MORRISTOWN, NJ–(BUSINESS WIRE)–Majesco, a global leader in cloud insurance software solutions for insurance business transformation, today announced the completion of its 2022 Product Council. The four-day virtual event took place on a two-week period and showcased the latest capabilities, innovations and roadmaps to come.
During the opening session, Majesco CEO Adam Elster summarized Majesco’s growth strategy, success in 2021 and the first two quarters of 2022, as a Rule of 40+ SaaS Company. He also shared industry acknowledgments from esteemed analysts and thanked customers for their continued support and commitment to Majesco.
Manish Shah, President and Chief Product Officer, provided an overview of Majesco’s high-level product strategy, innovation and roadmap across the portfolio of SaaS platforms supporting the segments of P&C and L&AH and Group market. Alongside Mr. Shah for his presentation, senior Majesco executives discussed the company’s approach to modernizing the user experience, the rapid shift to cloud-native platforms, and the importance of data to succeed in today’s ever-changing marketplace.
Highlights from the 2022 Majesco Product Council include:
160 attendees 70+ companies in the P&C and L&AH market segments, as well as North America, UK and EU
13 interactive 17-hour sessions over 2 weeks covering Majesco’s broad product portfolio in Core, Data & Analytics, Digital, Distribution Management, Loss Control and Disaster Management absences.
A platform to discover new capabilities, collaborate on how to leverage business and operational impact, and participate in roadmap development
New and Innovative Features in the Spring ’22 Product Release
Fall ’22 product release preview with impactful innovations in business, technology and operations
Guest speakers from MMG, MunichRe/HSB, Chubb, CICA and other leading insurers, with in-depth case studies on leveraging product capabilities and business impact
An introduction to the Design Panel for continued collaboration between customers and Majesco’s new design research group to innovate and modernize the customer experience with real-world feedback and testing
“This year’s Product Council highlighted the leadership role our organization takes on business capabilities and technologies that are fundamentally transforming the way our customers do business,” said Manish Shah, Chief Product Officer and President of Majesco. “The progress we are making with our cloud strategy, the continuous innovations at the core to meet new customer, product and risk needs, the expanded digital capabilities that have delivered rich and holistic experiences, coupled with our focus on advanced AI/ML analytics allow us to focus on continuous progress to keep pace with the needs of our customers today, but also tomorrow. We thank all of our customers for participating in our sessions and look forward to continuing to help them lead innovation in our industry. »
Majesco is the partner of choice for P&C and L&A insurers to create and deliver exceptional experiences for their clients. We combine our technology and our experience in insurance to anticipate the future, without losing sight of what is important now. More than 330 insurers, from greenfields and startups to some of the world’s largest insurers, rely on Majesco’s SaaS platform solutions for core, data, analytics, digital and a rich ecosystem of partners to create their next now.
As an industry leader, we don’t believe in managing risk by avoiding change. We embrace change, even instigate it, to get and stay ahead of risk. With over 825 successful implementations, we are uniquely qualified to bridge the gap between a traditional insurance industry approach and a purely digital mindset. We give clients the confidence to decide, which products to run and what follow-up to run.
For more information, visit www.majesco.com and follow us on LinkedIn.