IT services company Infosys and Majesco, a provider of cloud insurance software solutions, announced a strategic partnership on Tuesday to work together to help collaborating customers accelerate their digital transformation.
This will help unlock new opportunities, meeting the demand for personalized customer experiences, operational efficiency, and digital adoption across the insurance value chain says a regulatory document.
Infosys’ digital and secure domain capabilities, combined with Majesco’s suite of cloud-based solutions, including Majesco L&A and Group Core Suite, Majesco P&C Core Suite, and Majesco Digital1st Insurance at Majesco CloudInsurer, will accelerate business growth and innovation for the insurance industry added.
The joint synergy will help Life & Annuity (L&A), Group, and Property & Casualty (P&C) customers to transform their businesses and benefits insurers in achieving flexibility and innovation in terms of speed and reach, the document says.
“We are delighted to be partnering with Majesco to explore new opportunities and provide an enhanced digital experience for the insurance industry. In the new standard, insurers are exploring ways to provide hyperpersonal experiences and innovative coverage to acquire and retain customers. Some critical factors to achieve these goals include faster time to market, flexible products with better configuration, integration with hypersalivation clouds, and effective operations. Together, we will provide our customers with advanced insurance solutions and catalyze their transformation journey by providing the next-generation digital insurance platform. Infosys and Majesco will provide insurers with greater resilience and customer focus,” said Mohit Joshi, president of Infosys.