Majesco Named Leader in New P&C Claims Analysis Report

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that Majesco Claims for P&C has been named a Leader in the “The Forrester Wave™: P&C Claims Management Systems, Q2 2022” report released by Forrester Research.

The report which is “a guide for buyers considering their purchasing options in a technology marketplace and is based on Forrester’s analysis and opinion,” rated the solution based on 27 areas across three main categories: Current Offering, Strategy, and Market Presence. Majesco Claims for P&C had the highest scores possible in the Strategy criteria of: Vision, Execution Roadmap, and User Research. Majesco’s profile in the report, authored by principal analyst Ellen Carney began with the headline, “Majesco outperforms with execution, decisioning, and native RPA capabilities.”

Also, the profile states, “Over the past 18 months, it has strengthened an already solid foundation. Because of its superior claims orchestration and loss control expertise, it offers a stronger vision than other competitors and demonstrates a better ability to execute that vision. It also stands out for user-driven research that informs its product direction.”

You can also find the report here “Majesco outperformed when it came to the strength of its own decisioning and integrations to standalone engines, such as Charlee. Majesco’s native robotic process automation (RPA) capabilities stood out, as well as its integration with external RPA offerings.”

“We are honored that Majesco Claims for P&C offering is recognized as a leader in the Forrester Wave Report,” Majesco President and Chief Product Officer, Manish Shah. “Claims is the moment of truth for insurers and a time for carriers to make their customers whole. In today’s rapidly evolving, technology-enabled market, claims management has become increasingly complex. Since the beginning of this decade, we have collaborated with customers to develop innovative claims experiences. This recognition is a testament for us to our commitment to relentless innovations and swift execution to enable our customers to win this competitive market.”

“Majesco is an excellent claims solution for insurers, regardless of maturity, who seek a vendor vision aligned with their own,” According to the Forrester Report.

Majesco Claims for P&C is a comprehensive claims management solution that has been deployed in some of the most demanding claims operations. Developed by claims experts – for claims experts – the business rules-driven and robust configurable solution empowers claims adjusters to meet the demanding expectations of today. The deep functionality and proven processes in Majesco Claims for P&C give insurers complete control of their claims management processes so they can focus on optimizing the customer experience during their time of need.

“We are thrilled to see the great strides we are making in the claims space,” Majesco CEO Adam Elster. “We believe this recognition speaks to our vision and commitment to executing on our product roadmap and strategy which is producing tangible results that our teams can be proud of. Our customer-first philosophy is a key part of this. This has allowed us the ability to offer insurance products that are relevant and adapt to the ever-changing needs of our customers. This philosophy continues to be our mantra as we demonstrate the strength of our P&C offerings – including Majesco Claims for P&C.”

Get latest news from African Startup ecosystem

Latest stories

You might also like...