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Tier Two Specialty Insurer Renews Application Management Services Agreement for Three Years with Majesco

Press Release

Majesco Services provide end to end support to a number of key operational systems  

Morristown, NJ – April 10, 2017–Majesco (NYSE MKT: MJCO), a global provider of core insurance software, consulting and services for insurance business transformation, today announced that a tier two specialty insurer renewed its application management services agreement with Majesco for three years to support a number of key operational systems.

The insurer is focused on specialty related insurance in the U.S.  The agreement will provide the insurer end to end support of some of their key operational systems for three years.  The application management services are part of Majesco’s ADM services.  The insurer has been a long-term strategic client of Majesco.

“We are honored and excited to extend our strategic partnership with this specialty insurer, helping them continue their dedication to service to their customers,” commented Ganesh Pai, EVP of Consulting Services for Majesco.  “Our robust and deep application maintenance services capabilities are designed to help them continue to deliver optimum insurance business outcomes, including service to their independent agents and customers.  We look forward to the next three years of our partnership with them.”

Majesco Consulting Services provides strategic, value-added services based on industry-specific frameworks, assets, and expertise to help insurers accelerate their business priorities and drive achievement of critical business or project outcomes.  Majesco services include Majesco Enterprise Consulting, Majesco Digital Services, Majesco Data Services, Majesco Application Development and Management (ADM) Services and Majesco Testing Services.

About Majesco

Insurance business transformation is a journey of change and revitalization, a renaissance of insurance.  Approximately 150 insurance companies worldwide in P&C, L&A and Group/ Employee Benefits are transforming their businesses with Majesco’s solutions.  Our market leading software, consulting and services uniquely underpin the entire insurance value chain and are designed to empower insurers with the agility, innovation and speed needed to meet their transformation opportunities.  Majesco’s solutions include policy management, new business / underwriting, rating, billing, claims management, distribution management, BI/ analytics, predictive modelling, digital platform with mobile and portal, testing services, cloud services, bureau and content services, transformation services, consulting services and more.

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