Majesco
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
Acquisition in 2024
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.
Utilant
Acquisition in 2021
Utilant is an enterprise software company that specializes in providing a comprehensive Survey Management SaaS Product Suite tailored for the insurance industry, focusing on Loss Control and Premium Audit surveys. The company’s InsurTech solutions facilitate predictive risk insights and intelligent loss control for Property & Casualty Insurance Carriers and leading Risk Engineering firms. Utilant's Loss Control 360 platform utilizes an extensive repository of survey data, complemented by workflow tools that enhance underwriting decisions. By automating the loss control workflow, Utilant’s software enables insurers to efficiently collect information, manage risks, and streamline their processes, thereby improving overall operational effectiveness within the insurance and real estate sectors.
Cover-All Technologies
Acquisition in 2015
Cover-All Technologies specializes in providing innovative software solutions for the property and casualty insurance industry. The company offers dynamic web-based platforms designed to streamline business management for insurance professionals, including insurance companies, agents, brokers, and managing general agents. With a focus on leveraging extensive industry experience, Cover-All's products aim to enhance operational efficiency, expedite product delivery to market, improve quality, and reduce costs. The company provides both custom solutions and off-the-shelf products that cater to the specific needs of its clients, ensuring they have the technical support necessary for business success.
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