IBM Introduces Industry Platform Designed Specifically for Insurers
ARMONK, N.Y. – 11 Oct 2017: IBM (NYSE: IBM) today announced it is building an industry-first insurance platform on the IBM Cloud that aims to improve the processes and economics for new product development, underwriting, and benefits delivery.
Built in collaboration with MetLife (NYSE: MET) and Majesco (NYSE MKT: MJCO), the IBM Insurance Platform will feature cognitive computing, data analytics and integration and security capabilities designed to help insurers expand access to their products and capture new customers.
Majesco is a provider of core insurance technology software and IT services to insurance carriers (P&C and Life, Annuity, Group) globally. Majesco delivers proven software solutions and IT services in core insurance areas including policy administration, billing, claims and distribution.
Tara Dilzer Alexander
Director, Marketing Communications and Creative Services