LifePlus Solutions > Life DistributionPlus

MANAGE MULTIPLE
DISTRIBUTION CHANNELS

On a Single,
Configurable Platform

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Life DistributionPlus

Majesco Life DistributionPlus Capabilities

Optimise existing distribution and rapidly launch new channels

Complex made simple

Manage multiple categories and hierarchies in one unified, flexible and scalable system

Flexible compensation management

Flexible fee structure and commission calculations with automated reporting and payments

Improved operational effectiveness

Streamline business processes and reduce risk of exposure or fraud

Enhanced customer service

Real-time SaaS system with online self-servicing, multi-currency and multi-language environment

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Majesco Life DistributionPlus

Quickly launch and expand your distribution strategies

Agent-centric model

An agent-centric model for supporting multi-dimensional hierarchies and individualised commission and fee structures
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
Reduction in operational risk with an automated functionally complete solution

Enable compensation models

Real-time, automated processing and adjustment of multiple compensation plans such as flat commissions, transactional and percentage commission structures
All forms of automated compensation calculation and payment including bonuses, uplifts, and thresholds.
Automated regulatory validation of distributors and reporting
Documentation, statement and email configuration

Complete transactional view

Integrated with your entire ecosystem to see complete transaction status, rollbacks, reapplication and history
Replacement of legacy systems / spreadsheets with a single solution
Automated reporting, reconciliation and audit capabilities

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Delivery and Solutions for Consulting Services for Life DistributionPlus Solutions

Ensure delivery success as you transform your business

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Meet our customers who own the future of individual insurance

AXA Life Invest experienced some challenges with respect to the management of commissions and fees paid to its partners and approached Majesco to provide an enterprise solution for the management of fees and commission going forward. In a few short months, our relationship with Majesco has developed and we are pleased to have taken this next step with them.

Tom Lane, Head of IT at AXA Life Invest

See the story

Having decided to launch a Lifetime ISA we wanted to use a future-proofed cloud-based policy administration platform to support the product. The OneFamily Lifetime ISA product is now available to the public and we are pleased with the flexibility and process efficiencies provided by Majesco Life AdminPlus.

Rachael Atkinson, Director of Enterprise Services at OneFamily

Read about OneFamily’s transformation

Life DistributionPlus Resources

A 2D Strategy: Distribution & Digital for High Performance

Digital channels in industries like retail are setting new customer expectations

Discover how

Multi-Channel Distribution Mastery Report From Majesco & Denim®

Meet changing customer demands with the right channels, technologies, and partners

Get the report

New Distribution Channels & New Data for Innovative Outcomes

How does your experience measure up with the Amazons, Apples and Googles of the world?

Get the answer

New Channels, New Data for Innovation

Insurers need to think like Google to make their data work for them

See why

The Future of Insurance starts with Life DistributionPlus Solutions

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MANAGE MULTIPLE DISTRIBUTION CHANNELS

On a Single, Configurable Platform