Majesco Recognizes Customer Implementations at User Conference
Staff Writer | October 30, 2015
Majesco announces the recognition of customer implementations over the last year as well as three customers depicting how they are creating the future of insurance together. The customers were honored at the technology solutions provider’s conference, Convergence 2015, which was held in October.
Convergence 2015 is Majesco’s first customer-focused conference following its acquisition of the consulting business of Agile Technologies and its merger with Cover-All Technologies. Participation was primarily for Majesco’s North American customers. A record number of customer companies attended, with many participating as speakers or on a panel at the conference.
This first annual awards ceremony recognized customers who have successfully leveraged Majesco’s solutions to transform their business over the last year by awarding them with the Majesco Business Transformation Award. Customers receiving this award at the conference included Allied World, Heritage Insurance, Homesite Insurance, Maryland Auto Insurance, Mountain West Farm Bureau, and SECURA among others.
From the list of customer winners, top awards were given to customers who are leading the industry in transforming the business of insurance. Those winners and awards included:
The Majesco Pioneer Award, which was awarded to Heritage Insurance for conducting business through its vertically-integrated claims servicing model while setting a new path for others in the industry to follow. Heritage is a three-year-old carrier based in Clearwater, Fla., offering home, condominium, rental property, and commercial residential insurance coverage. Heritage began operations in 2012 and has rapidly grown its business to roughly $510 million in annualized premium (as of the second quarter of 2015).
In 2014, the company assembled its commercial residential underwriting team to facilitate the expansion beyond personal homeowners to commercial residential lines. Heritage deployed Majesco P&C Suite on a private cloud, which is currently supporting Commercial Residential Property and Personal Homeowners. The rapid implementation from project kick-off to production in just nine months of Majesco Policy on Majesco Cloud epitomizes the pioneer award of blazing a new trail.
The Majesco Renaissance Award, recognizing a company who is reinventing and redefining the business of insurance through a new business model, driving innovation and inspiring a renaissance in the industry in the face of dramatic change, was awarded to Homesite Insurance. In under a year, Homesite (through AssureStart) launched a direct to small business owner website. Small businesses get automatic coverage recommendations, binding rate quotes, immediate policy issuance and real-time access to policy and certificate of insurance documents in less than 10 minutes. This was accomplished utilizing the Majesco Policy, Majesco Content and Bureau Services and Majesco Cloud platforms with Homesite’s own proprietary technology to deliver a compelling industry solution.
“We were so pleased to have such a great level of participation from our clients, reflecting our client centric business culture,” says Ketan Mehta, co-founder and CEO of Majesco. “The power of creating a new future together through the wide array of sessions, speakers and networking opportunities between our clients, partners and Majesco experts is what our partnership focus is all about.”
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