Property & Casualty
A Foundation for Today with the Future in Mind
Today’s leaders must quickly adapt to enable growth and remain competitive. With the pace of change and disruption, aligning technology with business strategies is critical. As we shift to digital insurance, replacing traditional business models with cloud-based platforms is mandatory to compete today and in the future.
Cloud Platform Solution
Keep current with key metrics including current and historical availability stats, business adoption metrics, and ServiceNow ticket status.
Receive an installation health score to ensure configurations, modifications, and version used is optimal for ongoing maintainability.
Easy-to-use web interface that enhances insurance customers’ abilities to deploy, monitor, and control all Majesco SaaS applications through an intuitive, web-based portal.
Access the centralized API Management Portal – built on Azure API management – to browse, subscribe, and manage enterprise APIs
Document as a Service (DaaS)
Generate, store, and retrieve documents with high throughput capabilities across all Majesco platforms.
“We are thrilled to continue our long-term partnership with Majesco and look forward to leveraging the advanced capabilities and technologies Majesco Billing for P&C and CloudInsurer® offers. As we continue to migrate our solutions to the Cloud, we’re excited to bring our customers next-gen, digital capabilities that make their experience easier, faster and more personalized.”
Ken Russo, Chief Operating Officer of Crum & Forster’s Surplus & Specialty Lines Division
Cloud use for insurers makes its case without cybersecurity included. Many insurers are in a must-move situation now. They must gain back competitive ground in the digital race for the customer and all roads that make sense … lead to cloud adoption. Insurers who have been hesitant to move, however, might reconsider in light of…
California is a gorgeous state, unfortunately known to the rest of the world for its wildfires, a high cost of living and in some locations, bad traffic. But bad traffic makes for good analogies, especially when it comes to APIs. Both traffic and APIs require a bit of advanced planning, so let’s consider road planning…
Today, we are now seeing increasing environmental, societal, and technology risks that have the potential to intersect and significantly disrupt people and businesses negatively. For example, increased extreme weather events and natural disasters to rising construction costs and strained supply chains are putting many insureds at risk of not having enough insurance coverage.
Leading insurers are looking to improve risk management strategies using digital technology, to drive better business outcomes, expand market opportunities, and meet customer expectations. They are increasingly focusing their time and resources on how they can better assess risk and prevent losses to improve underwriting profitability and customer experiences.
Risk management, underwriting, and loss control all involve gathering and using data needed for AI/ML models to accurately assess and identify risk and manage and reduce risks by providing differentiated customer service. Advanced AI/ML enables insurers to analyze data in real-time to drive intelligent decision-making.