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Majesco Releases New Version of Policy System for L&A and Group

Majesco announces the release of the latest version of Majesco Policy for L&A and Group v2017, which supports individual and group products—including true group, voluntary benefits, and worksite—on a single instance of a single software platform.

Majesco Policy for L&A and Group supports all tiers of individual and group insurers for life, annuity, disability, and other non-medical health products. While currently being implemented at existing clients, this version will be generally available as of February 2017.

This release focuses on extending individual and group capabilities that align to fast-changing market opportunities and dynamics with a growing interest in group and employee benefit products and markets. It also enhances support for the rapidly growing life insurance greenfield market with new products and services.  Key enhancements for group, life and overall include:

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