Majesco

What is Majesco?

Majesco is a cloud insurance software provider that sells core platforms for property and casualty (P&C), life, accident and health (LA&H), and retirement and pension organizations. The vendor describes its offering as an AI platform with governed AI agents working alongside staff.

Key features of Majesco

• Intelligent Core for P&C: Core policy, billing and claims for property and casualty insurers.
• Intelligent Core for LA&H: Core platform for life, accident and health.
• Intelligent V3locity: Defined benefit administration for retirement and pension.
• CoreConnect: Core platform for P&C MGAs and MGUs.
• Specialized modules: Digital portals, distribution management, enterprise rating, intelligent underwriting, loss control and premium audit.
• Governed AI agents: Agents working in shared workflows with staff.
• Embedded analytics and GenAI: Analytics and automation inside workflows.

How Majesco works

An insurer deploys a core platform in the cloud and adds modules for underwriting, rating, distribution or portals. AI agents handle tasks such as claims triage inside the workflows. The vendor says 95% of its customers are on the cloud.

Who uses Majesco?

The vendor lists P&C and LA&H insurers, MGAs and MGUs, TPAs, risk engineering firms, corporate HR teams and public retirement and pension systems. It reports 1,400+ implementations and 40+ years in business.

Majesco pricing

Majesco does not list prices; visitors are directed to book a demo or request information.

Majesco integrations

The vendor does not name integrations on its homepage and points to a partner marketplace and strategic and delivery partners.

Majesco alternatives

Guidewire is the market's largest P&C core platform provider, used by large carriers. Duck Creek Technologies provides cloud policy, billing and claims for P&C and life insurers. Insurity offers core and analytics products for insurers, Socotra is an API-first insurance core platform, and EIS provides a cloud-native core.