Core Software
P&C CoreConnect – Insurance Software for MGAs & MGUs
Empowering Growth for P&C MGAs and MGUs
Along with our P&C Intelligent Core Suite, Majesco P&C CoreConnect delivers a powerful, versatile MGA/MGU insurance technology solution tailored to smaller P&C insurers. This next-generation platform empowers growth and innovation in a world of shifting risk. P&C CoreConnect gets your products to market faster, cuts inefficiencies, and grows with your business. The platform includes quote, rating, policy, billing, and claims, keeping you ahead of market demands while simplifying operations, increasing efficiency, and expanding market reach for MGAs, MGUs, and smaller insurers.
Simplify Complexity, Drive Expansion & Scalablity
Designed for MGAs and MGUs to propel profitable growth and seamlessly manage multiple insurers, reinsurers, and distribution partners on a unified platform to simplify complexity. Multi-currency, multi-language, and London and Lloyds market capabilities to drive expansion and scalability. Make real-time changes to enable MGAs/MGUs to quickly react to the changing risk and competitive market conditions.
Comprehensive Solution for All Lines of Business
Market-leading technology with comprehensive capabilities across quote, policy, rating, billing, and claims including pre-configured third-party integrations to accelerate speed to market with new products and market segments cost effectively.
Cloud Native Next-Gen Platform
A modern, modular, and native cloud solution built on a highly performant Microsoft Azure architecture with robust APIs and no-code/low-code tooling, continuously enriched with new features to future-proof MGAs, MGUs, and smaller insurers—empowering business users to stay ahead of risk shifts and the competition.
Insurance Solutions
Speed-to-Market
Harness a solution nimble enough to launch products in weeks and robust enough to drive business growth.
- Ready-to-use product templates across a vast array of personal, commercial, and specialty lines of business simplifies and expedites product development times.
- Comprehensive set of features within each suite module provides all capabilities needed for seamless operations.
- Make real-time changes to the system to quickly react to rapidly changing market conditions to gain a competitive edge and seize new market opportunities.
- Swift response times enables MGAs and MGUs to scale operations efficiently to drive growth objectives including diversifying product offerings, accommodating increased submission and policy volumes, platform consolidations after mergers or acquisitions, and more.
Optimized Solution
Optimize efficiency and deliver exceptional services.
- Flexible technology architecture provides capabilities to seamlessly connect to available carrier APIs and quickly model carrier rates and rules, eliminating the need for your operations team to navigate multiple carrier portals.
- Adaptable underwriting portals brings full control to underwriting teams which enables them to quickly triage submissions and, in most cases, automate straight through processing.
- Pre-configured integration with data enrichment providers and document generation and management capabilities eliminates the waiting period and streamlines the effort required by agents.
- Feature capabilities that enable real time assistance to streamline communication processes and response times.
- Intelligent submission handling and unstructured text ingestion developments within Majesco P&C CoreConnect can automatically create submissions from ACORD forms to eliminate rekeying.
Cutting Edge Innovation
Optimize your business with the latest technology on the market.
- Cloud-native architecture leveraging a wide range of Azure services.
- Pre-configured integration with industry-leading providers like Verisk, LexisNexis, Melissa Data, Google Maps, comparative raters, and many more.
- Low-code enabled portals allow automated straight-through processing of insurance policies from submission to indication or bindable quote.
“This milestone achievement helps advance Beazley’s Technology strategy of moving critical systems to cloud infrastructure. The integration flexibility and scalability helps Beazley expand distribution networks and provision infrastructure more nimbly.”
Libby Davey, Global Chief Information Officer, Beazley
Featured ResourCes
Blog
P&C Risk, Data and Underwriting: The Crush That is Driving Better Technology
Pick your pressure. If your organization had to have a pain point, would you rather have… Unfortunately for today’s P&C insurers, the business climate has been chosen for them. E. All of the Above P&C insurers are in an extraordinarily tight spot. Name a pressure and it’s happening right now to them. It may be…
Press
Embark MGA chooses DRC Insurance Platform
Embark MGA chooses DRC Insurance Platform for its property policy administration system to increase access to Homeowners Insurance in CA and AZ October 17, 2023 Philadelphia, PA | October 17, 2023 – In a timely collaboration, Embark MGA (Embark) and Decision Research Corporation (DRC) joined forces to tackle the pressing need for reliable markets for homeowner’s…
FAQ
Change can be daunting, but by combining P&C Intelligent Core Suite and P&C CoreConnect’s implementation expertise and tailored technology that offers the fastest, most accurate and cost-effective path to transform insurance products from concept to production, leveraging the latest technology has never been easier.
Majesco P&C CoreConnect provides insurers of all sizes with end-to-end functionality that’s as versatile as it is powerful. Infused by Majesco Enterprise Rating, the market-leading rating technology, with comprehensive policy administration functionality to streamline Quote, Policy, Rating, Billing, Claims, advanced analytics and pre-configured third-party integrations. This powerful solution offers speed, scale, operational optimization, productivity, and decision-making to transform your business.
MGA/MGU insurance technology eliminates manual processes, reduces administrative overhead, and automates policy, billing, and claims management workflows. With real-time data and advanced integrations, MGAs and MGUs can quickly improve decision-making and scale operations.
A cloud-native insurance platform provides flexibility, scalability, and security, allowing MGAs and MGUs to adapt to market changes quickly. With real-time updates, no-code configurability, and seamless integrations, insurers can launch new products faster and reduce operational costs.
