Oregon Mutual Insurance Co. (OMI) has selected MajescoMastek’s STG Suite to replace and consolidate its existing core insurance systems, including policy administration, billing and claims. STG Suite is a product from MajescoMastek, a provider of insurance systems and services to P&C and life insurance carriers.
STG Suite offers policy processing for P&C carriers and includes policy, billing, claims, rating, underwriting workbench and insurance toolkit, MajescoMastek said. It is deployed as a product, managed service or on a private cloud. OMI will deploy the solution on a cloud environment, enabling a fast time to production, with a secure technology infrastructure.
Key factors in OMI’s choice of the STG Suite include a core platform for use across all lines of business; processing for rating, underwriting, policy administration, billing, accounts receivables, and claims administration; and a single provider for software implementation and hosting services, said MajescoMastek. Other factors include a platform that allows for changes to insurance content, business processes and user interface without scripting; and the ability to consume, maintain and update ISO regulatory content using electronic rating content.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access