Mumbai : Majesco has pre-announced the upcoming version 11 release of the Majesco L&A and Group Core Suite, including Majesco Policy for L&A and Group, Majesco Billing for L&A and Group and Majesco Claims for L&A and Group. The new version will be available in October 2019.
The L&A and Group segment of the insurance industry has been slow to replace legacy systems and is now facing intensified disruption and change technological revolution, fast-changing customer needs and expectations, and shifts to new products and business models. Together, these powerful trends are driving innovation with startups and existing insurers alike building the future of insurance by modernizing, optimizing and creating new business models and products within the business. Majesco enables insurance business transformation for approximately 150 insurance customers by providing solutions which include software, consulting and services.