Analytics Solutions
Business Intelligence & Insurance Analytics Platform for P&C & L&AH
Derive Smart Decisions From Your Data
Unlock smarter decision-making with our next-gen insurance analytics and business intelligence platform tailored for the distinct needs of P&C and L&AH insurance. Designed to support all lines of business for P&C and L&AH, our platforms empower carriers to proactively respond to market shifts, identify untapped opportunities, streamline operations, and enhance customer experiences. In this evolving insurance landscape, turning data into informed decisions isn’t just an advantage – it’s imperative.
Navigate Evolving Market Landscape
Leverage the strength of Business Intelligence to stay ahead in the market.
Personalized and Powerful
Craft tailored insights that are personalized to your business, operations and strategic needs.
Accelerated Time to Insight
Access the data you need to uncover new opportunities and actionable insights across the business. Spend more time on insights and actions and less time on setup with our out-of-the-box capabilities, dashboards, and reports.
Data Driven Advantage
- Empower your business with actionable insights derived from advanced insurance analytics to make informed decisions that position you at the forefront of competitors.
- Stay one step ahead by leveraging our Business Intelligence Platform for P&C & L&AH and identify emerging trends giving you the foresight to adapt and innovate effectively.
- Gain better understanding of customer preferences to tailor products, boost satisfaction, and build loyalty.
Operational Excellence
- Refine underwriting processes with advanced insurance analytics, resulting in precise risk assessments, optimized pricing, and improved profitability for your P&C and L&AH portfolios.
- Improve claims operations with analytics, reducing processing times, identifying fraudulent activities, and ensuring a seamless experience for policyholders.
- Streamline operational workflows, minimize bottlenecks, and maximize resource allocation, ultimately boosting productivity and profitability in both insurance sectors.
Adapt and Thrive in a Shifting Market
- Innovate confidently using BI insights to make operational and strategic decisions about new products and enhancements to remain competitive.
- Ensure compliance as BI helps you monitor and adapt to changing regulations in both sectors, minimizing risks and maintaining a flawless track record.
- BI is your ally. Swiftly respond to shifts in the insurance landscape, capitalize on opportunities, and mitigate challenges, securing a strong position for your business.
“In terms of Majesco, one of the things we’ve been struck within the last couple of years, is how the products have developed capabilities for ease of innovation and simplicity of integration, but also ease of movement of data between systems.”
Bob Pick, EVP & Chief Information Officer at Tokio Marine
Featured ResourCes
Blog
Building Customer Relationships in L&AH Insurance with Data & Analytics
Some history in life insurance for you. A life insurance product that sold in 1982 had a “new” discounted premium for non-smokers. This was revolutionary — tying a personal behavior to underwriting a life policy premium. Oh, how we have advanced since then! What’s possible now goes so far beyond that, yet the idea is…
Thought Leadership
Future Trends: 8 Challenges Insurers Must Meet Now
Understanding the future is all about signals – and we have had lots of them over the last seven years as we tracked trends impacting the insurance industry. While the signals are there, not everyone sees them, understands them, or responds to them. Majesco has been carefully watching these signals, analyzing them, understanding them, and…
FAQ
Data analytics is the extraction, organization, and interpretation of raw data to reveal relevant trends and business metrics. These metrics have become the basis for better-informed decision-making, optimized processes, and the overall direction of a business.
BI refers to Business Intelligence, which incorporates services and software to turn data into actionable insights that influence future decision-making.
ML is a technique of analyzing data that makes analytical model building automated. It is a subset of artificial intelligence that is built on identifying trends from data and making choices with little human element factored in. It allows insurers to project future trends and predict events before they occur.
