy management

Touchless administration with straight through processing

Operational excellence with a robust, “always on” platform and intuitive dashboards

Digital first design with expansive API ecosystem

Hundreds of APIs for access to all policy functionality in one platform

A POWERFUL PLATFORM TO EXECUTE BOLD STRATEGIES FOR BUSINESS GROWTH

A customer-centric solution that rapidly adapts to market changes – keeping individual, group and voluntary benefits insurers at the leading edge

POWER, FLEXIBILITY AND SPEED

Customer-Centricity to Capture, Retain and Grow Customers

  • Innovative chassis design
  • Product breadth, depth and flexibility with “pick and choose” features
  • Enhanced underwriting excellence
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Robust, ready to use capabilities

Optimized, Full Lifecycle with Out-of-the-Box Capabilities

  • Rapid launch of new products or group plans
  • Powerful rating engine for complex algorithms
  • Out-of-the-box product templates, rules, calculations, workflows and optimized STP
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Intuitive dashboards

Dashboard-Driven Business Views

  • 360 degree dashboard for every claim
  • Dashboard-driven transactions for exceptions
  • Graphical payroll deduction calendars
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Powerful case management

Case management for work assignments, queues and skill based adjudications

  • Powerful case management for work assignments, queues and skill-based adjudications
  • End-to-end claims management from intake to settlement and payment
  • Case-driven straight through processing and exception workflow
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Delivery and Consulting Services for L&A and Group

Ensure delivery success as you transform your L&A insurance business

Meet the leaders who own the future of L&A and Group insurance

This is a logical next step for the life and group insurance market. The changes in the group market, both health insurance and voluntary benefits, is pushing insurers to rethink their operational and business models, particularly their ability to react quickly. The implementation of a separate rating engine, particularly in the cloud, offers insurers great value in this competitive market.

Tom Scales, Research Director, Americas Life and Health Insurance practice at Celent

As the industry and our customers rapidly embrace digitalization, we recognize the need to radically improve our technology footprint. In doing so, we’ll be able to expand the reach of our organization to better serve and engage with all of our constituents while optimizing our performance. After a long and arduous assessment, we determined that Majesco’s vision, strategy, team and solutions align with our business today and in the future. We look forward to our implementation and the value it will bring to our customers and employees.

Jim Pate, President and CEO at APL

After an in-depth evaluation, we decided to partner with Majesco. Based on their experience, expertise and investment in digital and core platforms created specifically for the insurance industry, we are confident that Majesco will play a significant role in enhancing our overall business environment to position us for growth and will help us serve our customers more effectively in this fast changing dynamic market.

Yongtae Kim, Director and Chief Operating Officer at PFI Mega Life

POLICY FOR L&A AND GROUP RESOURCES

Start Your Journey to Growth and Innovation Now

Modernize your business and launch new products demanded by a new era of customers

Learn how

Elevate Customer Centricity

Capture, nurture and retain customers on their life journey as individuals and employees

Get the report

Lead in a Time of Market Change

Leadership with the right solutions matter

See how

Speed your success

Increase your business velocity to compete in an era where speed to market matters.

Listen to the podcast

The Future of Insurance starts with Majesco Policy for L&A and Group