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Majesco Selected by Foresters Friendly Society to Re-platform Its Legacy Systems

Majesco Selected by Foresters Friendly Society to Re-platform Its Legacy Systems

Press Release

Majesco, the award-winning SaaS solutions provider for the life and pensions sector, is delighted to announce that it has been selected by Foresters Friendly Society to deliver full end-to-end policy lifecycle support to its digital strategy. Majesco will implement its SaaS LifePlus solutions; Majesco Life AdminPlus, Majesco Life DistributionPlus, and Majesco Life IllustratePlus, to meet Foresters Friendly Society’s strategic requirements.

This UK win, the second this year, follows a number of high profile client wins since Majesco Europe launched its SaaS solutions. Majesco continues to be the market leader for implementing SaaS solutions within the life and pensions sector. Earlier this year it went live with the first Microsoft Azure hosted SaaS based life and pensions back office administration platform in the UK.

Foresters Friendly Society chose Majesco for its end-to-end capabilities that will equip the Society with future proofed technology that will enhance its digital capability to meet the emerging challenges it faces in a dynamic marketplace. Majesco will deliver a digitally compliant journey for all Foresters Friendly Society members and prospects.

Grant Streader, Head of Insurance Operations at Foresters Friendly Society, commented:

“Foresters Friendly Society needed to replace our existing IT applications in order to support our business strategy, to achieve sales growth and to reduce maintenance costs. In addition, we needed a partner who could provide a high level of configurability within the solution, so we can bring a wide range of products to market quickly and rely on Straight Through Processing to ensure the service we provide is as efficient as possible for our members. We are pleased to find these capabilities with our new partner Majesco. Their SaaS solutions will allow us the flexibility and efficiencies we need to help achieve our business goals whilst maintaining our excellent member satisfaction levels.”

Philip Naughton, Executive Director Business Development at Majesco, commented:

“Majesco is delighted to have been selected by Foresters Friendly Society. We will deliver a digital by default solution, which will deliver the Society’s requirements in a cost-effective manner, realising benefits in a short space of time. Majesco has a proven record of delivering digital platforms to UK assurers and we are looking forward to another successful engagement with Foresters Friendly Society.”