One Alliance Insurance Corporation has selected Majesco Policy and Majesco Bureau and Content services for its P&C lines of business.
Majesco Policy will support the insurer’s commercial auto and commercial package lines, including property, general liability, inland marine and crime. Policy provides pre-configured ISO content, which Majesco’s Bureau and Content Services will continuously update, the company said. The move is said to enable rapid product innovation and speed to market for One Alliance.
“As a fresh start-up, One Alliance will offer a wide range of new commercial products. Majesco’ successful track record in the Puerto Rican market and with other start-ups and green field insurers were key factors in the selection,” said Victor Rios CEO of One Alliance. “Majesco Policy’s robust pre-built content and ISO products are designed to lower implementation risk and cost while significantly increasing speed to market. We are excited about our potential together as long-term partners.”
