Core Software
Property & Casualty Intelligent Core Suite – P&C Insurance Software
Unlock the Power of Core with Embedded Data & GenAI
Majesco P&C Intelligent Core Suite, our market-leading cloud platform for property and casualty insurance, empowers customers to optimize efficiency and productivity, enhance customer experiences, and drive growth and profitability. As a leading P&C Insurance Software, we enable our customers to thrive in today’s fast-paced digital marketplace with the use of advanced technologies including GenAI, artificial intelligence, machine learning, and automation. Built on a common configurable platform, we provide rich, pre-built content that enables both IT and business users to make changes easily and independently.
Cloud Enabled for All Lines of Business
Cloud-enabled and embedded with expert services, P&C Intelligent Core supports personal, commercial, worker’s compensation, specialty, and new innovative products with our highly scalable and secure solutions with core containerization support.
Ease of Doing Business
A comprehensive set of core offerings, including policy, billing, and claims management for property and casualty insurance, assisted by Majesco Copilot to easily complete tasks for you, with up to a 93% reduction in time. Get step-by-step help without ever leaving your page, all while supporting end-to-end optimized insurance software operations with best practice processes and pre-integrated data and digital to deliver exceptional customer experiences.
Elevate Operational Excellence with Majesco Copilot and GenAI
Soar to new levels of efficiency and productivity with Majesco Copilot. Insurers save 6 hours/month for every 100 policies managed through Copilot, including a time savings of 20 minutes per user everyday. With Copilot automation, insurers will achieve a time savings of 70% in auto quoting (3 min compared to 10 min), 75% in processing claims (2.5 hrs saved per claim), and 91% to update payment plans.
Innovation and Customer-Centric Updates
Performance improvements, driven by embedded analytics and Gen AI, broad-reaching enhancements across the application and bulk jobs, resulting in significantly faster product upgrades and a more efficient experience throughout your day.
Insurance Solutions
Accelerate Innovation and Speed to Value
Leverage pre-configured and ready-to-use content for rapid development and launch for any line of business or new business model.
- Pre-integrated with Majesco Digital360 solutions, leveraging ready-to-use interactive insights in a real-time 360° view, providing a seamless digital experience for agents, customers, and underwriters across all lines of business with 360-degree portals.
- Ready-to-use content and pre-configured processes for all products and states with over 4,000 forms, 14,000 data fields and 40,000 rules.
- Pre-integrated with ISO and NCCI, including embedded rates and underwriting rules, ou always have the latest Bureau circulars available for adoption with 667 circular updates resulting in 26, 101 changes and 2,690,693 records updated.
- Expansive Open API Catalogue with a “no code API framework” for rapid integration
- Form development time in Dev Studio can be done in 10-15 minutes on a typical form to 2-3 minutes, an 80% reduction.
Adaptability and Convenience
Cutting-edge tools and capabilities to optimize and innovate your business.
- Integrated advanced analytics, automated processes, and exception underwriting with top-requested features like undocking and resizing the Copilot window, Quick Actions, and improved intent recognition and search, supported by enriched UI Libraries for summary and comparative visualizations.
- Pre-integrated plug-n-play EcoExchange Apps to access marquee partner data sources and capabilities.
- Personalize your experience with complete control over your Intelligent Core Landing Page, allowing role-based views, custom widgets, and the ability to set your own Quick Actions.
- Powerful CAT management capabilities to proactively manage climate, natural or man-made catastrophic events.
- Glovebox integration allows agents and end-insureds to see and manage a consolidated view of policies and billing details across insurers.
A Powerful Intelligent Core
Built for the next generation of business demands and needs with open standards.
- Accelerate your cloud-native agenda with scalable, secure insurance solutions featuring core containerization and out-of-the-box Workers Compensation support, without high implementation timelines and cost.
- Implement standalone or as an enterprise suite, integrated within your IT landscape to support the entire business value chain.
- Utilize day-to-day and AI-based advanced analytics to collect, curate, and analyze data with Majesco Copilot, combining cutting-edge technology with industry expertise.
- Leverage the largest survey data repository with embedded AI/ML, accessing 16M+ surveys and 200M+ tagged photos to identify and assess risks, deeply integrated with Loss Control.
“We are thrilled to offer our customers next-gen experiences and products on our new insurance platform across the entire operation from underwriting, policy, billing, claims in multiple lines of business. The MRSGNA and Majesco teams share a forward-thinking mindset with an emphasis on adopting best practices and scalable solutions that allowed us to extend capabilities and introduce new products quickly.”
Chris Skowronski, Chief Operating Officer – Munich Re Specialty Group North America
Featured ResourCes
Blog
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If we want to know where P&C insurance is heading (and what homeowners and renters are expecting), we need only look at what is happening within our homes and rental spaces. Homes are beginning to have minds of their own. The light switch is a good place to start. Most of us mindlessly turn switches…
FAQ
Digital tech and automation will run the future of every business, including insurance. Every day, Majesco assists insurers in preparing for the new age of digital insurance by helping them construct new, resilient models of business.
The new insurance opportunities will come easily for those insurers that are innovative and responsive. To do so, they must be prepared to construct a business model and approach with a product quickly. And they must be willing (and able) to partner with others in innovative new ways. This innovative responsiveness will only happen if an insurer has a foundation of core insurance systems and processes that are flexible and able to respond rapidly … days, weeks, or a few months, rather than years.
P&C Intelligent Core Suite includes a distinct, yet fully integrated, set of solutions that together provide the flexibility and speed to innovate all while driving significant and sustainable growth, putting the power in the insurer’s hands. The P&C Intelligent Core Suite includes policy, billing, and claims and each can be deployed as stand-alone or as part of the suite through options including on-premises, hosted or Cloud via CloudInsurer®.
Yes, Majesco’s P&C Intelligent Core Suite is designed for seamless integration with third-party applications through its extensive Open API Catalog. It enables insurers to connect with industry data sources, external rating engines, fraud detection tools, and digital customer engagement platforms to enhance their overall ecosystem.
