Majesco L&AH Intelligent Core Suite
Overview
Majesco's L&AH Intelligent Core Suite unlocks a world of possibilities by integrating embedded data, analytics, and GenAI to transform insurance operations and accelerate growth. Designed for individual, group, voluntary benefits, and worksite products, it delivers a unified platform that addresses legacy debt and propels insurers into the next generation of digital transformation.
With Majesco Copilot, an advanced GenAI digital assistant, insurers achieve unprecedented efficiency and productivity, streamlining processes across quoting, underwriting, policy, billing, and claims with up to 80% less effort. Predefined workflows, extensive rules libraries, and a next-gen architecture built on native cloud, microservices, APIs, and headless design provide unmatched agility, innovation, and speed to market.
Deliver exceptional customer experiences with personalized, data-driven offerings that foster loyalty while achieving operational excellence. With the power of GenAI and embedded analytics, the L&AH Intelligent Core Suite equips insurers to meet customer-centric demands, drive operational effectiveness, and innovate rapidly, keeping you at the leading edge of the industry.
Key Features
Majesco L&AH Intelligent Core Suite offers a comprehensive set of features, including a pre-configured automation first approach with over 7500+ capabilities, 10,000+ business rules, 500+ events and 200+ workflows for rapid product innovation. It supports straight-through processing (STP) with touchless administration, wizard-driven screens for complex transactions, and skill-based adjudication for optimized workflows. Cloud and API-enabled, the platform integrates seamlessly with third-party solutions through the Majesco EcoExchange ecosystem, offering plug-and-play capabilities for unparalleled flexibility. Proactive monthly updates ensure insurers stay ahead with the latest features and functionality. The suite also includes powerful dashboards providing a 360-degree customer view and advanced analytics fueled by AI/ML for actionable insights.
Key Benefits
The Majesco L&AH Intelligent Core Suite drives growth, operational efficiency, and innovation. It enables insurers to rapidly develop and launch customer-centric products, creating personalized experiences that foster loyalty and retention. By automating processes and integrating seamlessly with external ecosystems, insurers can achieve faster speed-to-value and reduce costs. The platform’s data-rich environment empowers insurers to make informed decisions and proactively address market trends. With a focus on scalability and adaptability, the suite ensures insurers remain agile and competitive, equipped to meet both current and future challenges in the dynamic L&AH market.