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What is Majesco?

Majesco distinguishes itself as the leading software partner for the Property & Casualty (P&C) and Life & Annuity (L&A) insurance industries, driving swift modernization, optimization, and innovation in their operations. With a diverse portfolio of over 330 clients, ranging from greenfield initiatives and startups to managing general agents (MGAs), as well as some of the largest insurers, reinsurers, and brokers, Majesco offers a sophisticated suite of SaaS platform solutions that include core systems, data analytics, digital interfaces, distribution, absence management, and a comprehensive ecosystem of both established firms and InsurTech partners, all focused on redefining the insurance landscape. Our technological prowess and industry expertise empower insurers to evolve and innovate, ensuring they stay nimble and competitive in a rapidly changing market environment. By harnessing state-of-the-art technologies such as cloud computing, microservices, and API integration, we move beyond conventional industry language. At Majesco, we proactively adopt these advancements, allowing carriers to respond promptly to market fluctuations, derive significant business value, and deliver faster, tailored innovations to their customers. Our dedication to transforming the insurance sector is steadfast, and we consistently refine our offerings to address the ever-evolving needs of the industry. As we look to the future, we aim to not only meet but exceed the expectations of our clients and partners, fostering a culture of continuous improvement and innovation.

What is Cloud Insurance?

Cloud Insurance provides a versatile SaaS solution designed for the efficient management of insurance operations, specifically targeting managing general agents (MGAs), carriers, brokers, and innovative insurance startups, positioning itself as an essential tool instead of taking on the role of an insurer. The platform consists of nine unique modules that support the complete policy lifecycle, featuring a Product Engine that allows for quick product development and pricing, thorough management of Policies, AI-based Claims processing, efficient Distribution for onboarding partners, and strong Finance functionalities for accounting and invoicing. Moreover, it offers a Customer Relationship Management (CRM) system, automated Workflow tools that assist with underwriting and reminders, flexible Reporting dashboards, and sophisticated AI Machine Reading capabilities for streamlined document management. Policyholders enjoy a tailored Purchase Journey and a self-service My Account portal, while the inclusion of REST APIs ensures easy integration for creating customers, policies, and quotes from external systems. Cloud Insurance can be utilized as a fully integrated core system, a modular enhancement, or a minimal viable product (MVP) platform, featuring pre-configured options that cater to various lines such as travel, dental, pet, health, payment protection insurance (PPI), and sports. This adaptability empowers businesses to customize the platform according to their specific requirements and effectively scale their operations. Additionally, the comprehensive nature of these services allows organizations to enhance customer satisfaction while streamlining their internal processes.

Media

Media

Integrations Supported

Twilio
AssureSign
Capgemini Intelligent Automation Platform
Cybersource
DataRobot
Deloitte Cascade Suite
IBM Cloud
Inspection Manager
Insurmi Violet
Kanverse
Loader.io
Loss Control 360
Majesco Digital1st
Majesco P&C CoreConnect
SPLICE Dialog Suite
Smarty
eGain Chat

Integrations Supported

Twilio
Keycloak
Mailgun
bexio

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

SaaS fixed fee plus a variable fee on premium

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
On-Site Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Majesco

Date Founded

1982

Company Location

United States

Company Website

www.majesco.com

Company Facts

Organization Name

Cloud Insurance

Date Founded

2012

Company Location

Norway

Company Website

www.cloudinsurance.io

Categories and Features

Insurance Billing

Not specified

P&C Insurance

Billing & Invoicing
Claims Management
Insurance Rating
Policy Management
Underwriting Management

Reinsurance

Not specified

Categories and Features

Insurance Claims Management

Claims tracking
Customer portal
Document management
EDI data exchange integrations
Electronic claims
Fraud management
Reporting

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