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Life AdvicePlus

Majesco Life AdvicePlus Capabilities

Automated solution for delivering personalised advice to customers at every stage of life

Customer engagement

Innovative channel for engaging directly with customers in the digital world

End-to-end experience

Complete advice value chain from fact-find and needs analysis to personalized recommendations

Speed to value

Modern, automated SaaS capability that helps insurers deliver on their digital strategies

Scalable over time

Ability to update and revisit needs and financial commitments over the customer’s life span

Majesco Life AdvicePlus

Rapidly launch new, innovative products with a modern digital experience

Holistic financial view

  • Self-directed journey with financial health visualizations at the individual portfolio level
  • Straight-through processing to policy administration system
  • Supports cross product robo-advice
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Client-driven recommendations

  • Shortfall analysis in points of time with recommendations driven by client goals
  • Improved customer service through online illustrations, straight through processing and calculations and faster turnaround times on quotations, alterations and new products.
  • SaaS (Software as a Service) – subscription-based licence model with option of cloud-based deployments which provides cost savings, flexibility and regulatory compliance
  • Lower total cost of ownership – subscription based pricing
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Full digital journey

  • From financial health check to recommendation to quotation and purchase
  • It supports a shift to digital distribution
  • It also supports life and pensions provider’s digital transformation strategy
  • SaaS (Software as a Service) – subscription-based licence model with option of cloud-based deployments which provides cost savings, flexibility and regulatory compliance
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Delivery and Solutions for Consulting Services for Life AdvicePlus Solutions

Helping you achieve implementation success

Meet our customers who own the future of individual insurance

Acorn Life DAC needed a solution that would reduce the cost of its direct sales process whilst simultaneously increase efficiency and customer satisfaction. After researching the market, Majesco had by far the best online and offline digital advice solution of any software provider. Life AdvicePlus allows Acorn Life DAC to process electronic applications straight through to the back office with improved customer service, whilst also providing significant cost reductions.

Gerard Ryan, Operations Director at Acorn Life DAC

Foresters Friendly Society needed to replace our existing IT applications in order to support our business strategy, to achieve sales growth and to reduce maintenance costs. In addition, we needed a partner who could provide a high level of configurability within the solution, so we can bring a wide range of products to market quickly and rely on Straight Through Processing to ensure the service we provide is as efficient as possible for our members. We are pleased to find these capabilities with our new partner Majesco. Their SaaS solutions will allow us the flexibility and efficiencies we need to help achieve our business goals whilst maintaining our excellent member satisfaction levels.

Grant Streader, Head of Insurance Operations at Foresters Friendly Society

Police Mutual continues to invest in new solutions to better benefit our members. We chose Majesco for the quality of its technology, together with its business expertise.

David Loughenbury, CIO at Police Mutual

Life AdvicePlus Resources

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The Future of Insurance starts with Life AdvicePlus Solutions