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.
Top Stages
Past deals in Property Insurance
Decision Research Corporation
Acquisition in 2024
Decision Research Corporation (DRC) is a software development and information technology company established in 1971, known for its expertise in providing policy administration software solutions to the Property & Casualty insurance sector. DRC specializes in end-to-end functionality for insurance companies and managing general agents, offering both comprehensive enterprise systems and targeted components for various operational needs, including quoting, rating, billing, and claims. Its flagship product, GameChanger®, is a modern, web-based suite of insurance applications that delivers a complete quote-to-claim system, available for deployment in the cloud or on-premises. With over four decades of experience, DRC continuously enhances its offerings to help clients optimize their operations and achieve greater efficiency and value in their insurance processes.
Utilant
Acquisition in 2021
Utilant is an enterprise software company that specializes in providing a Survey Management SaaS Product Suite tailored for the insurance industry, focusing on Loss Control and Premium Audit surveys. The company offers advanced InsurTech solutions that deliver predictive risk insights through its Loss Control 360 platform. This platform uses the largest repository of survey data in the industry, complemented by a suite of workflow tools to support more informed underwriting decisions. By automating the loss control workflow, Utilant's software enables insurance carriers to streamline information collection, reduce risk, and enhance their operational efficiency in managing workflows.
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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