Core Software

Majesco Billing for P&C – Insurance Billing and Payments Software for Property & Casualty

Intelligent, Scalable, & Proven

Billing for P&C is powered by GenAI, AI Agents and automation, delivering intelligent billing and payment experiences that adapt to evolving customer and business demands. Built on a flexible, cloud-native platform, Majesco’s P&C insurance billing software enables rapid configuration, predictive insights, and seamless integration with digital ecosystems. The system enhances operational efficiency and digital accessibility, empowering agents and customers with intuitive self-service capabilities for frictionless transactions, driving measurable business outcomes and accelerating speed to value.

Benefit from an interactive dialog and write off a policy in less than 30 seconds compared to the 3-5 minutes it takes with a traditional UI.

GenAI + AI Agents for Billing

Bring accuracy and speed to cash. Majesco Copilot and task-specific AI agents work inside Billing to allocate payments, resolve exceptions, draft customer/agency outreach, and trigger follow-ups, guided by embedded analytics for delinquency risk, cash-flow trends, and promise-to-pay monitoring. The outcome, faster close, fewer write-offs, and clearer visibility for finance and operations.

All Lines & Bill Types

Support every P&C line with flexible billing methods, Direct, Customer Account, Agency Statement, Agency Account Current, Wholesale, List/Payroll Deduction, Deductible Billing, and user-defined payment plans. Embedded analytics surface KPIs at each step so teams can act in real time and keep cash moving.

Multi-Currency Operations

Operate confidently across regions with multi-currency billing, reconciliation, and reporting. Agents and analytics help standardize controls and surface variances early, supporting accurate books and smoother global operations

Powerful and Proven P&C Solutions

Policy

A market-leading, comprehensive, and advanced policy management system that provides full lifecycle processing capabilities for all lines of P&C insurance, including new innovative products.

Claims

Supports the entire claims process and settlement cycle with all-encompassing functionality including FNOL setup, claims setup, processing, fraud assessment, cat management, and settlement.

Revolutionize Billing with Intelligent, Future-Ready Capabilities

Embrace the future of billing with AI-powered, configurable P&C software solutions that adapt to market demands and accelerate business outcomes through highly configurable modules, services, and partners.

  • Leverage our robust ecosystem of partners to access expanded capabilities, data, and services, empowering your business to thrive.
  • Seamlessly set reserves, make payments and recoveries in different currencies, and gain comprehensive visibility into detailed transaction tables in both the system and transaction currency.
  • Experience automated processes that provide flexibility and leniency towards fees, late charges, and collections, ensuring smooth operations even in unexpected circumstances.

Secure and Efficient Billing Processes with Advanced Features

Ensure secure, efficient billing with AI-powered validation and dynamic controls that safeguard electronic payments and optimize transaction integrity.

  • Seamlessly process ACH and Credit Card payments with frictionless and secure integration using Electronic Bill360 and trusted payment gateways.
  • Access real-time billing information and make payments conveniently through our secure Software-as-a-Service (SaaS) portal.
  • Offer a variety of payment options, including guest payments, one-time payments, and automatic recurring payments, to cater to diverse customer preferences.
  • Efficiently manage flexible commission contracts, track changes, and provide comprehensive details on incentives, commission plans, and timely payments.

Optimizing Business Intelligence and Financial Visibility

Unlock rapid, cost-effective insights with AI-enhanced metadata mapping, pre-built reports, and dashboards that accelerate decision-making.

  • Access and utilize data more effectively through seamless pre-integration with built in analytics.
  • Enhance visibility and generate best-practice reports for trend analysis and market refocusing.
  • Improve cash flow and obtain an accurate picture of accounts receivable, with a special focus on addressing problem accounts.

“We are excited to strengthen our partnership with the Majesco team and leverage the advanced analytics tools built in the Intelligent Billing solution. We’ve built a reputation on leading the market and providing customers with next-gen solutions to meet their current and future needs. Access to all our data in real-time will allow us to gain new insights for the business, while empowering us to make quicker and more informed decisions for our customers long-term.”

David Gottschall, Senior Vice President and Chief Quality Officer, Tokio Marine

FAQ

How long does the billing configuration take?

The configuration tools bring a new level of autonomy, flexibility, and speed to the billing management operation. Changes that previously took weeks or months can now be configured and implemented in hours.

Can Majesco’s billing system manage changing customer expectations and shifts in the market?

With Billing for P&C, carriers can be confident they are supporting innovation that is necessary to not only stay relevant but also reposition them as market leaders who continuously respond to meet customers’ shifting needs when they need it most.

What benefits does an Enterprise Billing Solution provide?

An enterprise billing chassis provides the configurability and flexibility needed to respond to the requirements of innovative new products, services, and payment methods and it answers the need for customer service capabilities that will pay off in customer engagement, loyalty, and retention.

How does insurance billing and payments software enhance financial operations?

Insurance billing and payments software streamlines financial operations by automating invoicing, payment processing, and reconciliation. It ensures accurate premium collection, reduces administrative overhead, and improves cash flow management for property and casualty insurers.

What capabilities should insurers look for in billing and payments insurance software?

Billing and payments insurance software should offer flexible payment plans, multi-currency support, real-time transaction tracking, secure integrations with payment gateways, and automated reconciliation. These features enhance operational efficiency and provide a seamless billing experience for P&C policyholders.

The Future Starts With Majesco