Software & Consulting Services

Majesco Policy for P&C

Majesco Policy for Property, Casualty & General Insurance enables robust, innovative business capabilities for all lines of property & casualty insurance including personal, commercial, workers compensation and specialty lines of business.

The right policy management system can transform your business by giving you the power to manage and create the content you need, to react to shifting customer preferences, new product needs and changing markets. Majesco Policy for P&C empowers carriers with agility, innovation and speed to respond to new market opportunities while reducing operating costs through an affordable and flexible policy management platform.

Majesco Policy for P&C sets the standard for adaptability, accuracy, reliability and value. A rich variety of built-in content shifts power to business users, enabling the business to capture new opportunities in a fast changing market. With pre-integrated bureau content and the ability to automate consumption of ISO  updates, Majesco Policy for P&C provides the most integrated, updated platform for insurers today.

Majesco Policy for P&C is a part of the Majesco P&C Suite that includes policy, billing, and claims. It can be deployed stand-alone or part of the suite through multiple options including on-premise, hosted or Cloud, which is used by over 30 Majesco customers today.

Business Value Delivered:

  • Enhance Customer Experience
  • Empower Business Agility
  • Enable Efficient Regulatory Compliance
  • Increase Operational Effectiveness
  • Achieve Underwriting Excellence
  • Insurance Product Breadth and Depth
  • Provide Exceptional Configuration Flexibility

Majesco Policy for P&C capabilities:

Product Configurator

Pre-defined products for all states and jurisdictions can be quickly deployed or customized to achieve competitive market position.

Underwriting Workbench

Automate the decision making processes and streamline exceptional cases for underwriters to analyze and make decisions. The underwriting workbench includes work routing, evidence gathering and assessment, reminders and a built-in self learning engine for similar cases.

Deployable in the Cloud

Low-TCO solution that is available either on premise or in the cloud, bundled with expert services for a true competitive advantage.

Rating Engine

A powerful, built-in rating engine that supports creation of rates manually as well as integrates with other rating content.

Configuration Toolset

Business users and IT developers can utilize the Insurance Content Manager and Insurance Content Designer to bring a new level of autonomy to the policy administration process. Rules, rates and forms are accessed through a modern architecture built on open standards, offering an intuitive, web-based user experience.

Regulatory Compliance

Majesco Policy is a pioneer in the way standard rating content is consumed directly into the system with minimal intervention from staff to ensure efficient, timely regulatory compliance.

Sign Up For Email Updates From Majesco

Get the latest news, product information, research, insights and best practice guides from Majesco delivered straight to your inbox.