{"id":67620,"date":"2022-05-11T09:00:00","date_gmt":"2022-05-11T13:00:00","guid":{"rendered":"https:\/\/www.majesco.com\/?post_type=press&p=67620"},"modified":"2022-05-10T14:22:43","modified_gmt":"2022-05-10T18:22:43","slug":"majesco-unveils-new-brand-identity-reflecting-companys-commitment-to-your-next-now","status":"publish","type":"press","link":"https:\/\/www.majesco.com\/press\/majesco-unveils-new-brand-identity-reflecting-companys-commitment-to-your-next-now\/","title":{"rendered":"Majesco Unveils New Brand Identity Reflecting Company\u2019s Commitment to \u2018Your Next Now\u2019"},"content":{"rendered":"\n

New brand underscores company\u2019s accelerated growth strategy and success in 2021 as <\/em>Rule of 40+ SaaS Company approaching $250M in total revenue and Product Revenues now exceeding 60% <\/em><\/em><\/p>\n\n\n\n

Morristown, NJ \u2013 May 11th<\/sup>, 2022 \u2013 <\/strong>Majesco, a global leader of cloud insurance platform software for insurance business transformation, announces a new brand identity that centers around Majesco\u2019s next-gen technology and extensive industry experience that reimagines insurance for the betterment of all. In addition, Majesco announced exceptional company results for 2021 reflecting a successful accelerated growth strategy.<\/p>\n\n\n\n

\u201cSince the acquisition by Thoma Bravo in 2020 we have significantly accelerated our growth strategy, expanded product offerings and delivery capabilities, and strengthened our strategic partnerships,\u201d says Adam Elster, CEO of Majesco. \u201cWhile our business has transformed and kept pace with market changes, it became clear that the perception of our brand did not evolve at the same speed. This evolution of the Majesco brand combines the most comprehensive set of digital insurance products, expertise, and experience, as well as a deep understanding of our customer\u2019s needs and goals.\u201d<\/p>\n\n\n\n

Like everything else in a digitally driven economy, risk itself is changing faster than it used to. Majesco understands this change and the expectations insurance professionals are up against. The new Majesco brand represents the organization\u2019s significant growth and evolved offerings, but more importantly its understanding and commitment to enable change at the speed of risk. This marks the first phase of Majesco\u2019s brand evolution with new materials planned for later this year including a rebuild of its website.<\/p>\n\n\n\n

\u201c<\/strong>We are thrilled with the level of execution from the Majesco team and are confident this new brand aligns with the direction of the company\u201d says A.J. Rohde, Senior Partner at Thoma Bravo. \u201cWe\u2019ve been excited about the growth potential of Majesco right from the start, and with the addition of the ClaimVantage and Utilant teams last year, we couldn\u2019t be more confident in our investment. Their customer-centric strategy is clearly identified in the new brand and accelerated product roadmap. Complemented with strengthened partnerships, and continued focus on M&A, they are primed for a ground-breaking year.\u201d<\/p>\n\n\n\n

Financial highlights include:<\/strong><\/p>\n\n\n\n