Homesite Insurance, a wholly-owned subsidiary of American Family Mutual Insurance Company, has announced an extension of services with Majesco.
Homesite will use the software provider’s multi-line cloud platform, Majesco P&C Suite Cloud, for its commercial line of business. The P&C Suite includes policy admin, billing, claims, rating and underwriting tools as well as ISO bureau content, allowing Homesite to introduce products and reach new markets quickly.
The insurer now joins more than 30 insurance companies as Majesco cloud customers.
"We have successfully worked together with tangible benefits and value-add achieved through our collaboration,” said Peter Settel, EVP and CIO of Homesite. “Majesco's multi-line cloud platform aligns well within our overall platform vision and architecture. As we continue into Homesite's next stage of growth across personal and commercial lines, we view Majesco as a key partner and we expect to build upon our existing relationship."
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