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Majesco Announces Plans to Unveil New Brand and Vision for the Future of Insurance

Bill Sinn | April 09, 2019

Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, announced plans to unveil its new brand and vision for the future of insurance at Convergence 2019, the company’s global customer conference.
Majesco has an incredible history of innovation and raising the bar in the insurance industry. Over the last nine months alone, the company increased its revenue by more than 14%, as reported in its third quarter financial results. This was driven primarily by the growing success of its cloud strategy, with a 51% increase in cloud revenues year over year for the quarter, representing nearly 40% of the company’s total revenue.
“Majesco is evolving its brand to mirror who we are as a company,” says CEO Adam Elster. “The industry is beginning to see how well-run, digitally-capable insurance can impact the world. Successful digital transformation is about finding a strategic partner with the right combination of products and people who can see ahead and help navigate the changes to come. Majesco is that partner,” continued Elster. “We’re powered by the best people in the business, recognized for innovation and vision, and driven to help our customers define the future and thrive in it.”

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