Overview
Majesco Policy for P&C sets the standard among policy management platforms. With a rich variety of built-in content, including ISO rates, rules and forms, it shifts power to the business, enabling speed to market and speed to revenue to rapidly introduce new products, enter new markets, and stay ahead of competitors in today’s fast-changing insurance landscape.
Uniquely, Majesco Policy for P&C has automated monthly updates of both content and software, including pre-integrated bureau content and the ability to interpret and make circulars available for consumption directly into the system, making it easier to stay competitive and compliant.
As the digital age continues to rapidly evolve, Majesco Policy for P&C integrates with partners from our EcoSystem that provide innovative capabilities using technologies like AI, chatbots, video, internet of things, virtual reality, and more.
Majesco Policy for P&C serves as an innovative policy platform for personal, commercial, specialty, worker’s compensation, and new innovative products, enabling transformative business outcomes and expedited growth strategies. Using our platform, customers gain the power to create tailored products that cater to their customers’ needs, adapt to evolving customer preferences, changing and emerging risk demands, and achieve rapid value delivery, propelling their businesses forward.
Key Features
- Support for all P&C lines of business
- Ready-to-use content including ISO-based rates, rules, and forms
- Automated monthly content and software updates
- Streamlined and automated underwriting
- Powerful and flexible rating engine
- Integrated reporting and analytics
- Majesco Copilot assistance
- AI/GenAI technologies
Key Benefits
- Speed to value
- Enhanced customer experience
- Empowered business agility
- Efficient regulatory compliance
- Underwriting excellence
- Increased operational effectiveness
- Launch innovative products
- Launch new business models
- Innovative ecosystem capabilities
