Majesco Hires Industry Leaders to Strengthen the L&A and Group Business and Its Rapid Growth
Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that the expansion of the L&A and Group business with five new leadership hires. These new hires bring industry knowledge, expertise and leadership to support the rapidly growing selection and adoption of the L&A and Group software solutions.
As the L&A industry enters a new decade, many recognize the significant need to improve, both operationally and innovatively, to create immediate business results and long-term value. In rethinking their operating model, insurers must make their products and processes more cost-effective, while also digitally making their products and processes more attractive to the next generation of buyers to drive growth and avoid the financial impact of declining legacy business.
"The L&A and Group business is one of our strategic pillars and has experienced significant growth in the last year," Adam Elster, CEO of Majesco. "To support our current, new and upcoming customers, we are strengthening and expanding our market and business-focused L&A and Group division to execute on Majesco's vision, strategy, and plans, establishing Majesco as the leader in the L&A and Group market. We are excited about the new talent joining Majesco and energized about the opportunities ahead for our customer and business."
The new hires include:
Majesco provides technology, expertise, and leadership that helps insurers modernize, innovate and connect to build the future of their business - and the future of insurance - at speed and scale. Our platforms connect people and businesses to insurance in ways that are innovative, hyper-relevant, compelling, and personal. Over 190 insurance companies worldwide in P&C, L&A, and Group Benefits are transforming their businesses by modernizing, optimizing, or creating new business models with Majesco. Our market-leading solutions include CloudInsurer® P&C Core Suite (Policy, Billing, Claims); CloudInsurer® L&A and Group Core Suite (Policy, Billing, Claims); L&A Insurance Data & Analytics Platform, Digital1st® Insurance with Digital1st® Engagement, Digital1st® EcoExchange, and Digital1st® Platform - a cloud-native, microservices and open API platform; Distribution Management, P&C Insurance Data & Analytics Platform, including an Enterprise Data Warehouse. For more details on Majesco, please visit www.majesco.com.
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