Majesco Limited is a global provider of cloud-based software solutions tailored for the insurance industry, serving clients in North America, Europe, and other regions. The company specializes in delivering comprehensive insurance software that supports property and casualty, life, annuities, and pensions sectors. Its key offerings include a Property & Casualty Core Suite, L&A and Group Core Suite, and LifePlus Solutions, which encompass essential functions such as policy management, billing, claims, and distribution management. Additionally, Majesco provides a Digital Insurance platform and Data and Analytics solutions to enhance business intelligence and analytics capabilities for insurers. Founded in 1982 and headquartered in Morristown, New Jersey, Majesco aims to empower insurance organizations to optimize their operations across the entire insurance value chain, adapt to regulatory requirements, and innovate in product offerings. The company also offers consulting, implementation, and support services to facilitate seamless transitions to cloud-based operations.
Decision Research Corporation (DRC) is a software development and information technology company established in 1971, recognized for its policy administration software solutions tailored specifically for the Property & Casualty insurance industry. DRC specializes in delivering comprehensive functionality for insurance companies and managing general agents, offering both enterprise-wide systems and specific components that address various operational needs, such as quoting, rating, billing, and claims processing. Its flagship product, GameChanger®, is a modern, integrated suite of web-based insurance applications that supports a complete quote-to-claim process, which can be deployed in the cloud or on-premises to facilitate prompt business operations. With over four decades of experience, DRC has cultivated extensive expertise in technology and insurance processes, continuously enhancing its offerings to provide clients with greater value and efficiency.
Global IQX
Acquisition in 2022
Global IQX provides a web-based software solution for insurance underwriting and sales automation, designed to cater to the diverse needs of the employee benefits industry. The platform offers a comprehensive suite of components that allow for high configurability, enabling clients to customize their business processes effectively. Key features include quoting, rating, proposal generation, renewals, and document management, all supported by seamless integration with various systems and applications. The technology is scalable, accommodating a wide range of product lines and customer segments, from small businesses to large enterprises with complex structures. Additionally, Global IQX supports census data in multiple formats and offers multilingual capabilities in accordance with ACORD standards, along with multi-carrier functionalities to enhance the user experience and streamline operations.
Integrow Asset Management
Corporate Round in 2021
Integrow Asset Management is a real estate-focused asset management firm that specializes in real estate investments. The company provides investment services that aim to enhance value and facilitate transformation in the sector. By leveraging shared insights and effective processes, Integrow Asset Management helps clients realize their vision of sustainable and democratized real estate investment while maintaining a commitment to integrity and confidence in their operations.
K2V2
Acquisition in 2021
K2V2 provides Software as a Service (SaaS) products, services and Enterprise Software catering to the real estate industry.
Utilant
Acquisition in 2021
Utilant is an enterprise software company providing the insurance industry’s best-in-class Survey Management SaaS Product Suite for Loss Control and Premium Audit surveys. Utilant’s InsurTech Product Suite drives predictive risk insights with intelligent loss control solutions for Property & Casualty Insurance Carriers and Top Risk Engineering Companies. Utilant’s Loss Control 360 platform leverages the world’s largest repository of survey data, coupled with a suite of workflow tools designed to inform smarter underwriting decisions.
ClaimVantage
Acquisition in 2021
ClaimVantage specializes in cloud-based software solutions designed for insurance companies, Third Party Administrators (TPAs), and employers to manage life, health, and absence claims effectively. By offering a comprehensive platform that handles both group and individual policy benefits, ClaimVantage enables its clients to streamline operations and enhance customer service. The software, hosted on the Salesforce platform, is user-friendly and regularly updated by industry experts to adapt to market changes and compliance requirements. This integration allows clients to access their systems anytime and anywhere, ultimately improving productivity, reducing fraud, and saving on implementation costs.
Inspro
Acquisition in 2020
InsPro Technologies is a provider of group and individual insurance policy administration software for health, life, and annuities, called Inspro Enterprise. InsPro Enterprise is a web-based software that crosses the entire enterprise of an insurance agency - from marketing to operations. The software also spans the entire insurance product and policy lifecycle, and offers integrated support for all channels, policies and users. InsPro Enterprise manages billing, claims and payments for insurance agencies. Because it is built on a web-based architecture, InsPro enables companies to consolidate multiple policies into one processing platform. In addition to the web-based software, InsPro also offers customers optional hosting, application management, and tech support.
Exaxe
Acquisition in 2018
Established in 1997, Exaxe is an award-winning SaaS provider of software solutions that helps life and pensions companies launch new products faster, administer products more efficiently and respond with greater flexibility to the marketplace. With headquarters in Ireland and offices in the United Kingdom and the Netherlands, they provide leading edge front, middle, and back-office SaaS solutions specifically for life, pensions, and wealth sectors. Exaxe’s SaaS based solutions provide full lifecycle support for life, pensions and wealth management product sets. Exaxe SaaS solutions allow its clients to avoid large upfront licence fees, to pay per usage and work anywhere, anytime. Exaxe solutions are in use in a wide range of client organisations throughout Europe. Exaxe helps companies, such as; AXA Life Invest, Police Mutual, Retirement Advantage, Capita, Scottish Mutual, and the Eureko Group. It is their goal that their clients have the right platform to easily overcome top industry challenges, to gain efficiencies and to meet their growth goals.
Cover-All Technologies
Acquisition in 2015
Cover-All Technologies specializes in providing software solutions tailored for the property and casualty insurance industry. The company offers both custom and off-the-shelf web-based platforms designed to help insurance professionals manage their business effectively. With a focus on enhancing productivity, improving quality, and reducing costs, Cover-All's products enable clients, including insurance companies, agents, brokers, and managing general agents, to bring their offerings to market more efficiently. Their solutions stem from extensive industry experience, ensuring that clients receive the technical and insurance expertise necessary for achieving success in a competitive landscape.
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