Insurance software and consulting firm Majesco and Deloitte Consulting LLP are extending their partnership, which is intended to help insurers implement Majesco’s core solutions and realize system consolidations, improved flexibility, quicker response to market and regulatory changes, and increased speed-to-market for new products.
“As insurers define their strategies to compete in a fast changing market, the collective value of quality core insurance software and implementation services help build the foundation of a successful transformation and long term business strength,” said Neal Baumann, principal and insurance sector leader, Deloitte Consulting LLP. “Bringing Majesco’s industry-leading core insurance software together with Deloitte’s long history and track record in business transformation can provide tremendous strategic value to our joint insurer clients.”
Deloitte clients will have access to Majesco’s portfolio of insurance applications for P&C general insurance, life, annuity and pensions and health insurance, and Majesco’s customers will have more options for core systems transformation and implementation experience, the companies said.
“We have been pleased to work with the Deloitte team for the last three years on a number of shared customer initiatives. This announcement further accelerates our relationship by creating depth in business transformation and implementation options for our customers,” said Ed Ossie, Majesco’s chief operating officer. “We are focused on helping our clients maximize the investment and impact of their unique transformation journey every step of the way.”
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