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American Capital Assurance Selects Multiple Majesco Solutions

Staff Writer | July 31, 2017

Majesco announces that American Capital Assurance Corp. has selected Majesco Suite for P&C, inclusive of Policy, Billing, Claims and Rating, Majesco Distribution Management, Majesco Business Analytics, and Majesco Enterprise Data Warehouse to transition from an outsourced provider.

American Capital Assurance offers commercial property insurance on an admitted basis. It provides coverage for condominium, homeowner, and townhome owner associations, as well as office buildings. The implementation of the Majesco suite will enable AmCap Insurance to manage its business self-sufficiently, rather than outsourced to an external provider.

“AmCap Insurance is committed to a customer focused, tailored experience for our customers with best-in-class service at the right price,” says Steve Wagner, AmCap Insurance’s president and COO. “Our ability to deliver on this in today’s fast-paced changing commercial market was a critical factor in our selection process. Majesco’s solutions, track record and proven implementation methodology delivering speed to value stood apart from other vendors. We look forward to our strategic partnership with Majesco.”

 “We are thrilled to have AmCap Insurance as a customer using our full portfolio of P&C solutions,” says Prateek Kumar, EVP for P&C Insurance for Majesco. “Increasingly speed-to-value including speed-to-implementation, speed-to-market and speed-to-revenue are strategic factors that determine an insurance company’s competitiveness in the marketplace. We are committed to this foundational factor and look forward to helping AmCap Insurance not just transform their business, but provide a platform that provides a new level of agility, innovation and speed. We appreciate their confidence and partnership with Majesco and look forward to an exciting future together.”

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