Overview
Product Information on Majesco Policy
What is Majesco Policy?
Majesco Policy Pricing
Overall experience with Majesco Policy
“Partnership that delivers.”
“Implementation was challenging, vendor is working to make improvements. ”
About Company
Company Description
Majesco is a company that offers intelligent Software as a Service (SaaS) platform solutions, including GenAI-powered insurance data analytics. The firm's primary focus lies in delivering comprehensive solutions to Property & Casualty (P&C) and Life & Accident & Health (L&AH) insurers. Their range of services spans across various aspects including core, data, analytics, distribution, underwriting, loss control, and digital sectors. This variety, coupled with Majesco's mix of technology and insurance expertise, allows for the anticipation of future requirements while addressing current ones. Majesco boasts a successful track record, with over 1000 successful implementations and a significant majority of their customers utilising their cloud services. The company has been involved with a broad spectrum of insurers, including Managed General Agents (MGAs), start-ups, greenfields, as well as large and global insurers. Changes and innovation are consistently embraced by Majesco to stay ahead of market trends and risks. Their services enable customers to make confident decisions, provide high-performance products, and execute effectively.
Company Details
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Key Insights
A Snapshot of What Matters - Based on Validated User Reviews
Reviewer Insights for: Majesco Policy
Majesco Policy Likes & Dislikes
-Flexible Platform -Good team dynamic -Willingness to assist with unexpected issues
Nice UI, solid out of box features, good ISO updates.
Pre-built ready to use ISO products and content
UI/UX capabilities could have been stronger -Industry analysis and reporting could improve -Better reporting to clients regarding company updates/changes to the organization
Scalability for large carriers is a question mark. APIs and microservices are immature.
Nothing
Top Majesco Policy Alternatives
Peer Discussions
Majesco Policy Reviews and Ratings
- CVP - Insurance TechnologyGov't/PS/EdInsurance (except health)Review Source
Partnership that delivers.
Overall, excellent business value. They are a terrific partner and will deliver on their SOW within budget and on time. Very effective partnership resulting in a quality implementation. Knowledgeable resources provided expertise in most areas of development and testing. Vendor is responsive. - Vice President - Information Technology50M-1B USDInsurance (except health)Review Source
Implementation was challenging, vendor is working to make improvements.
Vendor has made improvements in partnering with us to meet our needs. Initial implementation was too heavily customized. Vendor accommodated every request with little resistance, and we made too many requests to customize. We're paying a price now. Vendor cares and tries hard, but delivery is not always there - quality suffers at times due to a lack of skills, documentation, and high caliber software delivery services. - Commercial Underwriting Manager1B-10B USDInsurance (except health)Review Source
Completely satisfied
We have been completely satisfied with our overall experience. Overall everything has worked out well. Nothing specific has not worked well. - Manager of Financial Systems and Reporting50M-1B USDInsurance (except health)Review Source
Majesco - Attentive business partner committed to customer service
Majesco is an attentive business partner dedicated to a positive customer experience. The siloed verticals of billing, policy and testing do create some loss of synergy but in the end our policy system has had a successful implementation. Our underwriting staff considers the new new platform a significant upgrade that will allows us to successfully grow our book and provide elevated levels of customer service.