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LifePlus Solutions

TOMORROW’S LIFE
INSURANCE SOLUTIONS

For Individual Life,
Pensions and Wealth
in Europe

LifePlus Solutions

LifePlus Solutions

Full SaaS policy lifecycle from customer fact-find through payment of a claim

Innovative robo-advice

SaaS robo-advice solution with financial lifestyle recommendations for every stage of life

Real-time illustrations

Client-centric, real-time, scalable online illustrations and quotations system

End-to-end customer journey

Full policy lifecycle administration for the end-to-end customer journey

Optimised distribution channels

Automated, full channel distribution and compensation management

Engage a new generation of customers

Deliver new products and innovative experiences through modern, flexible, and rules-based insurance solutions

Faster time to market

  • Launch new products in 24-48 hours by configuring them using the Product Development Application (PDA)
  • Ensure faster delivery – across multiple channels with minimal risk and investment
  • Rapid implementation – can be implemented in industry beating timeframes.
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Reduced costs

  • Lower Costs of Ownership – Majesco’s LifePlus SaaS solutions are subscription based, and subsequently there is no significant outlay for large hardware purchases or IT infrastructure, and no large upfront licence fees. Our clients pay for what they need, thus lowering the total cost per policy.
  • Reduced administrative costs via Straight Through Processing (STP).
  • Delivers cost savings and process efficiencies – reduce transaction costs and increase process efficiencies by reducing manual processes and duplicate data entry.
  • Pay-As-You-Go – Avail of accurate budgeting and predictable transparent costs with Majesco’s LifePlus SaaS solutions as part of the subscription service. Pay only for what you use, thus also lowering the cost per policy.
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Improved customer experience

  • Improved customer service experience – faster turnaround, reduced errors, improved data quality for enhanced customer service
  • Work Anywhere Anytime – All Majesco’s LifePlus solutions are available to end-users via the internet on their smart devices so they can do business anywhere anytime whether they are on the road or in the office.
  • Ensure faster delivery – across multiple channels with minimal risk and investment
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Delivery and Consulting Services for LifePlus Solutions

Helping you achieve implementation success

Meet our customers who own the future of individual life insurance.

We look forward to realising the many benefits of our new robust system such as the ability to launch new products quickly, giving us a distinct advantage over our competitors. Admin Plus and Illustrate Plus will be the cornerstone of our channel choice strategy providing a higher quality service to all our members via Straight Through Processing and tailored products.

David Loughenbury, CIO at Police Mutual

OneFamily was looking for a modern, future-proofed back office administration system, based on the Microsoft technology stack. One of our main criteria when researching solution providers was that the chosen solution must be cloud based. With Majesco we found a market leading partner that could provide everything we were looking for and we look forward to a successful implementation in the coming months.

Rachael Atkinson, Director of Enterprise Services at OneFamily

LifePlus Solutions Resources

Answering the “Build Versus Buy” question.

Should insurance technology be bought or built in-house?

Get the research

Real-time Data & UK Policy Administration

Is your PAS choking your customer driven strategy?

Explore our insights

Alexa... Should I do a fund switch?

Can voice AI help with financial fact-finding and benefit life insurance technology?

Learn how

EU puts PEPP in the step of Digital Delivery of Pensions

The deadline to adopt the Pan-European Pension Product framework is looming.

What’s next?

The Future of Insurance Starts with LifePlus Solutions