Majesco (NYSEAMERICAN:MJCO) is a global provider of cloud-native insurance software and services, specializing in core, data, and digital solutions for property and casualty (P&C) and life and annuity (L&A) carriers. The company’s offerings support policy administration, billing, claims, rating and underwriting, agency management, data analytics and digital commerce, all delivered through a scalable, microservices-based architecture. Majesco’s platform is designed to help insurers accelerate product launches, streamline operations and improve customer engagement in rapidly changing markets.
Founded in 1985 and headquartered in Morristown, New Jersey, Majesco has evolved from its early beginnings providing on-premise policy administration systems to becoming a pioneer in SaaS-based insurance technology. Over the years, Majesco has grown both organically and through strategic acquisitions, expanding its capabilities in digital experience, data and analytics, and cloud infrastructure. This evolution reflects the company’s ongoing commitment to innovation and staying ahead of industry trends.
Majesco’s flagship Digital1st Insurance platform leverages API-first design and low-code tools to enable insurers to modernize legacy systems and launch new products rapidly. The platform includes capabilities for business process automation, customer self-service portals, omnichannel distribution and real-time analytics. By combining core insurance functions with customer engagement and data insights, Majesco helps insurers address emerging challenges such as shifting consumer expectations, regulatory changes and competitive pressures from insurtech entrants.
With a global customer base that spans North America, Europe, Asia Pacific and Australia, Majesco serves carriers, reinsurers and MGAs of all sizes. Under the leadership of President and CEO Adam Elster, the company continues to invest in research and development, strategic partnerships and industry ecosystems. Majesco’s board and executive team bring deep experience in insurance and technology, guiding the company’s mission to enable insurers to thrive in the digital age.
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