Life, Annuity & Health
Life, Annuity & Health Insurance Solutions
Accelerate Your Transformation Journey
Tremendous changes are underway in the L&AH and Group insurance industry. Keeping up with the changes – and taking advantage of the opportunities – requires a shift to next-gen core systems that embrace platform technologies, including cloud, APIs, microservices, artificial intelligence or machine learning and ecosystems.
Next-Gen Platform for L&AH and Group
Built for Individual, Group, and Voluntary Benefits to enable business growth and enable the customer’s lifecycle.
Forward-Thinking
Innovative capabilities for developing products and experiences that can change the game.
Cloud-Enabled
Cloud-enabled and complete with expert services for a true competitive advantage.
Digital Ready
Create powerful digital experiences that improve interactions between insurers, partners, customers, and channels.
Insurance Solutions
FAQ
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. Many 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 Majesco 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.
