MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader in cloud insurance software solutions for insurance business transformation, is proud to announce its recognition as a Leader in the Gartner Magic Quadrant for SaaS P&C Insurance Core Platforms, North America. To us, this acknowledgment highlights Majesco’s commitment to pioneering technology advancements, including its innovative use of GenAI to drive operational efficiencies, improve productivity and enhance user experiences for insurers.
The Gartner Magic Quadrant™ evaluates providers based on their ability to execute and completeness of vision, assessing how well solutions enable the evolving needs of insurers. We believe, Majesco’s P&C Intelligent Core Suite stood out for its configurability, adoption, and support of ISO, and pioneering GenAI integration, designed to deliver exceptional insights, accelerate underwriting, and provide actionable intelligence.
In response to the recognition, Manish Shah, President, and Chief Product Officer at Majesco, commented, “We are pleased by our recognition by Gartner once again as we continue to push the envelope on innovation. Majesco is dedicated to embedding GenAI into all our solutions as the only major core platform provider doing so, which we believe will fundamentally reshape our clients’ businesses. By driving new levels of productivity and efficiencies that can drive down operational costs, we empower our customers to focus on what truly matters—delivering value to their clients and growing their businesses.”
As insurers seek to rethink their business and technology foundation to respond to risking risks, new products, fight for talent, and increasing customer demands in an increasingly digital world, Majesco’s Intelligent SaaS solutions offer a transformative platform that drives agility and competitive advantage. With embedded GenAI, the Majesco P&C Intelligent Core Suite stands as a visionary industry leader, driving operational excellence for insurers across North America.
For more information on Majesco P&C Intelligent Core Suite and other offerings, visit Majesco’s website.
About Majesco
Majesco is the partner P&C and L&AH insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what is next, without losing sight of what’s important now. Over 350 insurers, from MGAs, greenfields and startups to some of the world’s largest insurers and reinsurers, rely on Majesco’s intelligent SaaS platforms solutions, with GenAI powered insurance data analytics, of core, data, analytics, distribution, underwriting, loss control, digital, and rich ecosystem of partners to create their next now.
As an industry leader, we don’t believe in managing risk by avoiding change. We embrace change, even cause it, to get and stay ahead of risk. With 1000+ successful implementations and 90% of our customers in the cloud we are uniquely qualified to bridge the gap between a traditional insurance industry approach and a pure digital mindset. We give customers the confidence to decide, the products to perform, and the follow-through to execute.
For more information, please visit www.majesco.com and follow us on LinkedIn.
About Gartner
Gartner, Magic Quadrant for SaaS P&C Insurance Core Platforms, North America, 14 October 2024. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER and MAGIC QUADRANT are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
