Press Release

"We are delighted to announce AXA Life Invest has gone live with Majesco Europe’s flagship product Majesco Life IllustratePlus. As a worldwide leader in insurance and asset management, AXA Life Invest requires its software to be of equal standard to allow it to deliver the best and most efficient service to its clients and IFA’s. Majesco is proud to have helped it achieve this goal,” stated Philip Naughton, Executive Director Business Development at Majesco. “Today’s announcement is an important milestone, which follows a sixteen week implementation with AXA Life Invest. Majesco Life IllustratePlus will deliver significant service improvements and cost savings including Straight Through Processing to AXA Life Invest,” commented Philip Naughton. Majesco Life IllustratePlus is a highly flexible, web-based insurance illustration software solution that supports new and existing business across all products for life, pensions, wealth management, group and individual business. This launch is part of a five year deal involving the implementation of Majesco Life IllustratePlus across AXA Life Invest’s Irish operations to support its European business. Tom Lane, Head of IT at AXA Life Invest, commented “We took the decision to seek out a replacement illustration capability as our current system was constraining our ability to innovate and to launch new products to a rapidly changing market. With the help of Majesco and its solution Majesco Life IllustratePlus, we now have a system which removes these concerns and supports future planned business growth.” Philip Naughton commented “It is another endorsement that Majesco Life IllustratePlus is the leader in the market for illustrations and quotations to blue chip companies. We trust that this is a partnership that will grow stronger over the coming years as we help to support AXA Life Invest’s growth and success.”