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As catastrophic events seem to be on the rise, methods for dealing with catastrophic risk are also on the rise. Insurers now have the ability to know more than ever about their overall level of risk, meaning that they should also be able to mitigate those risks by encouraging preparation among their insured individuals, families and businesses.  Can insurers keep the hail and hurricanes from doing major damage? Just how much can be saved through preventive communication? With GPS, property data and digital channels for two-way communication, insurers should be lowering risk and losses in dramatic ways.

Many large employers use employee benefit packages as part of their approach to reward their employees and keep them motivated. Given the size and diversity of their workforces, employers frequently opt for cafeteria-style benefits, where the employees can choose the benefits that are most suited to their lifestyle and support the choices they made, rather than have to put up with a one-size-fits-all benefit approach. This enables employers to provide a far more personalized collection of benefits to the employee, thus strengthening the relationship between employer and employee.

Relationship to bring insurance innovation and business transformation to the Life & Annuity and Group insurance market NEW YORK–(BUSINESS WIRE)–Capgemini today announced it has signed an alliance partner agreement with Majesco (NASDAQ:MJCO), a global leader of core insurance software for insurance business transformation. In the agreement, Capgemini will bring its extensive insurance innovation, customer service and digital capabilities to implementations of the Majesco Life & Annuity.

Relationship to bring insurance innovation and business transformation to the Life & Annuity and Group insurance market.

Capgemini today announced it has signed an alliance partner agreement with Majesco (NASDAQ:MJCO), a global leader of core insurance software for insurance business transformation. In the agreement, Capgemini will bring its extensive insurance innovation, customer service and digital capabilities to implementations of the Majesco Life & Annuity (L&A) and Group Core Suite for insurance carriers in the life, annuity, group, worksite, and voluntary benefits market, helping them to achieve speed to value.

The consultant will serve as an implementation partner for Majesco Life & Annuity (L&A) and Group Core Suite for insurance carriers in the life, annuity, group, worksite, and voluntary benefits market.

Majesco, a global provider of cloud insurance software solutions for insurance business transformation, is delighted to announce that it has signed an agreement with Foresters Friendly Society to deliver full, end-to-end policy lifecycle support for their digital strategy. The Society will implement Majesco’s SaaS solutions, including Life AdminPlus, Life DistributionPlus, and Life IllustratePlus, to meet their strategic business objectives.

New Majesco research clearly reveals rising consumer expectations for a new era of insurance. Leaders will rapidly adapt to what customers want and expect, rather than requiring customers to adapt to the way insurance has always worked.