Majesco Recognized as a Luminary in Celent’s “Claims Systems Vendors: North American P&C Insurance, 2022 Edition” Report

Press Release

Morristown, NJ, May 19th, 2022 – Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced that Majesco Claims for P&C has been recognized as a Luminary in Celent’s new Technical Capability Matrix in the “Claims Systems Vendors: North American P&C Insurance, 2022 Edition” report.

The report, which evaluated 23 core claims solutions, “provides an overview of their functionality, customer bases, lines of business supported, technology, implementation, pricing, and support.”

“A hearty congratulations to Majesco Claims for P&C for being recognized as a Luminary in our Technical Capability Matrix,” said Karlyn Carnahan, Head of Insurance, North America at Celent and co-author of the report. “The Luminary award is given only to those products that excel on both our Advanced Technology scale and our Breadth of Functionality Scale and is a recognition of the strength of an offering.”

“We are delighted to be recognized by Celent as a Luminary for our P&C Claims offering,” said Manish Shah, Chief Product Officer, and President at Majesco. “Leaders in our industry demand a next generation claims solution that can easily integrate with digital, data, ecosystems, and other emerging technologies - enabling them to fundamentally transform their claims processes. This cannot be done without rethinking traditional claims business models in favor of establishing new business processes that deliver exceptional customer service all while providing options to manage or eliminate risk and cost.”

Majesco Claims for P&C is a comprehensive claims management solution that has been deployed in some of the most demanding claims operations. Developed by claims experts - for claims experts - the business rules-driven and robust configurable solution empowers claims adjusters to meet the ever-changing expectations of today and tomorrow. The functionality and proven processes in Majesco Claims for P&C provide insurers control of their claims management processes so they can focus on optimizing the customer experience.

“It’s an honor to be recognized as a Luminary in the P&C Claims space,” said Adam Elster, CEO at Majesco. “It is a testament to our commitment to providing our customers and the industry with innovative, forward-thinking, and client-driven products. We don’t want to chase the trends of the market when designing our products instead, we want to lead and guide the market and this recognition reflects our vision and our commitment to the industry.”

About Majesco

Majesco is the partner P&C and L&A insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what’s next, without losing sight of what’s important now. Over 330 insurers, from greenfields and startups to some of the world’s largest insurers, rely on Majesco’s SaaS platforms solutions of core, data, analytics, digital, and rich ecosystem of partners to create their next now.

As an industry leader, we don’t believe in managing risk by avoiding change. We embrace change, even cause it, to get and stay ahead of risk. With 825+ successful implementations we are uniquely qualified to bridge the gap between a traditional insurance industry approach and a pure digital mindset. We give customers the confidence to decide, the products to perform, and the follow-through to execute.

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